Financial News

Trump Nominates Fierce Obamacare Critic for HHS Secretary

President-elect Donald Trump made Republicans very happy on Monday when he named Rep. Tom Price as his nominee for Secretary of Health and Human Services. Critics and supporters alike see the choice as a clear signal from Trump that he’s serious about repealing and replacing Obamacare. Price has made a name for himself as one of the Affordable Care Act’s ...

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Trump’s Election Sends Economic Confidence Soaring

According to the latest edition of Gallup’s Economic Confidence Index, Americans have much more optimism about the future of the economy than they did before Donald Trump was elected president. For the first time since March 2015, the Index has turned positive, soaring from a (-10) evaluation to a (+3) virtually overnight. According to Gallup, the turnaround is almost entirely ...

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Clinton’s Paid Speeches Released by WikiLeaks

On Friday, WikiLeaks published thousands of hacked emails from inside the world of Hillary Clinton, exposing excerpts from the paid Wall Street speeches she guarded so carefully during the Democratic primaries. In a statement, Republican National Committee Chairman Reince Priebus said, “It’s not hard to see why she fought so hard to keep her transcripts of speeches to Wall Street ...

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Trump’s Taxes: A Liberal Illusion to Fool the Ignorant

Your accountant comes to you and tells you he knows of a legal tax strategy you can use to keep millions of dollars that would have otherwise gone to the IRS. Not a cheat. Not a “loophole.” Not fraud. A completely legal way to minimize your tax burden. Would you say no? Would you say, “Oh, well, I feel it’s ...

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Harry Reid Blasts Trump as “Human Leech”

For several years, polls have said that Americans blame one thing above all else for the stagnant state of the economy: Washington gridlock. Whether that’s an accurate assessment of the problem or a reflection of the media’s portrayal of Republicans as obstructionists is up for you to decide. But if you think that America’s ills can be traced back to ...

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NIH Grants $1 Million to Study Lesbian Alcoholics

In his last State of the Union address, President Obama announced that he was making Joe Biden’s “cancer moonshot” a national priority, putting the American research community on an accelerated path to a cure. Critics have said such a moonshot is outdated and misguided – that cancer is a collection of many different diseases and that any talk of a ...

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D.C. Minimum Wage Hikes Costing Thousands of Jobs

According to data analyzed by the American Enterprise Institute, Washington, D.C.’s recent minimum wage hikes have cost the city more than 1,400 restaurant jobs since the beginning of the year. Those hikes, which boosted the wage floor to $10.50 in 2015 and then up to $11.50 last month, have contributed to a 3 percent job loss in the dining industry. ...

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Trump’s Conservative Economic Vision for America

For any fiscal conservatives still sitting the fence, Donald Trump’s speech on the economy Monday should go a long way towards settling their fears. Speaking at the Detroit Economic Club, Trump laid out a conservative economic vision for the country that essentially matches traditional Republican orthodoxy. While the specifics of his economic plan will be published on his website over ...

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Will California Open Obamacare to Illegal Immigrants?

If Governor Jerry Brown signs a new bill passed by the state legislature, California could become the first state in the nation to allow illegal immigrants to buy health insurance through the Affordable Care Act. Sponsored by Democrat State Senator Ricardo Lara, the bill would open up the state’s Covered California exchange to residents who are not American citizens. “We ...

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The Planned Failure of Obamacare

If you didn’t already suspect that President Obama’s Affordable Care Act was just a stepping stone towards socialized medicine, a recent analysis from the New York Times indicates that we’re moving into the “it’s not working” phase of the program. After defending Obama’s plan for years, our media masters are starting to feel comfortable pointing out what conservatives have been ...

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