Politics

In a politicking spectacle reminiscent of high-stakes poker, President Donald Trump’s “big beautiful bill” has narrowly squeezed through the House of Representatives, sent forth by Republican leaders who managed to turn dissent into reluctant support. While many trumpet this passage as a victory for Trump’s agenda, I find myself skeptical of the underlying implications. This

In 2025, state and local pension funds found themselves teetering on a precipice, with losses mounting to nearly a quarter of a trillion dollars—a staggering figure that should send shivers down the spine of policymakers and taxpayers alike. The reason? The intertwining of public equities and trade policies, particularly following the Trump administration’s controversial tariff

The financial landscape of Washington, D.C., is teetering on the edge of a precipice, largely due to the recent legislative developments in Congress. The continuing resolution (CR) that passed through the House is a glaring signal of trouble, placing a shadow over the District’s fiscal stability. Missing from this vital CR is the language that

For decades, tax-exempt municipal bonds have served as the linchpin of infrastructure financing in the United States. The primary allure of these bonds lies in their promise: local and state governments can raise capital for essential projects without passing exorbitant costs onto citizens. However, as Congress deliberates on tax reforms, the very foundation that supports

As the U.S. House of Representatives prepares to deliberate the fiscal 2025 budget resolution, we find ourselves at a critical juncture that could set the tone for years to come. This resolution, having sailed through the Senate under the cover of night, is being met with resistance by conservative lawmakers who are far from pleased.

The economic landscape is changing rapidly under the Trump administration, marked by controversial policies on tariffs, immigration, and government spending. Jerome Powell, the chair of the Federal Reserve, acknowledges the uncertainty surrounding these changes but emphasizes the need for careful observation before making significant monetary policy adjustments. As these new policies take root, they inevitably

The trumpeting of tariffs as a savior for American manufacturing jobs has echoed through the corridors of power, resonating with a base eager for change. Yet, the notable lack of comprehensive analysis surrounding this contentious economic strategy reveals a nuanced relationship between tariffs and the broader economic landscape. While President Trump’s administration enforces a sweeping

In the realm of politics, it often seems that victories are relished too soon, only to be tainted by the sobering reality lurking just beneath the surface. Take, for instance, the recent budget approvals celebrated by the Washington state legislature. On the surface, two versions of an operating budget seemed like a feat worth cheering.

In the intricate web of American fiscal policy, tax-exempt municipal bonds have been a cornerstone for funding infrastructure and facilitating local economic growth. As we approach pivotal legislative discussions, the call from Nebraska Representative Don Bacon underscores a vital truth: these bonds are not just financial instruments—they are lifelines for cities and communities across the

In a political climate where fiscal austerity is often touted as a panacea, the recent suggestion to eliminate tax exemptions for municipal bonds presents a disappointing, yet predictable setback for American families. Advocates against this change have raised vital concerns, warning that such a move could impose a crushing burden on utility rates while simultaneously