All Posts Tagged: Affordable Care Act
There has been much activity in Washington unrelated to tax reform from congressional hearings on Russian entanglements to a delayed House vote on a replacement for the Affordable Care Act.
For more on these developments, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on March 24.Key observations:
- Our working assumption is that Congress won’t get around to infrastructure or deregulation until 2018.
- In President Trump’s “skinny” budget for FY2018, 15 of 20 major federal agencies would see budget cuts, three would see increases, and two would be unchanged.
- This skinny budget is in line with our previous assumptions and won’t have an impact on our near-term economic forecast.
- We have scaled back modestly our 2017 forecasts for oil prices, the U.S. dollar, and long-term interest rates.
Running a small business can be fraught with uncertainty. Just ask Donald and Loraine Sanchez, owners of Paradigm Physical Therapy and Wellness in New Mexico.Read More ›
Indicators for manufacturing and service businesses have softened, slowing business activity as the second quarter closes.Read More ›