Trump Has No Interest in the American People

Trump’s big fail: Making America the 1980s again

Tax cuts for the rich, program cuts for low-income Americans, Star Wars 2.o, and allying with white South Africans.

Trump has no interest in the American people

Only the most arrogantly incompetent Congress in my lifetime could pass a tax bill that simultaneously punishes low-and modest-income Americans (including most Montanans) and tanks the U.S. stock market.

Trump’s Tax Bill Adds to US Bond Market’s Woes

After the tariff scare, Treasury yields are on the rise as investors focus on the worsening fiscal outlook.

The Republican-controlled U.S. House of Representatives approved Thursday by a single vote an ambitious tax and spending bill that would boost much of President Donald Trump’s political agenda and burden the country with a billion dollar debt. The bill would fulfill many of the Trump campaign’s populist promises, offering new tax exemptions to auto tips and loans, and driving spending on the army and border surveillance. “This is possibly the mo…

Markets Now Under Pressure as Economic Uncertainty Grows

So says President Trump. The bill passed the House of Representatives, barely 215/214, thanks to a couple of rogue Republicans. The Senate is next. Temporary tax cuts? The 2017 tax cuts now permanent. New tax cuts? Estimated at up to $1.5 trillion. They mainly benefit the wealthy, but will add more to the deficit. A sleight of hand says they will expire in 2028. Don’t bet on it. There is an increase in deductions of state and local taxes and tem…

Trump’s Tax and Spending Bill To Hit Stocks, Bonds

Just as Congress is trying to push through its latest tax plan, Moody’s has downgraded U.S. debt.