President Donald Trump signed an order Friday removing 50% tariffs on certain Canadian agricultural and forestry products, providing relief to American businesses as Republicans face growing political pressure over the administration's trade policies. The exemptions take effect October 30, amid rising public opposition to tariffs and concerns about their economic consequences. According to NBC News, the administration eliminated the duties following pressure from Sen. Susan C

The Treasury Department and Internal Revenue Service (IRS) have proposed new regulations implementing provisions of the Working Families Tax Cuts that tighten eligibility requirements for Obamacare subsidies. The changes are intended to strengthen oversight of the Premium Tax Credit and reduce the risk of taxpayer-funded benefits going to individuals who do not qualify. The proposal addresses longstanding concerns about how the federal government verifies eligibility for heal

Large tax-exempt hospital systems receive billions of dollars in tax benefits each year, despite many operating extensive investment portfolios, accumulating substantial assets, and competing directly with taxpaying health care providers. New research from the Tax Foundation raises questions about whether these tax preferences remain justified and identifies several reforms that could generate significant federal revenue. The Center for a Free Economy (CFE) will bring this is

The federal government collected 65% more in tax revenue over the past decade, yet the national debt more than doubled. Washington's spending grew considerably faster than the revenue available to support it, leaving taxpayers with a growing debt burden despite substantial increases in federal tax collections. According to Treasury data compiled by Charlie Bilello of Creative Planning, federal spending increased 92% between September 2016 and September 2026, reaching $7.4 tri

Patients can shop around for the best price on nearly everything they buy, but when it comes to health care, they are often expected to make expensive decisions without knowing what they will pay. New federal regulations from the Centers for Medicare & Medicaid Services (CMS) aim to give patients better access to health care prices and make it easier to compare costs before receiving treatment. The new Transparency in Coverage rules build on requirements established during Pr

Elon Musk plans to distribute SpaceX stock to American children through Trump Accounts, expanding the role of private investment in the new tax-advantaged savings program. The announcement follows a Treasury Department decision allowing direct stock contributions to the accounts, a change that gives business owners and major shareholders a new way to help children accumulate wealth. According to the Washington Examiner, the proposal would distribute shares of SpaceX to childr

A new report from the Office of the Comptroller of the Currency (OCC) found that the nation's nine largest national banks maintained policies that restricted financial services based on political or religious beliefs and lawful business activities. The findings provide new evidence of how debanking became a problem for Americans whose views or businesses fell out of favor with federal regulators. Much of the criticism surrounding debanking has focused on the banks themselves.

Artificial intelligence is emerging as a major driver of American economic growth, attracting billions of dollars in private investment, creating demand for skilled workers, and opening new opportunities for businesses across the economy. While much of the public discussion has focused on the potential for automation to eliminate jobs, recent economic data and employment projections suggest that AI could produce substantial gains in investment, productivity, and employment. T

The Working Families Tax Cuts expanded a federal tax deduction for state and local taxes, but the way Congress structured the benefit has created a financial disadvantage for some married couples. That outcome was a deliberate part of the negotiations, as lawmakers from high-tax states sought to extend the deduction to as many of their constituents as possible. The state and local tax (SALT) deduction allows taxpayers who itemize their federal income tax returns to deduct cer