Dem Student Loan-Cancellation Plan a Bad Call, Experts Say

Proposal would be handout to the rich, have little stimulus effect

Charles Fain Lehman
November 19, 2020 1:30 PM

Democrats are pushing for Joe Biden to make one of his first acts as president the cancellation of trillions of dollars in student debt, a policy that would hand billions to the nation's wealthiest with little benefit to the overall economy, experts say.

Marco Rubio Wants to Save the American Dream

Rubio on why work is stagnating, and how to bring it back

Charles Fain Lehman
December 23, 2018 5:00 AM

In 1956, amidst the fitful days leading up to the revolution, Sen. Marco Rubio's parents left Cuba for the United States. Arriving here, they joined the wave of immigrants who would eventually populate Miami. Both took up jobs in the service industry: Mario Rubio as a bartender in hotels, and his wife Oriales variously as a maid, cashier, and stock clerk.

Obama Wants the Credit: ‘Just Say Thank You, Please’

David Rutz
November 28, 2018 3:02 PM

McCarthy: America’s Comeback Starts Now

Washington Free Beacon Staff
January 9, 2018 2:01 PM

Council of Economic Advisers Chairman: Tax Cuts Could Increase Median Wage By About $4,000

Chairman says tax framework will radically lift wages for workers who haven't seen real increase in the last decade

Ali Meyer
October 11, 2017 2:00 PM

Kevin Hassett, the chairman of the Council of Economic Advisers, says a tax cut like the one President Trump is proposing could potentially lift wages by about $4,000.

Personal Income in Majority of States Grew In First Quarter of 2017

Since recession, 17 states had personal income grow faster than the nation's as a whole

Ali Meyer
August 9, 2017 12:10 PM

In 42 states, personal income grew from the past year, even after adjusting for inflation, according to a report from Pew Charitable Trusts.

Report: Majority of Guatemalan Migrants Come to U.S. for Better Economic Opportunities

Less than 0.3 percent leave to escape violence, gangs, or extortion

Ali Meyer
August 8, 2017 5:00 AM

A majority of Guatemalans who migrate to the United States—91.1 percent—are seeking better economic opportunities, according to a study from the International Organization for Migration.

President Trump’s Budget Would Reduce Deficit By $160 Billion and Increase GDP Growth

Cuts to health care spending would save economy $1.25 trillion over next decade

Ali Meyer
July 13, 2017 12:25 PM

President Donald Trump's proposed budget for 2018 would reduce the deficit over the next decade by $160 billion and increase GDP at the same time, according to an analysis from the Congressional Budget Office.

Number of Job Openings Hits Record-High at 6 Million

Quits, layoffs, discharges declined by 225,000 in April

Ali Meyer
June 7, 2017 2:15 PM

The number of job openings for workers hit a record-high of 6,044,000 in April, according to data from the Bureau of Labor Statistics.

Global Economic Growth Will Increase to 2.7% This Year

Economic growth in United States projected to increase to 2.2% next year

Ali Meyer
June 5, 2017 3:30 PM

Global economic growth is projected to hit 2.7 percent this year because of an increase in manufacturing and trade, higher confidence in the economy, commodity prices that have stabilized, and more positive financing conditions, according to a report from the World Bank.

Economic Recovery