Quantcast

President Trump and VP Mike Pence Meet With Republican Study Committee on Healthcare…

The White House has been in 24/7 negotiations with Republican leadership and committee members in the House of Representatives over the healthcare bill.  Those negotiations continued throughout the night with members and key staff.
Modifications to the Price/Ryan Healthcare bill have been made with the input from multiple concerned House Republicans.  Earlier today they held a brief presser in the oval office to discuss their support.  Previous opposition now supporting the modified bill.


(more…)

Mick Mulvaney Segment During WH Press Briefing – Questions from Media…

OMB Director Mick Mulvaney attends the daily White House press briefing and fields questions about the President Trump ‘America-First’ budget.
Director Mulvaney does an exceptional job explaining the larger budgetary issues, priorities and squashing some of the more ridiculous media narratives du jour.


.
Regarding the non-discretionary side.  I would remind all:

Trump Economics – […] As the wage rate increases, and as the economy expands, the governmental dependency model is reshaped and simultaneously receipts to the U.S. treasury improve.
More money into the U.S Treasury and less dependence on welfare programs has a combined exponential impact. You gain a dollar, and have no need to spend a dollar. That is how the SSI and safety net programs are saved under President Trump.
When you elevate your economic thinking you begin to see that all of the “entitlements” or expenditures become more affordable with an economy that is fully functional.
As the GDP of the U.S. expands, so too does our ability to meet the growing need of the retiring U.S. worker. We stop thinking about how to best divide a limited economic pie, and begin thinking about how many more economic pies we can create. (link)

(more…)

Perspectives on President Trump's 2018 Budget Proposal…

The modern fight for fiscal responsibility has been going on for over two decades.  However, after George W. Bush began spending us into oblivion the urgency increased rapidly; culminating in the uprising in 2008/2009 known as the Tea Party.
The past decade brought us: Bank-Bailouts(TARP,) Auto-Bailouts, Stimulus (ARRA) spending, Omnibus spending, Porkulous bills, Debt Ceiling increases, Continuing Resolutions, the FED buying debt (QE1, QE2), and beyond.

Finally, frustratingly, exhaustively… we arrive in 2017 and for the first time in modern presidential history we have a president proposing to curb the size, scope, scale and cost of government.
The Washington DC UniParty will fight back hard against any curtailment, so here’s some perspective for the upcoming battle:

  • The last federal budget was signed into law in September 2007, for fiscal year 2008, by George W. Bush.
  • It has been over a decade since the Federal Government operated with a budgetary law guiding spending.
  • Because of the two previous points – Over two-thirds of Republican representatives, and over 50% of all reps in the House and Senate, have never held office during a year with a federal budget.
  • Let that sink in.

Here’s the top-line overview of President Trump’s budget proposal by department: (more…)

Senator Dan Coats Accepts His Presidential Commission as Director of National Intelligence…

The Office of the Director of National Intelligence (ODNI) was created as an outcome of the 911 Commission Report to work as a hub of intelligence sharing amid all of the intelligence agencies.  The primary function of the Director of National Intelligence (DNI) is to ensure all agencies are working with the same information.
After a senate confirmation vote yesterday (85-12), today Senator Dan Coats accepted his commission; and with the swearing in by Vice-President Mike Pence, becomes President Trump’s Director of National Intelligence.


(more…)

President Trump Delivers His Fiscal Year 2018 Budget Outline – (Full pdf included)…

AMERICA FIRST

Beginning a New Chapter of American Greatness

A MESSAGE TO THE CONGRESS OF THE UNITED STATES: The American people elected me to fight for their priorities in Washington, D.C. and deliver on my promise to protect our Nation.
I fully intend to keep that promise.
One of the most important ways the Federal Government sets priorities is through the Budget of the United States. Accordingly, I submit to the Congress this Budget Blueprint to reprioritize Federal spending so that it advances the safety and security of the American people.
Our aim is to meet the simple, but crucial demand of our citizens—a Government that puts the needs of its own people first.
When we do that, we will set free the dreams of every American, and we will begin a new chapter of American greatness. A budget that puts America first must make the safety of our people its number one priority— because without safety, there can be no prosperity.
That is why I have instructed my Budget Director, Mick Mulvaney, to craft a budget that emphasizes national security and public safety. That work is reflected in this Budget Blueprint. (more…)

Secretary Rex Tillerson Statement and Press Conference In Japan with Minister Fumio Kashida….

Secretary of State Rex Tillerson met with Japan Minister for Foreign Affairs, Fumio Kishida, at the Ikura Guest House in Tokyo, Japan. The visit included a joint press conference. The first video below is edited down to present Secretary Tillerson’s statement as well as his answers to a few questions.
With all the challenges facing Asia: North Korea missile tests, China expansion into the S-China Sea etc., the ugly American press corps never fails to deliver the reality of their self-absorption. [04:35] The extremely predictable journalists within the State Department Correspondents Association (SDCA) ask Tillerson about State Department budget cuts; that’s what they are worried about.


(more…)

Sean Spicer White House Press Briefing – March 16th 2017

White House Press Secretary Sean Spicer delivers a press briefing from the Brady room on March 16th 2017. Start time approximately 2:00pm:
Update: Video Added


(more…)

President Trump Interview With Tucker Carlson – 3/15/17…

During President Trump’s visit to Michigan auto-workers, Trump sat down with Fox News host Tucker Carlson for an extensive interview. The interview aired in two segments, with more scheduled for broadcast tomorrow. Thanks again to Fox News for their upload:


(more…)

President Trump Delivers Stunning Remarks at The Hermitage – Recognizing Andrew Jackson's 250th Birthday…

President Donald Trump delivers remarks recognizing the 250th anniversary of  President Andrew Jackson’s birth.  Using prepared remarks to draw parallels, President Trump noted the anti-elitism within Jackson’s presidency and the misfit nature of his administration.   This speech is exceptional; one of the best and very touching.
Comparing the criticism levied upon Jackson to the criticism levied upon his own presidency, President Trump’s off-the-cuff remarks were done with humor, well delivered and very well received.
Well Worth Watching:


(more…)

Fed Raises Interest Rate a Quarter Point – Nothing Changes…

It’s really interesting to read the financial presentation of Reuters in their article outlining the Fed, Chair Janet Yellen, decision to raise interest rates a quarter point (.25).  Keep in mind that Reuters traditionally slants left (globally) on all economic presentations.
Those Treepers who have followed our economic analysis will note the disparity between Yellen’s justification and the inconsequential impact therein.   The Stock Market never even flinched today.  Part of the reason is the disconnected (traditional) view of economics within the current Yellen justifications.  It ain’t just us who sees this “new dimension“.

Emphasis in citations are all mine.

(Reuters) The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank’s target.
The decision to lift the target overnight interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent marked one of the Fed’s most convincing steps yet in the effort to return monetary policy to a more normal footing.

{define “normal”}
(more…)