Trump Economic Policy  (Page 1)

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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Why Slashing Interest Deduction Could Cause Trouble for Businesses

https://commons.wikimedia.org/wiki/File:Mount_Angel_OR_-_grain_field.jpg
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Posted by  ▪  Saturday, July 1, 2017 at 5:30pm 7/1/2017 at 5:30pm
https://commons.wikimedia.org/wiki/File:Mount_Angel_OR_-_grain_field.jpg

Healthcare reform has taken center stage once again, but tax reform still lurks in the background. It’s yet another issue that Congressional Republicans cannot agree on, mainly on the border adjustment tax.

But there’s a tax deduction the Republicans may eliminate that could cause problems and possible resistance among lawmakers, including within...

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Blue Dog Democrats Met With Trump Officials to Discuss Tax Reform

https://commons.wikimedia.org/wiki/File:Steven_Mnuchin_official_portrait.jpg
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Posted by  ▪  Wednesday, June 21, 2017 at 1:09pm 6/21/2017 at 1:09pm
https://commons.wikimedia.org/wiki/File:Steven_Mnuchin_official_portrait.jpg

THEY DO EXIST! Yes, Congress still has Blue Dog Democrats within its walls. The group consists of only 18 members, but it could be enough to push tax reform through this year.

These Democrats view themselves as ones who can help “broker a bipartisan deal.” The Hill reported:

“If it’s constructive, if they’re...

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Dakota Access Pipeline Update: Judge orders redo of environmental review

https://www.youtube.com/watch?v=BriIaRuvPp0
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Posted by  ▪  Monday, June 19, 2017 at 8:30am 6/19/2017 at 8:30am
https://www.youtube.com/watch?v=BriIaRuvPp0

President Trump has faced many opponents during his quest for the White House and the early days of his administration. However, no group seems to be as powerful as the judiciary when it comes to gutting his policies.

Legal Insurrection readers will recall that one of Trump’s first acts as President was ...

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House Freedom Caucus: Tie Welfare, Health Care, and Tax Reform Into One Bill!

https://www.youtube.com/watch?v=TUKQfpDr-C8
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Posted by  ▪  Sunday, June 11, 2017 at 4:30pm 6/11/2017 at 4:30pm
https://www.youtube.com/watch?v=TUKQfpDr-C8

House Freedom Caucus Chairman Mark Meadows (R-NC) and other members have showcased their ambitions:   the caucus wants to add welfare, health care, and tax reform all into one bill and pass it all by the end of the summer.

The biggest stars of reform, health care and taxes, have caused the...

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Mnuchin: U.S. has Plans if Congress Won’t Raise Debt Ceiling

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Sunday, June 11, 2017 at 9:00am 6/11/2017 at 9:00am
https://www.youtube.com/watch?v=TTlkX41zuhQ

In May, Treasury Secretary Steven Mnuchin asked Congress to raise the debt ceiling before members take their summer recess in order for America to pay its debts. The ability to borrow money expired on March 16.

Now Mnuchin has said that he and...

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House Passes Bill That Would Roll Back Most of Dodd-Frank

https://www.youtube.com/watch?v=C-Y-nW6enmk
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Posted by  ▪  Friday, June 9, 2017 at 5:00pm 6/9/2017 at 5:00pm
https://www.youtube.com/watch?v=C-Y-nW6enmk

They did it! The House passed the Financial CHOICE Act, which would roll back regulations established in Dodd-Frank, one of former President Barack Obama’s biggest pieces of legislation.

From The Hill:

Sponsored by House Financial Services Committee Chairman Jeb Hensarling (R-Texas),...

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