Implementation Phase Now that the federal budget bill has become law, we turn to the implementation phase. What we have learned in recent days is that the start dates for some of the cuts and adjustments have different start dates. The work requirement for able bodied...

BBB connotation BBB for most of us with links to the financial world means investment grade. It still means just that. But for the next few days leading up to July 4 it will translate to the Big Beautiful Bill. The pressure is on to get the bill passed but there is...

Cold Rolled Tariffs Amid the many tariffs proposals, discussions, pauses, and negotiations, the tariffs on imported steel and aluminum have been set at the 50% level. I am openly wondering what the effect will be on the many infrastructure projects underway and...

Slap happy tariffs Not since the slapping incident at the Oscars has a tariff been slapped on so quickly. The tariff on the Eurozone is more global in scope. It appears that we hit allies fairly hard with tariff levels. One observer in the Wall Street Journal pointed...

More SALT please Whether you call it a spice or a condiment, SALT has a major presence at the budget table. For those in high tax states, raising the cap to $30,000 from $10,000 only makes a marginal difference. Take the case of a married couple who both work filing...

Tariffs Patchwork Quilt The administration’s approach reminds me of the musical Candide. In this work, Dr. Pangloss is continuously reminding us that we live in the best of all possible worlds. This proclamation takes place while disease and other pestilences are...