CRNC Blog

The Best Christmas Gift for a Graduate? How About a Student Loan Payment

Wondering what to get the millennial in your life this holiday season? Simple. Pay one of their monthly student loan payments. They’ll love you for it. No, seriously. In a survey conducted by Student Loan Report, 69.3 percent of borrowers would rather receive a student loan payment instead of a gift this holiday season. And…
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How Democrats Learned to Stop Worrying and Love the Shutdown

While most Americans are frantically trying to get their holiday decorations up, cookies baked and presents purchased, Congress is also feeling the squeeze. With just days before the Christmas recess Republicans are working hard to get their tax bill to President Donald Trump’s desk while also striking a deal with Democrats to keep the government’s…
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Media Isn’t “Facts First” They’re Anti-Trump First

CNN recently debuted a new advertising campaign called “Facts First.” The debut video shows an apple on a white background accompanied by captions arguing that many would try to mislead people into thinking it is a banana when it is, in fact, an apple. “This is an apple,” the captions read. “Some people might try…
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Tax Reform Used to Be a Bipartisan Endeavor. What Happened?

A lot has changed in the thirty one years since the last true tax reform bill was passed through Congress. Fueled by enormous advanced in technological innovation, almost everything, and everyone, is just a few finger taps away from being delivered to you in some form. These changes have pushed, and will continue to push,…
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November Jobs Report Crushes Expectations, Sets Stage for Strong Year-End Finish

The U.S. economy added 228,000 new jobs in November, substantially besting the 195,000 increase in jobs that economists predicted. The unemployment rate stayed at 4.1 percent, the lowest rate in seventeen years. Although this figure is unchanged, the labor force participation rate continues to increase, along with the size of the labor force generally, indicating…
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The Debate Over Tax Reform’s “Winners and Losers” Masks Its Real Value

Sometimes it’s not about picking your battles, it’s about picking your battlefields. Democrats exercised this principle to perfection in the debate over tax reform. What should have been a debate on the Republican-friendly territory of economic growth instead got turned by Democrats and complicit media into a zero-sum discussion about winners and losers. “Winners and…
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Democrats Push the Government Toward a Shutdown

A government shutdown is looming. Unless Congress passed a debt-ceiling increase and a continuing resolution by December 9, the federal government will not have enough money to fund a range of government programs. The disagreement between Republicans and Democrats is over a fix for the so-called “Dreamers,” undocumented immigrants who arrived in the U.S. as…
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Senate Republicans Push Historic Tax Reform One Step Closer to Reality

Tax reform is hard. Not just hard, nearly impossible. The tax code has been slowly turned into a minefield of competing credits, deductions and loopholes, essentially guaranteeing that any attempt at reform will have unintended side effects on one or another group of taxpayers. For a while, it looked as though the Senate would not…
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Millennials Stand to Win Big From Republican Tax Reform Plans

Millennials recently overtook Baby Boomers as America’s largest living generation. They are the largest share of the American workforce. Their median wages, after adjusting for inflation, have at best been stagnant, and at worst fallen, since the Great Recession. And according to a recent Pew Research analysis, they represent the largest group of households living…
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