Politics and economic decisions have consequences. It is breathtaking to consider how little focus has been shed on the Biden tax proposals and the impact on our savings.

This week, both Virginia Governor Ralph Northam (D) and North Carolina Governor Roy Cooper (D) announced statewide executive orders for their states regarding policy and practice as our nation deals with the novel coronavirus. Each governor made different calls for their states’ schools, with Virginia closing all K-12 schools for the remainder of the year and North Carolina extending its public school closure through May 15. Both states limited gathering sizes and mandated the closure of nonessential retail businesses.

Though a far cry from ending capitalism, as protestors on the streets of Washington, D.C. espoused Monday during their attempt to shut down the city in the name of climate change, Congress is eyeing an expansion of market manipulation by further subsidizing electric vehicles.

Jonathan Gruber's comments about ObamaCare, revealed last year thanks to the efforts of Rich Weinstein, were rare moments of honesty about the 2010 health insurance law. The White House and administration officials, of course, tried to distance themselves from the MIT economist. Yet, in June, it was revealed by the Wall Street Journal that Gruber "worked more closely than previously known with the White House and top federal officials to shape the law."

More Americans paid ObamaCare's individual mandate tax for 2014 than previously estimated, according to a new report from the Internal Revenue Service's National Taxpayer Advocate. In January, the Treasury Department projected that up to 6 million households would be subject to the tax because they did not purchase a government-approved health insurance plan.