Politics

In an era where the global economy is both intertwined and fragile, the imposition of new tariffs poses a dire threat to small businesses across America. Federal Reserve Governor Michael Barr recently emphasized the potentially colossal impact that these tariffs could have, especially on small enterprises that are cornered by their limited options. Barr’s assertions

In a significant move that sent shockwaves through both the financial community and the political landscape, Moody’s Ratings downgraded Maryland’s general obligation ratings from an esteemed triple-A to a mere Aa1. This marks an end to a nearly 45-year streak of perfect ratings, a feather in the cap that many had thought would remain unscathed.

Newark Liberty International Airport epitomizes the maladies afflicting America’s critical infrastructure. Once a front-runner in global aviation, the airport now stands as a testament to decades of governmental neglect and infrastructural decay. Secretary of Transportation Sean Duffy’s alarming remarks underline a troubling reality: our air traffic control systems, like the airline industry itself, are experiencing

In an era of economic uncertainty, the recently proposed tax plan by the House Ways and Means Committee is ringing alarm bells, especially for middle-class Americans. The draft, which was leaked late last week, aims to extend the provisions of the 2017 Tax Cuts and Jobs Act but paints a troubling picture. With a staggering

The recent advancements in the budget reconciliation process have illuminated an intriguing transformation in the public power sector, particularly through the Elective Pay system born out of the Inflation Reduction Act (IRA). This innovative approach allows public power companies to convert tax credits into cash payments, which is slated to redefine the financial landscape for

In the ongoing discussions surrounding the state and local tax (SALT) deduction cap, Rep. Nick LaLota from New York has emerged as a vocal advocate for raising this limit, a stance that resonates not just with fairness but also with a calculated understanding of the political landscape. The SALT deduction, capped at $10,000 since the

The Federal Open Market Committee’s decision to maintain interest rates between 4.25% and 4.5% reflects a precarious balancing act in the face of rising uncertainty in the economic landscape. While signs such as solid consumer spending and labor market resilience might suggest a more stable economy, underlying threats of inflation and potential increases in unemployment

The U.S. Department of Transportation (DOT) is embarking on a groundbreaking shift in its funding strategies, signaling an end to the stringent diversity, equity, and inclusion (DEI) requirements that have, for too long, muddied the waters of infrastructure projects. U.S. Transportation Secretary Sean P. Duffy has made a bold proclamation—”America is building again”—reflecting a newfound

In a dazzling whirlwind of political maneuvering, the New York state budget has just pushed the Metropolitan Transportation Authority (MTA) into a new era, courtesy of Governor Kathy Hochul’s latest financial intervention. With an injection of $31 billion intended to fill a gaping hole in the MTA’s capital plan, optimism wafts through the ranks, especially

President Trump’s latest budget proposal has sent shockwaves through the aviation industry, suggesting a staggering $163 billion in cuts for the upcoming fiscal year. While a more streamlined budget could be seen as prudent fiscal management, the implications for air travel safety and infrastructure are dire. Congress, especially the House Transportation and Infrastructure Committee, has