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Category Archives: Office of management and budget

The Zealous Pursuit Of State-Sponsored Collapse

Authored by EconomicPrism's MN Gordon via Acting-Man.com, When Bakers Go Fishing Government intervention into a nation’s economy is as foolish as attempting to control the sun’s rise and fall by law or force.  But that doesn’t mean governments don’t meddle each and every day with the best – and worst – of intentions.  The United […]

Trump Drafting Executive Order To Kill Obamacare’s Individual Mandate, Report

After having previously cut so-called “cost reduction subsidies” (see: Trump To Scrap Crucial Obamacare Insurer Subsidy) and the marketing budget for Obamacare, Trump is now reportedly ready to also repeal the legislation’s controversial “individual mandate” which taxes people who choose to forego health insurance. According to the Washington Examiner an executive order has already been […]

White House Reveals Budget Deficit Will Be $250 Billion Greater Due To “Mistake”

On Thursday, we first discussed that in its latest monthly budget report for the month of June, the US Treasury reported a massive outlier that has largely been ignored by the general press: in June total US government spending hit $429 billion, the biggest one-month outlay on record, and 33% higher than the $323 billion […]

Trump Budget Cuts Hit As State Department Imposes New Hiring Freeze

In an effort to support President Trump’s plans to cut the State Department budget by about one-third in fiscal year 2018, Secretary of State Rex Tillerson has imposed a new freeze on hiring. As a reminder, President Trump instigated an across-the-board hiring freeze in his first days as President, then lifted it in April in […]

Trump Preparing Executive Order On Drug Prices; Spec Pharma Stocks Slide To One Month Lows

Specialty pharma stocks are dropping – again – on news that the Trump administration is preparing an executive order – again – targeting lower U.S. drug costs. Bloomberg reports that the order addressing the sensitive campaign issue could come within weeks and has been largely left out of Republican legislative efforts in Congress, until now. […]

Trump Targets Food Stamps With Proposed Fee On Retailers

Trump’s proposal to overhaul the U.S. food stamp program, or the Supplemental Nutrition Assistance Program (SNAP) as it’s currently known, has brought with it a widely overlooked fee that could end up costing food retailers billions.  Per MSN: That provision is a new fee that the White House wants to charge retailers that accept food […]

Trump Warns Democrats “Obamacare Will Die Soon Without ‘Big Money'”

Amid tensions over debt ceiling discussions and government shutdown concerns, Republicans continue to face the fact that passing an Obamacare 'alternative' remains highly unlikely. Source: Townhall.com But it appears the GOP has a cunning plan to cross that chasm. President Trump said early Sunday that ObamaCare will die "far sooner than anyone" thought if it […]

Trump Administration Begins Quiet Preparations For Government Shutdown

Even as Donald Trump is desperate to show to the US population, and especially his voter base, some actual achievement before his first 100 days run out next weekend, prompting him to tell AP that he will unveil a “tremendous” tax ut plan next week (recall he did the same in February), the Trump administration […]

President Trump Continues to Troll the Left Over Inaugural Crowd Size

For reasons beyond the scope of rational thinking, during confirmation hearings today for The Office of Management and Budget, Senator Jeff Merkley, shill from Oregon, produced a photograph from Obama’s 2008 inauguration and compared it to a sparsely populated Trump one — which was taken in the morning before the crowd had filled in, and […]

A Look At Trump’s First Monday In Office: Executive Orders, Meetings, Cabinet Votes And More

As Donald Trump himself tweeted on Monday morning… Busy week planned with a heavy focus on jobs and national security. Top executives coming in at 9:00 A.M. to talk manufacturing in America. — Donald J. Trump (@realDonaldTrump) January 23, 2017 … the president’s first official day on the job will be busy, including a meeting […]