Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office.
Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least adjusted for inflation.
Despite all the discussion of spending cuts under the new unified GOP control in Washington, two words that President Trump did not utter even
As they gather this week at President Donald Trump's Miami resort, House Republicans face a host of tough decisions.
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the ri
Concerns about inflation have been pegged as a major catalyst for big swings in longer Treasury yields in recent months. The 10-year Treasury yield hit a peak of 4.8% recently, but has since eased back to about 4.
Surging long-term interest rates and stubborn inflation are inflaming divisions among congressional Republicans over paying for the sweeping tax cuts Donald Trump promised, complicating the path to passage with the party’s already tenuous majority.
New York Republican leaders hope Donald Trump’s second term boosts their chances in the 2026 gubernatorial race. GOP chair Ed Cox believes Trump’s focus on border security, tax reform, and inflation could build momentum, especially if he delivers on promises like lifting the SALT cap and opposing congestion pricing.
Two months ago, in his first network television interview after the election, Donald Trump said he owed his victory to Americans’ anger over immigration and inflation, specifically the rising cost of groceries.
Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices. The Republican’s comments reflect the reality that presidents have almost no levers to reduce inflation quickly without causing collateral damage to other parts of the economy.
Changes could reduce liability insurance costs for businesses and commercial property owners. The evidence is mixed on whether it would drive large premium reductions for car and other types of insurance. And some researchers say efforts limiting lawsuits, often called tort reform, fattens insurers’ profits more than it cuts the price of policies.