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Robert Reich and His Response to the “Big Beautiful Bill”
Robert Reich is an American professor, author, lawyer, and political commentator. He a written a response to Trump's "Big Beautiful Bill" that was recently passed by the Republicans in the House of Representatives.
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Trump Presidential Travel: An Extravagant Spending Spree
In an eye-popping revelation, it appears President Biden spent a staggering $22 million on vacations, travel, and security over a four-year span. But in an unprecedented twist, his successor, President Trump, has managed to equate…
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Fiscal Deficits During Republican and Democrat Presidencies
Fiscal deficits represent a critical aspect of national financial health, reflecting the shortfall when a government's expenditures exceed its revenue. Understanding deficits is essential, as they can influence interest rates, inflation, and overall economic growth.
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Understanding Tariffs: The Presidential Power Debate
The authority to impose tariffs and regulate international trade is grounded in the United States Constitution, specifically within Article I, Section 8. This section explicitly grants Congress the power “to lay and collect Taxes, Duties,…
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Econ 101: The Impact of Tariffs on American Consumers
Tariffs are essentially taxes imposed by a government on imported goods. These duties are designed to make foreign products more expensive compared to domestically produced items, thereby encouraging consumers to purchase local goods.
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Trump’s Irony: Violating His Own Trade Agreement!
If you thought 2020 was a wild ride, wait until you hear about Donald Trump’s antics with tariffs on Canada and Mexico. Yes, the same Trump who proudly signed off on the U.S.-Mexico-Canada Agreement (USMCA)…
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The Billionaire Budget: A Closer Look at the Republican Plan
In an era where finances are continuously scrutinized, it seems entirely predictable that the latest Trump and Republican billionaire budget proposal conspicuously neglects fundamental working-class concerns. Not surprisingly, this document contains no provisions for eliminating…
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Government Shutdowns: Perspective on GOP Control
Government shutdowns are not the everyday occurrences that many of us might think they are. They happen when Congress fails to pass legislation funding the government, leading to a lapse in appropriations.
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The National Debt Under Trump: A Record-Breaking Increase
When it comes to discussing the national debt, Donald Trump's presidency is a significant talking point. Over his four-year term, he managed to add more to the national debt than any other president in American…
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Impacts of Eroding Social Safety Nets and Economic Policies
In the United States, social safety nets play a crucial role in supporting vulnerable populations, serving as essential mechanisms to combat poverty and ensure equitable access to health care and nutrition. The major components of…