Trump Economic Policy  (Page 1)

Great Jobs Report Bad News for Dems: Hispanic Unemployment Rate At Historic Low

http://www.nbcnews.com/politics/politics-news/trump-surprises-first-batch-white-house-visitors-n730111
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Posted by  ▪  Sunday, December 10, 2017 at 5:00pm 12/10/2017 at 5:00pm
http://www.nbcnews.com/politics/politics-news/trump-surprises-first-batch-white-house-visitors-n730111

Friday’s jobs report didn’t hold any good news for Democrats; the official unemployment rate remains steady at 4.9%.  The report also shows the jobless rate dropping among black people and historic jobless lows for Hispanics, with the Hispanic unemployment rate at 4.7%.

NPR reports:

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ABC’s Brian Ross Will No Longer Cover Stories Related to Trump

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Posted by  ▪  Tuesday, December 5, 2017 at 10:00am 12/5/2017 at 10:00am

ABC News suspended Brian Ross for his incorrect report last Friday about former Trump adviser Michael Flynn. Ross is currently enjoying a four week long suspension without pay.

Now the network has decided he won’t cover stories related to President Donald Trump.

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Important aspect of ABC News Mike Flynn debacle is market tumble at prospect of Trump political danger

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Posted by  ▪  Saturday, December 2, 2017 at 12:00pm 12/2/2017 at 12:00pm

Do not trust anti-Trump mainstream media reports based on anonymous sources. That’s something we have learned time and again as the motive and pressure to generate headlines on supposed Russia campaign collusion is enormous.

It’s not just a matter of bad faith, although there’s plenty of that. It’s competition, and the desire...

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GOP Tax Bill Includes Excise Tax on Business Payments to Offshore Affiliates

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Posted by  ▪  Tuesday, November 7, 2017 at 4:00pm 11/7/2017 at 4:00pm

SURPRISE! You didn’t think the GOP tax reform bill would go off without a hitch, right? Because we all know that the government needs to keep spending so they can’t cut too many taxes.

The House Ways and Means Committee had a markup session on Monday and reports have emerged that multinational...

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Unemployment Hits 17-Year Low, U.S. Keeps Adding Jobs

https://www.youtube.com/watch?v=Jp0dMYCsu_o
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Posted by  ▪  Friday, November 3, 2017 at 2:30pm 11/3/2017 at 2:30pm
https://www.youtube.com/watch?v=Jp0dMYCsu_o

Despite numerous natural disasters, October added 261,000 jobs, below the expected 310,000, and unemployment is at 4.1%, which is the lowest in 17 years. From CNBC:

“Today’s report, albeit a little bit mixed, is still a relatively decent number. It still points towards the positive trend that we’ve seen in payroll growth...

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GDP Up 3% Despite Hurricanes in Third Quarter

https://www.youtube.com/watch?v=C-Y-nW6enmk
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Posted by  ▪  Friday, October 27, 2017 at 2:30pm 10/27/2017 at 2:30pm
https://www.youtube.com/watch?v=C-Y-nW6enmk

Despite two massive hurricanes, the GDP, which is the measure of goods and services produced in America, grew to 3% in the third quarter.

Experts estimated a growth of only 2.5% because of the natural disasters, but the “increase in inventory investment and a smaller trade deficit” helped offset the slow spending...

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Senate GOP Pitches 2018 Budget Plan to Start Tax Reform

https://www.youtube.com/watch?v=mb0OlM6mQRM
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Posted by  ▪  Saturday, September 30, 2017 at 7:30am 9/30/2017 at 7:30am
https://www.youtube.com/watch?v=mb0OlM6mQRM

Senate Republicans released its 2018 budget, which includes terms to allow the lawmakers to push through tax reform through budget reconciliation. This would protect them from a Democratic Filibuster.

The plan gives tax writers until November 13 to submit tax reform plans.

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Trump Admin Releases ‘Framework’ for Tax Reform

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Posted by  ▪  Wednesday, September 27, 2017 at 1:00pm 9/27/2017 at 1:00pm

Obamacare repeal. Tax reform. Obamacare repeal. Now back top tax reform! President Donald Trump’s administration and the GOP in Congress have released a framework for possible tax reform.

The framework somewhat mirrors what Trump released in April: slashed corporate tax rate and three tax brackets. The Republicans hope this plan will finally...

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Tax Reform May Include Targeting 401(k) to Help With Lost ‘Revenue’

https://www.youtube.com/watch?v=A_Nheb673JY
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Posted by  ▪  Tuesday, September 26, 2017 at 1:00pm 9/26/2017 at 1:00pm
https://www.youtube.com/watch?v=A_Nheb673JY

We all know that besides healthcare, tax reform is one of the bigger ideas on President Donald Trump’s agenda. His administration has been screaming tax cuts while the left cries over lost “revenue.” But instead of cutting spending like any sane person would do when caught in a tight budget, the...

