Current News
US household debt hits a new record, NY Fed finds
American household debt reached a record $18.59 trillion in the third quarter of 2025, rising $197 billion, according to the Federal Reserve Bank of New York's latest report. Read More.
President Trump Calls Anti-Tariff People ‘Fools,’ Promises $2,000 Dividends for Americans
President Donald Trump on Sunday made it quite clear how he feels about people who do not agree with tariffs. Read More.
Are you ready for retirement? The Motley Fool's latest research may alarm you
Here's hoping you're not among the 51% who have not built a large enough nest egg for retirement. Read More.
Trump Proposing ‘Game Changing’ 50-Year Mortgage to Tackle Home Prices
The Trump administration is working on a plan to introduce 50-year mortgages for home buyers, the Federal Housing Finance Agency announced. Read More.
The Grassroots Corner November 10th, 2025
WE HAVE A STRATEGIC PLAN
FAIRtax has long needed a working strategic plan, and now we have one! Read More.
Our National Debt and Spending Are up Despite DOGE. Here's Why.
Despite the Trump administration’s focus on cost cutting and the additional revenue coming from tariffs, the deficit is as large as it was a year ago. Read More.
Fed president explains vote against interest rate cut
The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with one saying that he remains concerned about inflation. Read More.
The Chairman’s Report November 7th, 2025
Senator Cotton’s OPT Fair Tax Act
Senator Cotton (R-AR) has introduced his OPT (Optional Practical Training) Fair Tax Act to correct... Read More.
Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?
The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from a pair of Federal Reserve banks suggest the economy grew. Read More.
National Debt Tracker: American taxpayers (you) are now on the hook for $38,040,093,786,521.02 as of 11/3/25
The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down despite the growing criticism of massive levels of government spending. Read More.
The Grassroots Corner November 3rd, 2025
MARK SCHAFF PUTS GROK AI TO THE TEST – FINAL PART THREE
Our FAIRtax Leader in South Carolina, Mark Schaff, put Grok to the test and sent in the results. Read More.
Social Security COLA for 2026 revealed following shutdown-related delay
Annual COLA announcement was delayed by the government shutdown disrupting the monthly CPI inflation report
Read More.
Bessent: 100% Tariff Trump Threatened on China ‘Effectively Off the Table’
Sunday on CBS's "Face the Nation," Treasury Secretary Scott Bessent said following negotiations, the 100% tariff President Trump threatened to impose on China was "effectively off the table." | Clips Read More.
The Chairman’s Report October 31st, 2025
More Lipstick on a Pig--The Fair and Accountable IRS Reviews Bill
Last week there was a lot of fanfare when the House Ways And Means Committee... Read More.
Mortgage rates drop to lowest level in over a year as buyers regain leverage
The average rate on the 30-year fixed mortgage fell this week to 6.19%, according to the latest Freddie Mac data released on Thursday. That is down from last week's reading of 6.27%. Read More.
