Mike & Co., With the President on vacation on Martha’s Vineyard and Members of Congress back in their respective states and districts, the relative silence in Washington was barely broken yesterday when the Federal Reserve released the minutes of its July meeting of the Federal Open Market Committee. The Committee showed divisions over whether to increase interest rates in …
Mike & Co. — Today, HRC and Sen. Tim Kaine released new tax returns, HRC to supplement her previous release of 30 years of returns and Kaine to reveal his tax practices over the past decade. As you know, Trump continues to refuse to release any of his tax returns from the past 40 years, citing an IRS audit as …
Mike & Co., Donald Trump described his economic policy agenda — “Trumponomics” — in his Detroit Economic Club speech on Monday. His remarks, rife with falsehoods, inaccuracies, and deliberate misinterpretations of both policies and facts, are subject to rebuttal by HRC in the same city tomorrow, on a range of points laid out below. Trumponomics, as …
Mike & Co., Trump delivered a speech before the Detroit Economic Club today on the theme of “economic renewal for America,” featuring an overhaul of his published plan for tax reform. An adumbration of previous policy pronouncements and clarity as to his vision of the economy and how to achieve it was widely anticipated. But …
Mike & Co., This Tuesday, Donald Trump announced his intention to seek to improve the state of American infrastructure with an investment of over half a trillion dollars, financed through a bond program. The lack of details stands in contrast with HRC’s highly developed infrastructure agenda, which features an investment of $275 billion, including an infrastructure bank and a …
Infrastructure Report: Donald Doubles Down (Aug. 5) Read More »
Mike & Co., In the wake of the Democratic convention in Philadelphia last week, which earned the campaign a substantial bump in the polls as the general election phase formally begins, the first major economic policy report card — an assessment and comparison of the candidates’ proposals — has been published. Last Friday, Moody’s Analytics released a …
Mike & Co., Last night, Donald Trump accepted the GOP presidential nomination with a lengthy speech largely devoid of economic policy. Beyond paltry mentions of reducing and simplifying taxes for everyone, reducing the cost of excessive regulation, and tearing up every trade deal in sight, Trump presented no clear-cut or comprehensive plan or even a broad …
Mike & Co., In a couple of hours, when Donald Trump takes the stage in Cleveland in a couple of hours to accept the GOP presidential nomination, it’s a good bet he won’t say much about his tax plan. With good reason: he doesn’t have one. Yesterday, Trump’s campaign announced that the candidate is preparing a …
Mike & Co., Yesterday, the 2016 Republican Platform was approved at the RNC in Cleveland. As expected, the document’s language on economic policy reflects positions taken by Donald Trump. Mostly. But the Party surprisingly endorsed a reinstatement of the Glass-Steagall Act of 1933. This is an unforeseen stance, following years of disinterest in Glass-Steagall by the GOP. Below …
GOP Platform Counterprogramming Glass-Steagall (July 19) Read More »
Mike &. Co., Congress adjourned for its annual August recess two weeks earlier than usual because of the convention schedule. Congress’ stalled appropriations process is a rather unwelcome state of fiscal affairs, as both the White House and the Congressional Budget Office released projections on the budget this week, with the latter estimating that long-term …
