President Donald Trump leaves today on an 11-day trip to Asia, by way of Hawaii. It will be his longest foreign trip as president and the longest visit to the region by any U.S. president in 25 years. The schedule includes stops in five countries and two international summits. Other Pacific leaders will get a […]

The true impact of the Republican tax proposal on the middle class can’t really be measured just yet. We do know it would create a new “family credit” and expand the child tax credit used by working families. On the other hand, the personal exemption taxpayers can now claim for themselves and each of their […]

The GOP tax bill as written gets rid of deductions for state and local income taxes and would cap state and local property tax deductions at $10,000. It would also limit the mortgage interest deduction by capping it at $500,000 for future home purchases. These provisions will have a bigger impact in some parts of […]

After months of big promise and bullet-pointed lists, the GOP is out with a tax bill today. It is a long way from final. Democrats, business groups and others are already pushing back hard against elements of the plan. Among the changes the GOP is touting loudest and seems most committed to is a plan […]

President Trump is expected to announce who he’s nominating for chair of the Federal Reserve tomorrow. Current Chair Janet Yellen’s term ends in February.  One thing will stay the same after Yellen leaves: the Fed’s dual mandate of balancing inflation and unemployment. Click the audio player above to hear the full story.