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Trump Travels to Missouri to Push Congress on Tax Reform

https://www.youtube.com/watch?v=SGn3pQad4io
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Posted by  ▪  Thursday, August 31, 2017 at 1:00pm 8/31/2017 at 1:00pm
https://www.youtube.com/watch?v=SGn3pQad4io

As Congress is scheduled to return from recess next week, President Donald Trump traveled to Missouri on Wednesday to encourage Congress to tackle tax reform and actually get the job done…unlike the ordeal with Obamacare. From Yahoo! News:

“I don’t want to be disappointed by Congress, do you understand me,” Trump said,...

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White House Will Not Release Its Own Tax Reform Plan

http://www.palmbeachpost.com/news/national-govt--politics/read-president-trump-speech-coast-guard-academy-commencement/jU7CcqSBvvn0a1d305HSeJ/
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Posted by  ▪  Friday, August 25, 2017 at 5:30pm 8/25/2017 at 5:30pm
http://www.palmbeachpost.com/news/national-govt--politics/read-president-trump-speech-coast-guard-academy-commencement/jU7CcqSBvvn0a1d305HSeJ/

With Congress’s recess about to end, eyes have turned to tax reform. But in a surprise twist, the White House has decided not to write its own tax reform plan, according to President Donald Trump’s head economic aide. From The Financial Times:

“The ‘big six’ have been meeting and have come up...

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Paul Ryan Not Worried About Raising the Debt Ceiling

https://www.cnbc.com/2017/08/24/house-speaker-paul-ryan-on-debt-ceiling-i-know-we-will-get-this-done.html
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Posted by  ▪  Thursday, August 24, 2017 at 5:30pm 8/24/2017 at 5:30pm
https://www.cnbc.com/2017/08/24/house-speaker-paul-ryan-on-debt-ceiling-i-know-we-will-get-this-done.html

Speaker of the House Paul Ryan (R-WI) spoke to CNBC today about financial situations that Congress will face once lawmakers return from their recess.

In the interview, Ryan expressed the same views on the debt ceiling as Senate Majority Leader Mitch McConnell (R-KY):

 the Wisconsin Republican told CNBC from a Boeing factory in...

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McConnell: ‘Zero Chance’ U.S. Won’t Raise Debt Ceiling

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Posted by  ▪  Tuesday, August 22, 2017 at 8:30am 8/22/2017 at 8:30am

While everyone is talking about statues or President Donald Trump taking a glance at the eclipse, America has some serious issues to address once Congress returns from its recess. This includes the debt ceiling.

Last month, Treasury Secretary Steven Mnuchin urged Congress to raise the debt ceiling to prevent the government from...

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Trump Ends Business Councils After Numerous CEOs Leave

https://twitter.com/ABC/status/897555267587461121
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Posted by  ▪  Wednesday, August 16, 2017 at 2:30pm 8/16/2017 at 2:30pm
https://twitter.com/ABC/status/897555267587461121

President Donald Trump has decided to dissolve his Manufacturing Council and the Strategy & Policy Forum after numerous CEOs left both due to the president’s responses of Charlottesville.

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Congress Will Face Debt Ceiling Decision Immediately After Recess

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Monday, July 31, 2017 at 10:12am 7/31/2017 at 10:12am
https://www.youtube.com/watch?v=TTlkX41zuhQ

After failing to do anything with Obamacare, Congress has gone on recess without addressing the debt ceiling.

Treasury Secretary Steven Mnuchin has warned Congress to address the debt ceiling for the past seven months and do something before recess. Mnuchin said the government needs to raise the debt ceiling before September...

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Media and Democrats obsessed with Russia. People I meet are focused on the economy and jobs.

https://twitter.com/realdonaldtrump/status/728297587418247168?lang=en
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Posted by  ▪  Saturday, July 29, 2017 at 9:00pm 7/29/2017 at 9:00pm
https://twitter.com/realdonaldtrump/status/728297587418247168?lang=en

I mentioned the other day how a friend, who is a lifelong Democrat and always has been very anti-Trump, expressed complete disgust at the media, particularly the handling of Russia, Media overplaying its anti-Trump hand – statistics and an anecdote about a lifelong Democrat:

The conversation was with someone I’ve known for almost...

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Tax Reform: GOP Leaders, White House Drop Border Adjustment Tax

https://www.youtube.com/watch?v=SuDlcHAqbLg
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Posted by  ▪  Friday, July 28, 2017 at 11:30am 7/28/2017 at 11:30am
https://www.youtube.com/watch?v=SuDlcHAqbLg

Congressional Republicans and President Donald Trump’s administration decided to abandon the controversial border adjustment tax (BAT) and concentrate more on corporate tax in their tax reform approach. The joint statement read:

While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and...

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