Tracking the Tariffs Over the weekend, President Trump issued new tariffs on Canada, Mexico, and China. Under the order, Canada and Mexico would face 25% tariffs on most goods imported into the U.S., compared to 10% for China. However, the U.S. agreed to pause the Mexico and Canada tariffs for […]
Washington Goes Miami House Republicans and President Donald Trump are travelling to Miami this week for the GOP retreat to discuss how they’ll advance their reconciliation package which aims to cut previous federal spending as an offset to fund the Administration’s immigration, tax, and energy production priorities. The debate of […]
Corporate lobbying doesn’t work. That is the bombshell finding from a recent study, “The Economics of Corporate Lobbying,” from the Journal of Corporate Finance. Obviously, we disagree, but not as stridently as you’d think. The study reviewed the lobbying efforts of 1500 S&P 500 companies and suggests that money spent […]
Welcome to a New Washington President Donald Trump was sworn into office yesterday as the nation’s 47th president, solidifying Republicans’ trifecta of power in the White House, the House of Representatives, and the Senate. The President spent his first day in office signing a slew of executive orders largely repealing […]
The following provides an overview of the budget reconciliation process as well as congressional Republicans’ plans to enact President-elect Trump’s tax and immigration agenda, either through a single reconciliation package or in two separate bills. Budget Reconciliation Process Overview Definition and Purpose: Reconciliation is a specialized legislative process designed to […]
