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Last Thursday, congressional Republicans unveiled their tax reform legislation. On the same day, President Trump nominated current Federal Reserve Board Governor Jerome Powell to succeed Janet Yellen as Federal Reserve chair. While the tax plan dominated the headlines, the Powell appointment will have much greater long-term impact. Federal Reserve policies affect every aspect of the... Read More
By ruling for the government in the case of King v. Burwell, the Supreme Court once again tied itself into rhetorical and logical knots to defend Obamacare. In King, the court disregarded Obamacare’s clear language regarding eligibility for federal health care subsides, on the grounds that enforcing the statute as written would cause havoc in... Read More
Did the election last week really mean that much? I took to my Twitter account on Tuesday to point out that the change in control of the Senate from Democrat to Republican actually means very little, despite efforts by politicians and the mainstream media to convince us otherwise. Yes, power shifted, I wrote. But the... Read More