Articles

The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute. Read More.

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 COSTS OF THE FEDERAL INCOME TAX SYSTEM TO THE ECONOMY The Trump administration continues to examine government agencies seeking ways to improve their efficiency and ensuring that they are doing their stated duties. Read More.

Fed's first rate cut of the year could save credit card users $1.92 billion in interest annually while possibly reducing returns on savings accounts and certificates of deposit. Read More.

The average rate on the 30-year fixed mortgage fell this week to 6.26%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.35%. Read More.

THE WORLDWIDE MINIMUM CORPORATE TAX COMES UNRAVELED Recently, German Chancellor Friedrich Merz urged suspending the minimum corporate tax for large companies, which 140 countries had earlier agreed to. Read More.

Social Security Commissioner Frank Bisignano said raising the Social Security retirement age is "not under consideration." Read More.

Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central bank begins cutting rates after holding them steady all year. Read More.

MEET RANDY HAUCK Editor’s note: Randy Hauck reached out to us from Burke, Virginia, located in Fairfax County and Virginia’s 11th Congressional District. Read More.

The average rate on the 30-year fixed mortgage fell this week to 6.35%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.5%. Read More.

The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision. Read More.

NO ECONOMICS IS NOT TOO COMPLICATED FOR US The D.C. Elites are probably required to read Plato’s Republic to justify their belief that the rest of us lack the capacity for understanding basic economics. Read More.

Social Security beneficiaries may receive an estimated 2.7% cost of living adjustment (COLA) in 2026, which would raise average monthly benefits by $54 based on recent inflation data. Read More.

Inflation isn’t just about higher prices. It is how unwarranted increases in the money supply touches off wealth transfers from those who are less-well off to Read More.

The FAIRtax Experiment- Have no Fear! This week’s Chairman’s Report is written by Jade Walle. A practicing CPA has been on the American For Fair Taxation board of directors. Read More.