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Senate Passes 2018 Budget Paving Way For $1.5 Trillion In Tax Cuts, Sending Yields, Dollar Sharply Higher

Senate Passes 2018 Budget Paving Way For $1.5 Trillion In Tax Cuts, Sending Yields, Dollar Sharply Higher

Senate republicans took a major, if relatively easy, step toward passing Trump's tax plan on Thursday night with the critical passage of a budget blueprint that would protect a $1.5 trillion tax cut from a Democratic filibuster. Senators narrowly voted 51-49 to pass the fiscal year 2018 budget after a several hour-long marathon on the Senate floor. The budget resolution could also pave the way for opening up the Arctic National Wildlife Refuge in Alaska to oil exploration by ensuring that drilling legislation can pass with only Republican votes according to the NYT.

Kentucky Republicans Cave On Pension Reform; Stick It To Taxpayers With "Kick The Can" Approach Instead

Kentucky Republicans Cave On Pension Reform; Stick It To Taxpayers With "Kick The Can" Approach Instead

After months of planning and cogitating over how to address the failing public pension systems in their state, which are somewhere between $40 and $80 billion under water, Governor Matt Bevin and the leaders of the General Assembly’s Republican majorities released their plan earlier today and it appears to be nothing more than the same old "kick the can down the road" approach to "pension reform" that has perpetuated the pension ponzi in this country for decades while doing absolutely nothing to address the actual crisis.

Indiana AG: NFL Players Should Take A Stand... Against Black-On-Black Crime

Indiana AG: NFL Players Should Take A Stand... Against Black-On-Black Crime

Authored by Curtis Hill, Atorney General of Indiana, via The Daily Caller,

The right to protest doesn’t necessarily mean that the protest is right.

While the NFL kneeling saga continues, it is becoming less clear what the kneeling is about.

When it began last season, the kneeling was a protest against alleged police brutality and the incidence of blacks killed by police.

Bernie To Americans: "Sure, You'll All Pay More Taxes... But You'll Get More Free Stuff"

Bernie To Americans: "Sure, You'll All Pay More Taxes... But You'll Get More Free Stuff"

Vermont Sen. Bernie Sanders, the runner-up for the Democratic Party’s nomination for president in 2016, told an audience on CNN Wednesday night that Americans would be happy to pay more in federal income taxes if he could just explain to them it would mean they’ll get more “free” government benefits, including health care, child care and college.

Staggering Chart Shows Your Personal Share Of Your State's Underfunded Pension

Staggering Chart Shows Your Personal Share Of Your State's Underfunded Pension

Back in March we shared the staggering results of a Bankrate survey which found that the average American household couldn't afford to write a measly $500 check in the event of an unexpected emergency (see: "The Reality Is, Half Of Americans Can’t Afford To Write A $500 Check").  Of course, as we note frequently, while the talking heads of daytime financial TV shows love to reference surging economic indicators like unemployment figures, the fact is that the number of Americans not participating in the work force remains near all-time highs and wage growth, despite "full employment" levels,

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