With a big speech to the Detroit Economic Club, Donald Trump has tried to establish his bona fides as a “growth” candidate. There are many desirable features of his new plan, but some of the provisions should be junked, and others can’t be properly assessed given a lack of details.
Donald Trump is a competitive person. He likes to have bigger things than other people. He says that he has really big hands. His tax cut was larger than the other GOP candidates. And now he says that his infrastructure plan will be double the size of Hillary Clinton’s.
Tesla Motors recently announced that its latest model, the Tesla 3, will be released at the end of 2017. Almost 400,000 pre-orders have already been placed for the fan favorite that boasts a celebrity clientele including Cameron Diaz, Leonardo DiCaprio, and George Clooney. For $35,000 you, too, can be the proud owner of the environmental solution of the future: a coalpowered automobile, subsidized by Uncle Sam.
The 2015 Medicaid actuarial report came out last week, and with it another entry in the series of upward revisions to how much Medicaid would spend on the adults made newly eligible by the ACA’s Medicaid expansion. In 2015, per enrollee costs for the adults made newly eligible by the ACA’s Medicaid expansion were estimated to be 49 percent higher than the previous projection.
In a Wall Street Journal oped today, Naomi Schaefer Riley discusses federal policies toward American Indians.
Presidential candidate Donald Trump says that he will balance the federal budget while also cutting taxes. Given that the gap between federal spending and revenues is more than $500 billion and rising, he is going to need lots of spending cuts to make that happen.
In his big speech last night Trump said:
A new report from the House Homeland Security Committee lays bare the culture of misconduct that continues to plague the Transportation Security Administration (TSA), finding a surge in complaints and a pervasive lack of accountability at the agency.
The Office of Management and Budget has released new data on the amount of time Americans spend complying with the federal tax code. Tax Foundation summarizes the data here.
Ten years ago, if you walked down the street looking at faces passing by, you could have counted off “young, young, young, young, young, old …”. Fifteen years from now, if you do the same, it’s going to be “young, young, young, old …”.
The U.S. Postal Service (USPS) has lost more than $50 billion since 2007, even though it enjoys legal monopolies over letters, bulk mail, and access to mailboxes. The USPS has a unionized, bureaucratic, and overpaid workforce. And as a government entity, it pays no income or property taxes, allowing it to compete unfairly with private firms in the package and express delivery businesses.
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