President Trump’s proposal to suspend the federal gas tax comes at a politically obvious moment. Gas prices have surged amid the Iran war, the Strait of Hormuz remains under Iranian pressure, and ordinary Americans are getting clobbered at the pump. Trump floated the idea after prices rose past $4.50 per gallon, while the federal gas…
Opening the Retirement Investment Floodgates
President Trump’s executive order on retirement benefits is a meaningful shift in how Americans might be allowed to invest their long-term savings. At its core, the order aims to expand the universe of investment options available within retirement accounts, especially those tied to employer-sponsored plans. Traditionally, these plans have been limited to relatively straightforward, regulated…
Budget Airlines and Big Government: The Spirit Bailout Debate
The Trump administration’s consideration of a bailout for Spirit Airlines is one of those rare political moments where everyone gets a little uncomfortable at the same time, but for very different reasons. On paper, it looks like a straightforward economic rescue: a struggling airline, mounting financial pressure, and a government weighing whether to step in…
Trump’s Credit Card Rate Cap Gambit Is Politics First, Policy Last
President Trump’s call to impose a temporary cap on credit card interest rates has unsettled his own party. The proposal—framed as a one-year, 10% ceiling on APRs beginning in early 2026—has been marketed as decisive relief for consumers drowning under historically high interest rates. Yet beneath its populist appeal lies a familiar pattern: bold proclamation…
Trump, the Fed, and the Battle Over Independence
On Monday, President Trump announced—through a Truth Social post, of course—that he’s firing Federal Reserve Governor Lisa Cook. The reason? Allegations of mortgage fraud. The claim is that back in 2021, Cook listed two separate properties as her “primary residence” in order to secure more favorable loan terms. If true, that’s a big problem, because…
Clawing Back the Chaos: An Analysis of Trump’s Rescissions Bill
The Senate recently voted to advance the Rescissions Act of 2025, a bill that would repeal approximately $9 billion in previously approved federal spending. The legislation has been championed by President Trump and supported by many Republican lawmakers. The bill proposes to rescind about $8.3 billion in foreign aid, focusing on discretionary funds administered by…
Raising the Roof or Digging a Hole? A Look at the OBBBA Debt Limit Hike
Tucked inside the sprawling One Big Beautiful Bill Act (OBBBA) is a hefty clause that raises the federal debt ceiling by a whopping $4 trillion. In plain English, this means the U.S. Treasury gets permission to borrow up to that higher limit so it can keep paying the bills Congress has already racked up, things…
A Look at the $1,000 Baby Bonus in the OBBBA
Let’s take a closer look at a provision in the OBBBA that promises a $1,000 federal contribution for every child born between January 1, 2024, and December 31, 2028. Yep, you heard that right: every baby born during that five-year stretch gets what’s being dubbed a “MAGA account,” kickstarted with a cool grand courtesy of…
A Senior Tax Break That Gets It Half-Right
There’s a saying in Scripture: “With the ancient is wisdom; and in length of days understanding” (Job 12:12). Our elders are a treasure trove of experience, faith, and fortitude. They’ve worked, fought, and sacrificed for this country. So, when our lawmakers propose a tax provision that acknowledges their worth, it’s worth paying attention. Enter the…
Made in America, Driven with Deduction: A Closer Look at Tax Relief for U.S. Car Buyers
When the One Big Beautiful Bill Act (OBBBA) rolled through the halls of Congress like a shiny new pickup on Main Street, it came loaded with goodies aimed at revving up the American economy. One of the standout features? A provision that makes interest on car loans for American-made vehicles tax-deductible—up to $10,000 a year.…
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