by jpitney | Jun 24, 2025 | Economic Policy, Trade
Fed Chair Jerome Powell: Policy changes continue to evolve, and their effects on the economy remain uncertain. The effects of tariffs will depend, among other things, on their ultimate level. Expectations of that level, and thus of the related economic effects,...
by jpitney | Jun 22, 2025 | Bipartisanship, Civility, Courage
Colette Philllips at Commonwealth Beacon: Recently, I attended the John F. Kennedy Library Foundation’s annual dinner, where former Vice President Mike Pence received the Profile in Courage Award. Pence was recognized for his actions on January 6, 2021, when he...
by jpitney | Jun 20, 2025 | Congress, House of Representatives, Israel, Violence
Andrew Solender at Axios: Rep. Max Miller (R-Ohio) said Thursday he contacted the Capitol Police after being “run off the road” by a man displaying a Palestinian flag while he was driving in his congressional district. Why it matters: The alleged incident...
by jpitney | Jun 19, 2025 | Economic Policy, Social Security, Uncategorized
Committee for a Responsible Federal Budget: The Social Security and Medicare Trustees released their annual reports, today, highlighting the precarious financial states of the programs. The Trustees project that both the Social Security retirement trust fund and the...
by jpitney | Jun 18, 2025 | Budget, Debt, Economic Policy
CBO: The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over...
