Tag Archives: Mnuchin

Congress Raises the Debt Ceiling; Raising the Roof



Congress just agreed to raise the debt ceiling which would allow America to keep paying people we owe money. In the same deal they gave themselves a ton of money to spend when they’re creating their next two budgets. Fiscal conservatives are furious about this huge budget increase with the committee for a responsible federal budget calling it the worst budget agreement in our nation’s history. Here’s what happened.


The Trade War Continues; Trump Introduces New Tariffs on $200 Billion of Chinese Goods



In an escalation of the trade war with China, Trump introduced a whole slate of new tariffs. There are some debates over the economics of these tariffs, but here are the basics of what just happened, and what happened the last few times we imposed tariffs in this war.


Tariffs, Made in America; The US/China Trade War Nears a Conclusion



The trade war has been raging for a while, but it might soon end. China has been actively offering resolutions including, most recently, a trillion dollar program focused on buying American exports in order to zero out any trade imbalance. Here are the most recent updates and what is going to happen next.