Hillary Clinton and Donald Trump don’t agree on much of anything, but there is one area where they have a meeting of the minds: they both want to spend way more on public works programs. Hillary Clinton says that her primary jobs stimulus will be a massive $275 billion-plus infrastructure spending binge.
Donald Trump one-upped Hillary last week promising to spend twice that amount. He says the money is necessary because of crumbling roads and “bridges that are falling down.”
This week the Democrats officially coronate the battered Hillary Clinton as the torch bearer for the party. She has slouched to the finish line. She is tired and the country is tired of her. Sorry, Democrats, no do-overs. You’re stuck with her.
The worst-kept secret in Washington, D.C. is that Congress will once again fail to do its most basic constitutional job and pass legislation to fund the federal government beyond the end of the current fiscal year on September 30.
Liberal attorneys general from 17 states have put a big red bullseye on the chest of big oil. Their bizarre claim is that for years energy companies fraudulently covered up their knowledge that greenhouse gases from fossil fuels cause catastrophic climate change. The most recent chapter of this witch hunt is a remarkable subpoena filed by Massachusetts Attorney General Maura Healey, which would require ExxonMobil to turn over 40 years of internal company documents. It also demands that ExxonMobil produce all its internal communication with conservative leaning think tanks.
Every president since Richard Nixon has promised to make America energy independent, but we still import 9 million barrels of oil a day with much of it coming from the Middle East and OPEC. Now for the first time in a half century — thanks to the shale oil and gas revolution — the dream of American energy independence is not just a pipe dream but easily achievable if the next president takes the right steps to make it happen.
The tax reform plan released on Thursday by House Ways and Means Committee chairman Kevin Brady and with the blessing of Speaker Paul Ryan, is a thing of economic beauty. It cuts tax rates across the board, eliminates the death tax and the alternative minimum tax, makes the U.S. Corporate tax system competitive and does all this without raising the deficit. Well done.
In the wake of the miserable May jobs report and the even more miserable first-quarter GDP numbers, Hillary Clinton revealed her long-awaited agenda to fix the economy: Raise the minimum wage; hike taxes on the rich; and spend a quarter-trillion dollars more on public works. Clinton is calling for “the biggest infrastructure investment since Dwight Eisenhower's interstate highway system."