Current News
US job growth cooled in July amid growing economic uncertainty
The Labor Department released its jobs report for July which showed the U.S. economy added 73,000 jobs last month, amid uncertainty around trade and monetary policy. Read More.
In a dissent not seen in three decades, two Fed governors wanted to cut interest rates and here is why
Federal Reserve Governors Bowman and Waller dissented from this week's decision to hold interest rates steady and explained why they would've cut rates by 25-basis-points. Read More.
The Chairman’s Report August 8th, 2025
The FAIRtax or Income Tax- Which is better for U.S. business?
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.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,916,987,311,998.03 as of 8/1/25
The U.S. national debt is climbing at a rapid pace, 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 prices rose again in June
The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation. Read More.
The Grassroots Corner August 4th, 2025
HOSTILE ARGUMENT: IT IS UNFAIR THAT THE FAIRTAX TAXES FOOD, CLOTHING, HOUSING, AND MEDICINE
Today, we continue a series of articles about handling attacks on the FAIRtax. Read More.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,721,531,033,602.97 as of 7/25/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by the White House and Congress. Read More.
State Farm to hike home insurance rates by 27% in this state
Illinois homeowners face a 27% rate hike from State Farm as the insurer cites unsustainable losses. The rate increase is expected to start on Aug. 15. Read More.
The Chairman’s Report August 1st, 2025
SENIORS, TIP RECEIVERS AND OVERTIME RECIPIENTS-- ENJOY THE BENEFITS UNTIL THEY EXPIRE IN 2028
The One Big Beautiful Bill Act (OBBBA), was signed into law by President Donald Trump over the July 4, 2025, weekend. Read More.
Pakistan says trade deal with US could come within days, Trump admin offers no timeline
Pakistani Foreign Minister Ishaq Dar said his country was "very close" to a trade deal with the U.S., but officials in Washington did not mention any timeline. Read More.
SEN RAND PAUL: There are $186 billion reasons why we must audit the Fed
The Federal Reserve's unchecked power and secretive operations have led to billions in payments to banks while operating at a loss. We need more oversight. Read More.
The Chairman’s Report July 25th, 2025
FAIRtax and border security
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.
Donald Trump Signs Major Crypto Legislation ‘GENIUS Act’ into Law
President Donald Trump on Friday signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, a substantial crypto-based legislation that sets a light-touch regulatory framework on stablecoin issuance. Read More.
Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks. Read More.
The Grassroots Corner July 28th, 2025
ARE LOCAL GOVERNMENTS FORECASTERS OF HOW THE FAIRTAX WOULD WORK ON FOR-PROFIT CORPORATIONS?
Are local governments forecasters of how for-profit corporations would behave if we had the FAIRtax? Consider this fact. Read More.
