Newsletter

  • Number of the Day: $132,900

    The cap on Social Security payroll taxes will rise to $132,900 next year, an increase of 3.5 percent. (Earnings up to that level are subject to the Social Security tax.) The increase will affect...

  • An insurance store advertises Obamacare in San Ysidro, California

    Clarifying the Drop in Obamacare Premiums

    We told you Thursday about the Trump administration’s announcement that average premiums for benchmark Obamacare plans will fall 1.5 percent next year, but analyst Charles Gaba says the story is a...

  • Senator Bernie Sanders (I-VT) speaks during an event to introduce the "Medicare for All Act of 2017\

    Can Democrats Win with Medicare for All?

    Axios’ Caitlin Owens reports that most Democrats running in competitive House races this year “are supporting or at least leaving the door open to some form of ‘Medicare for All,’” — though just what...

  • U.S. officials talk in Rose Garden before President Trump announces trade deal at the White House in Washington

    Kudlow Says the Party's Just Getting Started, but Is the Economy Headed for a Hangover?

    Senior White economic advisor Larry Kudlow touted the Trump economy Friday, telling CNBC that “[w]e're in a hot economic boom. There's no end in sight." As a result, the stock market should “get back...

  • U.S. Treasury Secretary Steven Mnuchin in Washington, U.S., May 23, 2017. REUTERS/Jim Bourg

    Mnuchin Spins a False Claim About Tax Cuts and the Deficit

    The Congressional Budget Office projected last week that the federal government’s fiscal 2018 deficit would total $782 billion. The final numbers will be released by the Treasury Department, but...