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Wednesday, May 29, 2019

Jonathan Chait: The Congressional Research Service, a kind of in-house think tank for Congress, has a new paper analyzing the effects of the Trump tax cuts. It finds that none of the promised effects have materialized. read more


Wednesday, May 22, 2019

A federal judge in New York City on Wednesday said Deutsche Bank and Capitol One can turn over financial documents related to President Donald Trump and his businesses in response to subpoenas from House Democrats. Judge Edgardo Ramos's ruling came after a hearing at which lawyers for Trump, his three older children, Donald Jr. Eric and Ivanka, and the Trump Organization argued that the subpoenas to the two banks should be quashed. read more


Tuesday, May 14, 2019

As the stock market nosedives amidst President Donald Trump's escalating trade war with China -- to which China has responded in kind -- Arkansas Republican Sen. Tom Cotton has some words of comfort for the farmers watching their financial futures swirl down a MAGA-branded toilet bowl: Hey, at least you aren't a dead in a war! read more


Wednesday, May 08, 2019

The federal deficit in the first seven months of fiscal 2019 jumped 38 percent compared to the same period last year, the nonpartisan Congressional Budget Office (CBO) said Tuesday. read more


Friday, April 26, 2019

A federal court in Michigan says that the state's Republican-controlled legislature unfairly drew some of Michigan's state legislative and U.S. House district lines and that a divided government will have to come up with new boundaries. A panel of three judges said that 27 of 34 challenged districts diluted the weight of people's votes and that every challenged district is unconstitutional. read more


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