PoliticsCommentary
Why Some Programs Should Remain Shuttered When Government Reopens
When Chuck Schumer first took federal office as a member of the House of Representatives in January 1981, the Monthly Statement of the Public Debt… Read More
EconomyNews
Leavitt Slams Amazon for ‘Hostile and Political’ Attack on Tariffs
Amazon’s decision to display a number next to the price of each product on its website that shows how much President Donald Trump’s recent tariffs… Read More
InternationalNews
US Treasury Sanctions Iranian Shipping Magnate
President Donald Trump’s Treasury Department is sanctioning an Iranian national and his corporate network for what Treasury says is the laundering of hundreds of millions… Read More
EconomyNews
How Treasury’s Bessent Went From Soros Employee to One of Trump’s Top Lieutenants
One of the most prominent defenders of the Trump agenda during the president’s second term has been Secretary of the Treasury Scott Bessent. A relative… Read More
Economy News
Recession Fears Loom as Small Business Job Numbers Tank
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Another domino falls for recession as job creation… Read More
EconomyCommentary
Japan’s ‘Carry Trade’: Tokyo Breaks the World
Editor’s note: This is a lightly edited transcript of the accompanying video from professor Peter St. Onge. Did Japan just break the world? The central… Read More
EnergyNews
Biden Admin Suggests Spending $78 Trillion to Achieve Net-Zero Global Carbon Emissions
DAILY CALLER NEWS FOUNDATION—U.S. Treasury Secretary Janet Yellen said during a speech in Belem, Brazil, on Saturday that the price tag for a global transition… Read More
PoliticsNews
EXCLUSIVE: New Cruz Bill Takes Aim at ‘Useless’ Federal Agency
FIRST ON THE DAILY SIGNAL—Sen. Ted Cruz introduced a bill Wednesday aiming to abolish a federal agency that arguably duplicates work that other agencies already… Read More
EconomyNews
Treasury Secretary: US ‘Banking System Is Sound’
Treasury Secretary Janet Yellen said the U.S. “banking system is sound” just days after the collapse of Silicon Valley Bank and Signature Bank. “This week… Read More
IRS Watchdog: Obamacare Personal Data Not Secure
As the federal government continues to implement Obamacare, the IRS is the next federal agency to handle the personal financial and family information of participants…. Read More
“Use It or Lose It” Shows There’s More Room to Cut Spending
As the budget conference committee meets to negotiate U.S. federal spending, lawmakers should not lose sight of the billions in taxpayer money still being wasted… Read More
Tax Revenue Rose Five Times Faster Than Spending Fell in 2013
The monthly Treasury statement of the actual budget figures for 2013 this week shows tax revenue rising five times faster than spending fell in 2013…. Read More
Moody’s on Debt Limit: Calling Obama’s Bluff on Default
A voice of reason emerged today among the doomsday predictions over a U.S. government default if the debt limit is not raised by mid-October. The… Read More
Economy News
Obama Needlessly Scares Seniors: Social Security Checks and the Debt Limit
President Obama is needlessly scaring seniors by suggesting that their Social Security benefit checks may not arrive on time if the U.S. runs out of… Read More
Q&A: What Happens During a Government Shutdown?
Some of the claims being made about what happens to the federal government when there is a funding lapse are almost hysterical – Senator Tom… Read More
61% of Americans Want Spending Cuts Before Debt Limit Is Raised
A clear majority of Americans believes that imposing a firm limit on borrowing with spending cuts is the only chance for Congress to kick its… Read More
Plan to Suspend Debt Limit Means Debt Would Rise to $17.8 Trillion
Treasury Secretary Jack Lew announced a new debt ceiling deadline today, urging congressional lawmakers and the President to come to an agreement concerning the nation’s… Read More
LawNews
D.C. Circuit Signals Doubts on IRS Tax Preparer Regulations
In oral argument today, the D.C. federal appeals court appeared ready to throw cold water on the IRS’s claim to have the authority to regulate… Read More
Next Fed Chairman: Independence Is Paramount
Larry Summers withdrew his name from consideration for the next chairmanship of the Federal Reserve. The office currently occupied by Ben Bernanke wields enormous power… Read More
Inside the Dysfunctional IRS
As bad as the political persecution of conservatives by the IRS is—and it is really bad—if the IRS were to replace half of its workforce… Read More
IRS-Gate: The Potential Criminal Implications
With the announcement by Attorney General Eric Holder of a criminal investigation of the IRS over the agency’s targeting of conservative Tea Party and other… Read More
One of America’s Biggest Exports: Treasury Securities
The Bureau of Economic Analysis (BEA) recently released statistics on U.S. exports for January, but failed to mention of one of the biggest U.S. “exports”—federal… Read More
China Is Not Our Banker
China has fallen behind Japan as the largest foreign holder of U.S. securities. The Department of the Treasury’s new numbers are good only through June… Read More
EconomyNews
The Curious World of Jack Lew, Treasury Secretary Designate
President Obama has nominated White House Chief of Staff Jack Lew to succeed Timothy Geithner as Treasury Secretary. Lew could be in for some tough… Read More
Morning Bell: Don’t Raise Debt Ceiling Without Balancing the Budget
All across America, families are balancing their budgets and even paying off debt. Since the financial panic of 2008, personal debt has fallen as Americans… Read More
Debt Ceiling: Default Not at Issue, Federal Spending Is
President Obama is expected to make his case for a debt ceiling increase at a press conference this morning. The development comes as House Republicans… Read More
Chinese Money Mysteries Solved
The Wall Street Journal this week observed that money is leaving China. It has been doing so off and on since the economic crisis began,… Read More
Another Day, Another Default: Postal Service to Miss $5.6 Billion Payment to Treasury
In August, the U.S. Postal Service (USPS) failed to pay $5.5 billion due to the Treasury Department to fund health benefits for its retirees. This… Read More
Budget Deficits vs. Exports
The federal government recently announced that it is expected to run a budget deficit of more than $1 trillion for the fourth straight year. One… Read More
Fannie and Freddie: The Bailout Continues
U.S. taxpayers were reminded on Friday (and again this morning) that our long national Fannie Mae and Freddie Mac nightmare is far from over. On… Read More
