As the controversial White House tax plan nears a Congressional vote, Treasury Secretary Steven Mnuchin warns that the stock market may see a significant drop should the plan fail to pass. The economic fallout of a stock market downturn could impact jobs across the U.S.
The fourth round of the North American Free Trade Agreement (NAFTA) negotiations are close to an end, with little progress being made on some of the more aggressive proposals from the U.S. government while the private sector in the U.S. and Congress are increasingly pushing back against a U.S. withdrawal from the landmark free trade (more…)
“Give me your tired, your poor, your huddled masses yearning to breathe free” might welcome those in New York Harbor, but it’s not a refrain that necessarily speaks to the homeless in Salem, Oregon. The city of Salem is hoping to outlaw sitting and laying on city sidewalks from dawn to dusk.
The Treasury Department Has Several High-Ranking Vacancies Of the 18 positions that require Senate confirmation in the Treasury Department, only nine have been filled so far, and only three nominees have been advanced by the Trump administration.
Students and Teachers Rally Against State Budget Cuts Students and faculty members at one of Connecticut’s largest universities are protesting against budget cuts that could put the future of many programs in jeopardy. The University of Connecticut (UConn), says it is facing $300.0 million in budget cuts in the next two years. The budget cuts have (more…)
The streets of St. Louis have erupted in protests over the last week after a judge cleared a white former St. Louis police officer of fatally shooting a black man in 2011. Since last Friday, riot police have arrested hundreds of protesters and seized weapons following reports of damage and vandalism. While Americans take pride (more…)
Standard & Poor’s (S&P) followed through on its threat to cut the state of Pennsylvania’s credit rating. The credit rating agency lowered its rating on Pennsylvania’s debt. With this downgrade, Pennsylvania has slid to the bottom five states rated by S&P.
Americans are virtually evenly split on whether or not they trust the government to handle international problems. A slight majority, 52%, say they trust the federal government to handle foreign problems. This is the first time the figure has been in the majority in five years.
American Government Owes More than Any Other Country in the World Fears of default may have temporarily subsided after President Donald Trump raised the debt ceiling until December, but uncertainty continues to haunt the markets as investors worry about America’s growing debt problem.
More than 420 cases of a deadly outbreak of hepatitis A have been reported since last November in San Diego, California. The dangerous but preventable disease, which is spread through fecal contamination and attacks the liver, has ravaged San Diego’s homeless and illicit-drug-using population, leading to 16 deaths and nearly 300 hospitalizations.