Executive Vice President at the U.S. Chamber of Commerce Neil Bradley discusses how tariffs will impact small businesses on 'The Hill' on NewsNation
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Epoch Times
8 hours ago
- Epoch Times
IOUs to Inflation: The Realistic Limits of Magic Money Theory
Recently, a couple of advocates of Modern Monetary Theory (MMT) wrote in The Hill about 'Why we should stop worrying and learn to love the national debt.' This piece was brought to us by the same crowd who had the idea for a trillion-dollar coin a few years ago. The authors lay out objections to common concerns about the growing US debt and deficit. While there are kernels of truth in what they say, they miss the bigger picture; namely that money is ultimately a claim on real goods, services, and resources.
The Hill
20 hours ago
- The Hill
Inside Trump's move to oust Billy Long
Multiple sources familiar with the matter told The Hill that leadership at the Treasury Department clashed with Long and that there were concerns within the administration that he was not a good fit to lead an agency that prides itself on implementing tax policy without getting caught up in partisan drama. But his exit also means the Internal Revenue Service (IRS) will have its seventh commissioner of the calendar year, with Treasury Secretary Scott Bessent taking over on an interim basis. 'I think they're going through turbulence right now,' one source familiar with the matter told The Hill. 'People just don't know yet what the future holds.' Long was a controversial choice to lead the IRS, a technocratic agency responsible for collecting tax revenue and enforcing the nation's tax laws. A former Republican Congress member from Missouri, Long previously worked as an auctioneer and a real estate broker. He drew scrutiny over his promotion of a pandemic-era tax credit that was riddled with fraudulent claims. Sources told The Hill that there was growing frustration among Treasury officials with IRS leadership since Long's arrival as commissioner. One source familiar with the matter said Long had gone off-script and made remarks that required clarifications or cleaning up, something viewed as a particular issue on an issue as sensitive as taxes. The Hill's Brett Samuels has more here.
The Hill
a day ago
- The Hill
Mike Collins rolls out 159-county organization in Georgia Senate bid
Rep. Mike Collins's (R-Ga.) campaign is rolling out a grassroots organization in all of Georgia's 159 counties in support of his Senate bid as he vies for the GOP nod to take on Sen. Jon Ossoff (D-Ga.). The news of the 159-county organization, which was first shared with The Hill, includes 413 county captains across the state and is aimed at turning out low-propensity voters. The campaign noted the last few Republicans to have county-level mobilization campaigns who were successful in statewide reelection bids were President Trump and Georgia Gov. Brian Kemp (R). In a press release, the Collins campaign touted the initiative's creation, noting the Georgia Republican had only been in the race for two weeks, and calling it 'a testament to the appeal of Collins' message, authentic brand, and his team's experience in the state.' The Collins campaign noted it included leaders who had previously served on Trump's and Kemp's county-level mobilization efforts. Collins is vying against Rep. Buddy Carter (R-Ga.) and former football coach Derek Dooley, seen as Kemp's preferred candidate, for the Republican nomination to challenge Ossoff next year. Collins has gained several endorsements from his congressional delegation in addition to state legislative leaders, which include some of Kemp's allies. Meanwhile, Carter has a financial edge so far with more cash on hand than Collins. Carter ended the latest quarter with $4 million in the bank while Collins, who's been in the race for several weeks, ended the last quarter with $1 million. Carter loaned himself $2 million in the last quarter as he puts some of his own financial resources into the race. Dooley, meanwhile, enjoys connections to Kemp's political orbit. Collins and Carter have both hammered the former football coach hard since Dooley announced, setting up what's expected to be a hotly contested primary.
