• Trump Becomes First President in Nearly 20 Years to Ask Congress to Cut Spending This Way

    Trump Becomes First President in Nearly 20 Years to Ask Congress to Cut Spending This Way

    President Donald Trump is asking Congress to approve a $15 billion package of spending cuts, much of which would apply to money that was authorized years ago and never spent. The Heritage Foundation’s Justin Bogie joins us to discuss. Plus: There’s now a Silicon Valley company that will make up rituals for secular people.

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  • Nicaragua's Regime Wants to Go the Direction of Venezuela. Here's How That Can Be Avoided.

    Nicaragua’s Regime Wants to Go the Direction of Venezuela. Here’s How That Can Be Avoided.

    Since April 18, the largest protests in decades have engulfed many parts of the small Central American country of Nicaragua.

    Hundreds of thousands of demonstrators have taken to the streets to demonstrate against their authoritarian government led by former communist revolutionary Daniel Ortega and his handpicked vice president and wife, Rosario Murillo.

    Initially, demonstrators took to the streets to protest an unpopular social security reform. But the government’s brutal repression of the protesters—many of them university students—has spawned a backlash against Ortega’s socialist Sandinista National Liberation Front (FSLN). READ MORE...

  • Venezuela’s Economic Problems Are Caused By Socialism, Not Oil Prices

    Venezuela’s Economic Problems Are Caused By Socialism, Not Oil Prices

    News media have been publishing frequent reports about why Venezuela is doing so badly. Usually they cite falling oil prices. But since September 2017, oil prices have been rising. How much has the Venezuelan economy improved? How much have their oil exports increased? The short answers are, “The economy has gotten worse” and “Oil exports have continued to decline.”

    The BBC weighed in with this screaming headline: “Venezuela’s decline fuelled by plunging oil prices.” CNBC offered this succinct analysis: READ MORE...

  • A Government Loan Program for Auto Manufacturers on Road to Repeal

    A Government Loan Program for Auto Manufacturers on Road to Repeal

    Among programs on the chopping block in the White House’s new plan to cut more than $15 billion in wasteful government spending is the Department of Energy’s loan program for certain automakers. Congress should drop the guillotine and rescind the $4.3 billion remaining in this Advanced Technology Vehicles Manufacturing loan program.

    The Congressional Budget and Impoundment Control Act of 1974 authorizes the president to rescind funding previously enacted into law.

    Established by Congress under the Energy Independence and Security Act of 2007, the Advanced Technology Vehicles Manufacturing program illustrates why the federal government should not finance energy investments. READ MORE...

  • White House Rolls Out Agenda for More Deregulation to Boost Business

    White House Rolls Out Agenda for More Deregulation to Boost Business

    President Donald Trump will continue to target duplicative and ineffective regulations as part of his administration’s “spring agenda,” the White House announced Wednesday.

    Trump’s reform agenda will cut across many areas and top priorities for deregulation include infrastructure development, emerging technologies, and “relief for small business,” a senior White House official said during a conference call coinciding with the announcement.

    The senior official cited Trump’s previous executive order directing all government agencies “to repeal at least two existing regulations for each new regulation issued in [fiscal year] 2017 and thereafter.” In many ways, the official said, the administration’s spring agenda is an extension of that order. READ MORE...

  • Your Next iPhone may be Made in America…Thank Trump!

    Your Next iPhone may be Made in America…Thank Trump!

    Hey! Apple user here! I have a MacBook, an iPhone, an iPad, and eventually I am sure I will break down and buy an iWatch. In other words, I like my devices to be compatible and I like Apple products!

    So you can imagine how excited I am to announce that the next iPhone I own could be made in America! Whooooo! Thanks to President Donald Trump, there are great things on the horizon!

    The US President has said in the past he wants Apple to build more products in the US. And now, in an interview with The Wall Street Journal, he’s claimed that Apple CEO Tim Cook called him and promised to build “three big plants” in the US. The details about what kind of plants are pretty scarce, so we’ve contacted the Cupertino-based company for a comment and will update when we hear back. READ MORE...

  • The Budget Battles to Come

    The Budget Battles to Come

    Don’t look now, but the next big legislative battles of the
    Trump presidency may be just a few weeks away. Republicans must
    pass a budget by April 28 to avoid a partial government shutdown.
    Yet, as was the case during the recent failed effort to repeal and
    replace Obamacare, Democrats are united in opposition while
    Republicans are badly split.

    The looming battle doesn’t concern the 2018 budget that
    President Trump purported to unveil a few weeks ago, which will
    spark a fight of its own down the road. Rather, it concerns budget
    business left over from last year when, unable to pass budget
    bills, a lame-duck Congress kicked the can down the road, passing a
    continuing resolution to fund the government through the end of
    this month. The time on that CR is now almost up, and Republicans
    are planning to offer an omnibus budget bill to fund the government
    for the rest of the year. To further complicate measures, this
    massive omnibus will likely be offered as an amendment to the 2017
    defense-appropriations bill.

  • Don’t replace Fannie and Freddie; End them. Period.

    For every 100 mortgages being sold in the United States these days, at least 95 of them have government backing. We’re told America has a free-market economy? Not judging by the government’s involvement in housing, arguably the most important market there is. Most people can go years without needing health care. A healthy adult can go weeks without food. We cannot go one day without needing shelter.

    The housing market was nearly ruined several years ago, and the government’s involvement is a big reason. A bill moving through the Senate would do away with the main government players—Fannie Mae and Freddie Mac—but it might worsen the market manipulation problems Fannie and Freddie caused. READ MORE...

  • 15 Other Signs The Middle Class Is Dying

    If you make more than $27,520 a year at your job, you are doing better than half the country is. But you don’t have to take my word for it, you can check out the latest wage statistics from the Social Security administration right here. But of course $27,520 a year will not allow you to live “the American Dream” in this day and age. After taxes, that breaks down to a good bit less than $2,000 a month. You can’t realistically pay a mortgage, make a car payment, afford health insurance and provide food, clothing and everything else your family needs for that much money. That is one of the reasons why both parents are working in most families today. In fact, sometimes both parents are working multiple jobs in a desperate attempt to make ends meet. Over the years, the cost of living has risen steadily but our paychecks have not. This has resulted in a steady erosion of the middle class. Once upon a time, most American families could afford a nice home, a couple of cars and a nice vacation every year. When I was growing up, it seemed like almost everyone was middle class. But now “the American Dream” is out of reach for more Americans than ever, and the middle class is dying right in front of our eyes. READ MORE...

  • Report: EPA Rules Will “Necessarily Skyrocket” US Electricity Prices

    U.S. electricity rates are set to rise more than 10 percent by 2020 because of onerous federal environmental regulations on coal-fired power plants, according to an analysis by American Action Forum.

    This means consumers could be forced to pay $150 more each year for electricity due to Obama administration power plant regulations.

    The Environmental Protection Agency’s recently announced carbon dioxide limits for existing power plants claims the rule would “shrink electricity bills roughly 8 percent.” But these supposed savings come in 2030 after electricity prices increase “between 5.9 and 6.5 percent in 2020.” READ MORE...