Current News

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Over 20 state economies are in or near recession, Moody's finds
Mark Zandi's analysis revealed recession risks are spread among states around the country, with the DC area particularly affected by cuts to the federal government. Read More.
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The Grassroots Corner October 13th, 2025
DAVID WILLIAM GETS SNOOKERED BY THE IRS This week’s Grassroots Corner comes from FAIRtax supporter David William, who clearly prefers the FAIRtax over the current income tax as administered by the IRS. Read More.
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Major health insurers scaling back Medicare Advantage offerings in 2026
CVS Health's Aetna, Humana and UnitedHealth plan to scale back Medicare Advantage offerings in 2026 due to government reimbursement cuts and rising healthcare costs. Read More.
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Private sector lost 32,000 jobs in September, ADP says
The figure reported on Thursday is below economists’ estimates of an increase of 50,000 jobs and also down from the prior month’s revised reading of a loss of 3,000 jobs. Read More.
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The Chairman’s Report October 10th, 2025
The FAIRtax and America’s Youth 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.
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Leavitt: Shutdown Layoffs Are Necessary Because U.S. Is $37 Trillion in Debt
Leavitt said layoffs are necessary amid the Democrat-forced government shutdown because of the U.S. exorbitant debt and absence of money flow. Read More.
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Mortgage rates climb for second straight week
The average rate on the 30-year fixed mortgage rose this week to 6.34%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.3%. Read More.
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The Grassroots Corner October 6th, 2025
MARK SCHAFF PUTS GROK AI TO THE TEST Our FAIRtax Leader in South Carolina, Mark Schaff, put Grok to the test and sent in the results. Read More.
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US economy grew faster than expected in the second quarter
The U.S. economy's GDP grew at a 3.8% rate in the second quarter following the latest revision after the economy recorded a 0.5% contraction in the first quarter. Read More.
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Mortgage rates rise for first time since July
Average rate on the benchmark 30-year fixed mortgage rose to 6.3%, says Freddie Mac... Read More.
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The Chairman’s Report October 3rd, 2025
PEW SURVEY CONFIRMS THAT IRS IS LEAST LIKED FEDERAL AGENCY A recent Pew Research poll confirmed what almost everyone in America knows—the IRS is the least popular of the federal agencies. Read More.
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Breitbart Business Digest: Tariffs Are Reducing Prices and Humiliating Economists
The prices of goods affected by tariffs fell in August, crushing the hopes of everyone at the Cato Institute. Read More.
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National Debt Tracker: American taxpayers (you) are now on the hook for $37,467,893,078,454.54 as of 9/26/25
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.
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The Chairman’s Report September 26th, 2025
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.
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What the Fed’s first rate cut of the year means for your wallet
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.

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