Articles
Mortgage rates fall to 10-month low
The average rate on the 30-year fixed mortgage fell this week to 6.56%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.58%. Read More.
National Debt Tracker: American taxpayers (you) are now on the hook for $37,310,153,970,210.76 as of 8/29/25
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress. Read More.
Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Commerce Department released the July PCE inflation report which showed the growth of consumer prices remained elevated as the Federal Reserve considers an interest rate cut. Read More.
Trump imposes additional 25% tariffs on India tied to Russian oil purchases
Indian officials warn US orders could fall 20-30% as new duties make shipments unviable
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The Chairman’s Report August 29th, 2025
Labor Day: Celebrating the Contributions of Workers
Monday, September 1st, is Labor Day, a federal holiday.
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Canada lifts tariffs on some US goods to resume trade talks
Canada will remove retaliatory tariffs on USMCA-compliant U.S. goods in an effort to restart trade talks with President Donald Trump's administration. Read More.
Fed minutes show tariff inflation fears outweighed jobs market in July rate decision
Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged. Read More.
The Grassroots Corner September 1st, 2025
THIRTEEN REASONS THE TAX SYSTEM MIGHT NOT BE AS FAIR AS YOU THINK – AND HOW THE FAIRTAX MAKES IT BETTER
Your friends who support the graduated income tax system are probably under the mistaken impression that in order to be fair, a tax system must be complicated. Read More.
European, Asian postal services to halt shipments to US after end of de minimis tariff exemption
Postal services across Europe and Asia have paused U.S. deliveries ahead of new Trump administration tariff rules taking effect next Friday, Aug. 29. Read More.
National Debt Tracker: American taxpayers (you) are now on the hook for $37,232,288,662,023.91 as of 8/22/25
The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress. Read More.
The Grassroots Corner August 25th, 2025
DAVID MORELLI BRINGS THE FAIRTAX TO ARKANSAS
We introduced our then-new Arkansas State Leader, David Morelli, three years ago. Read More.
US debt tops $37 trillion and the 'big, beautiful bill' allows it rise trillions higher
The One Big Beautiful Bill Act raised the debt limit by $5 trillion, causing concern among fiscal experts as it's projected to add over $3.4 trillion to the national debt over 10 years. Read More.
Mortgage rates fall to lowest level of 2025
The average rate on the 30-year fixed mortgage fell this week to 6.58%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.63%. Read More.
The Chairman’s Report August 22nd, 2025
Misrepresenting Adam Smith
Misrepresenting Adam Smith is the name of a Substack article written by Dr. David Friedman. Dr. Friedman’s impressive resume is contained at his web page.
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Social Security's estimated 2026 cost-of-living adjustment rises amid inflation uptick
The projection for Social Security's 2026 cost-of-living adjustment rose to 2.7% as inflation trends higher, as the program faces insolvency challenges in less than a decade. Read More.
