Are Public Broadcasters About To Lose Their Subsidies?

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Will the federal government cut off its subsidies to public broadcasters this year? The New York Post reports that the White House’s “rescissions” plan will include a request that Congress withdraw $1.1 billion already appropriated for the Corporation for Public Broadcasting (CPB). That wouldn’t be absolutely everything Washington spends on public media—The New York Times notes that the administration doesn’t plan to claw back some money being spent on emergency communications—but it’s close. If you’ve been following the […]

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Like Covid Lockdowns, a Tariff Recession Would Punish and Reward the Wrong Companies

Like Covid Lockdowns, a Tariff Recession Would Punish and Reward the Wrong Companies

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Equity markets continued to sell of Monday morning as Trump economic advisor Peter Navarro told CNBC that even a 0% tariff offer from Vietnam would not be enough for the Trump administration to change its tariff policy toward that country. “Let’s take Vietnam. When they come to us and say ‘we’ll go to zero tariffs,’ that means nothing to us because it’s the nontariff cheating that matters,” said Navarro. Non-tariff cheating refers to subsidizing domestic manufacturers, currency manipulation, […]

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