President Obama signed offshore drilling bans for Arctic and Atlantic areas just before he left office, but President Trump’s new executive order could cancel that. Click the audio player above to hear the full story.
The GDP first estimate for the first quarter is out Friday. President Trump has promised growth of 4 or even 5 percent; his treasury secretary just promised major economic growth in defense of the president’s supply-side tax proposal. But what, realistically, is the first quarter GDP likely to show? Economists are puzzling over a contradiction […]
The auto industry came to Washington today for talks with the Environmental Protection Agency and Department of Transportation. On the table: tweaks to the emissions and mileage requirements currently in place. The White House and automakers want lower standards to be considered. Click the audio player above to hear the full story.
After a flurry of news reports that President Trump was considering pulling out of NAFTA, the North American Free Trade Agreement, he now says he wants to renegotiate the deal. Even fans of NAFTA will admit it’s not perfect, and improving it could involve taking cues from another trade deal Trump bailed out of — […]
Key to President Trump’s tax plans announced today is accelerated economic growth. That’s probably one reason the president took to Twitter this morning to complain about modest growth in 2016. He said trade deficits were to blame. “Trade deficits hurt the economy very badly” he wrote. But economists say that’s not really right. Click the audio […]
President Trump is set to unveil a tax reform agenda today. One of the centerpieces is expected to be his campaign promise to cut the corporate tax rate from 35 percent to 15 percent. But tax cuts and tax reform are two different things. The last real crack the U.S. took at tax reform was […]
