Current News
National Debt Tracker: American taxpayers (you) are now on the hook for $38,490,798,138,585.90 as of 1/23/26
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.
U.S. Treasury to Host ‘Trump Accounts’ Summit Highlighting Benefits for America’s Children
President Trump's administration is hosting a summit to discuss how the proposed Trump Accounts will financially benefit America's children. Read More.
Breitbart Business Digest: Spending, Jobs, and Cooling Inflation Point to Faster Growth in 2026
The current consensus growth estimate of 2.1 percent for 2026 is almost certainly too low. | Economy Read More.
Trump says he's 'not a huge fan' of 401(k) withdrawal plan for homebuyers' down payments
Trump says he's "not a huge fan" of letting homebuyers tap 401(k) retirement accounts for down payments, citing strong account performance amid market's rise. Read More.
The Grassroots Corner January 26th, 2026
JEFF CARTER, NEVADA TREASURER?
Our FAIRtax Board of Advisors member, Jeff Carter, is about to throw his hat in the ring to become the next Treasurer of the State of Nevada. Read More.
Trump to Unveil Plan Allowing 401(k) Withdrawals for Home Down Payments
President Donald Trump will announce a plan next week allowing Americans to use funds from their 401(k) retirement accounts for home down payments, | Economy Read More.
AI raises average wages by 21% and substantially reduces' wage inequality, researchers find
Artificial intelligence "substantially reduces wage inequality while raising average wages by 21 percent," a new working paper published this week says. Read More.
The Chairman’s Report January 23rd, 2026
The $2 Trillion Mirage: Why an FTT is an Economic Impossibility
As President Trump’s team considers eliminating the federal income and payroll taxes, they will need to find other sources for the $4.6 trillion raised by those taxes.
Read More.
Trump takes aim at prescription drug 'middlemen' with new healthcare plan
President Donald Trump said he plans to eliminate pharmacy benefit manager kickbacks to lower drug prices and insurance premiums for Americans under his new healthcare plan. Read More.
New tax deduction could put more money back in seniors’ pockets this year
Seniors could keep more money with new tax break phasing in for 2025 returns. The extra deduction helps lower- and middle-income retirees facing rising costs. Read More.
The Grassroots Corner January 19th, 2026
THE FAIRTAX: THE EQUALIZER
Today’s Grassroots Corner comes from FAIRtax supporter Ben Mathes, who analyses the FAIRtax effect on America’s trade balance. Read More.
IRS announces start date of 2026 tax filing season: what to know
IRS announces 2026 tax filing season begins Jan. 26, with Free File program starting Jan. 9 for taxpayers earning $84,000 or less, while taxpayers have a April 15 deadline. Read More.
Friendly reminder: Sentiment affects bond markets, too.
As we have noted, sentiment has warmed. There are myriad ways to see this, but one ummm … emerged … in financial coverage this week that we think is worth highlighting. Read More.
The Chairman’s Report January 16th, 2026
What is a national consumption tax? How it differs from income tax.
This is the title of an article that appeared in USA Today on January 4, 2026. Read More.
US economy added 50K jobs in December as unemployment rate declines
The Labor Department released the December jobs report, which showed the U.S. economy added jobs at a modest pace to close out 2025 amid economic uncertainty. Read More.
