Nobody can complain about that, right?” Trump said. “The debt of these disabled veterans will be entirely erased. It will be gone. They can sleep well tonight.” Trump said the memo will apply to more than 25,000 veterans who are “completely and permanently” disabled. Federal taxes will not be applied to the forgiven debt, he […]
Category: Executive
Medicare And Social Security To Be Hurt By Trump Pay Roll Tax Cuts?
People pay payroll taxes in order to finance Social Security and Medicare. Former President Obama had enacted a temporary payroll tax cut during his presidency in an effort to boost the economy. Cutting those taxes could temporarily help the middle class, but could also increase the deficit and possibly hurt the social safety net programs […]
Looming Recession Has Trump Worried About 2020
President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation’s strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won’t look so good come Election Day. The financial markets signaled the […]
Trump Weakens Protections For Endangered Species To Help Big Business
The Trump administration announced changes to how the government handles endangered species on Monday, a move that advocates say could make it more difficult to protect species that are threatened by human activity and climate change. The newly finalized rules would change the requirements for how the government decides to add or remove species from […]
Trump Calls For Strong Background Checks
After a weekend that left at least 29 people dead and dozens injured in two separate mass shooting events, President Trump is calling on lawmakers in Congress to reconsider background check legislation as a first step to addressing the nation’s gun crisis. He also appeared to lay some of the blame at the hands of […]
Lawyer For Trump’s Porn Star Mistress Considering 2020 Run
Michael Avenatti is reportedly considering a White House bid after declaring that he would not join the slate of Democratic candidates running for president in 2020. CNBC reported Saturday that Avenatti said the odds of entering the race are 50/50 and that he plans on making a final decision in a few months. “Never say […]
Trump Considering A Terrorist Designation For Antifa
President Trump declared Saturday he is considering labeling the militant anti-fascist movement antifa a terrorist organization. “Consideration is being given to declaring ANTIFA, the gutless Radical Left Wack Jobs who go around hitting (only non-fighters) people over the heads with baseball bats, a major Organization of Terror (along with MS-13 & others),” Trump tweeted Saturday. […]
US, China To Resume Trade Talks Next Week
Top Trump administration officials will travel to China next week for the first high-level, in-person trade negotiating session since talks collapsed in May. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Shanghai on July 30 to meet with Chinese Vice Premier Liu He. White House press secretary Stephanie Grisham said […]
Trump Hides Behind Clinton Conspiracies As Mueller Testimony Looms
President Trump trashed the upcoming blockbuster Robert Mueller hearing Monday as “another bite of the apple” by impeachment-happy Democrats. The POTUS called the special counsel “highly conflicted” and said the hearing set for Wednesday would “be bad for him and the phony Democrats.” In a possible preview of Republican efforts to divert attention from Trump’s […]
US Budget Deficit Jumps 23% In Last 9 Months
The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion as government revenues and spending both hit records. The Treasury Department reported Thursday that the deficit for the current fiscal year through June is up 23.1% over the same period a year ago with receipts […]
Trump Drops Citizenship Question From 2020 Census
President Trump said Thursday he is dropping his administration’s effort to add a citizenship question to the 2020 census, a reversal that comes days after he demanded his team push forward after the Supreme Court blocked the move. Trump said that he would instead issue an executive order requiring federal agencies to provide the Commerce […]