Yet another example of how inclusionary zoning blocks more housing than it’s worth. More generally, it’s lesson that sticking it to business isn’t the way to achieve affordability.

The GOP tax package passed 215-214-1 after the deaths of three Democrats in last few months. Rs would have had to flip at least one vote if their seats were still filled and they voted no. (Two Rs did not vote but Speaker says they would have voted aye. He said one fell asleep).

JCT Dynamic score of House tax provisions shows $3.7 trillion revenue loss

For those following PTET workaround language closely, the House manager’s amendment has some clarifying language. Clearer now that the new limits on SALT cap workarounds apply to service businesses but not to other pass-throughs (manufacturers for example).

🚨NEW in @PunchbowlNews MIDDAY: 34 HOUSE REPUBLICANS -- including 4 committee chairs and the chair of the NRCC -- wrote a letter to @JasonSmithMO a few weeks ago, expressing OPPOSITION to closing the carried interest loophole. Letter unreported until now. Shows just how steep

🚨BREAKING NEWS: key House Republicans from New York REJECT $30,000 SALT deduction cap and say the leadership is jeopardizing Trump's agenda. STEFANIK, LAWLER, LALOTA and GARBARINO

Great visualization of how expensive the tariffs are from Bloomberg

BREAKING: A federal judge has ordered the Trump administration to restore Voice of America and several affiliated news services, finding the Trump administration's efort to dismantle it likely violated the law. https://t.co/GjLdN3FrUX

JUST IN: A federal judge in Colorado has blocked potential removals under the Alien Enemies Act, saying a series of recent Supreme Court basically required her to issue a restraining order. She also found Trump's invocation of the AEA was flawed. https://t.co/PYJLEZInSZ

https://t.co/fEJ3ghN3NW

Rand Paul is the only GOP co-sponsor of the latest Senate resolution seeking to overturn Trump's global tariffs: “Tariffs are taxes, and the power to tax belongs to Congress—not the president. Our Founders were clear: tax policy should never rest in the hands of one person."

Distilling last week in economics; "Which system is gonna be hurt the most when you jab a fork into a light socket? I don't really know," said Michael Madowitz, principal economist at the Roosevelt Institute. "That's why we don't force forks into light sockets, traditionally."

Powell says: "Higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters." "While uncertainty remains elevated, it is now becoming clear that tariff increases will be significantly larger than expected."

At least he's being honest that Vermont politics is about deciding who the cool kids are and aren't and deciding everything from there. "It's our job to make sure the right people are winning." And kudos to @AustinDavisVT for calm response to blatant favoritism.

Tariffs are taxes. Tariffs are regressive taxes. Tariffs are distortionary, regressive taxes. Tariffs are distortionary, regressive taxes that raise prices for US businesses and consumers.

"A little louder for the people in the back"

BREAKING: Judge Alsup has ordered the VA to offer reinstatement to all fired probationary employees, said their terminations were "unlawful" directive from OPM.

Great video explanation on the difference of parking at a grocery store vs at the new hot restaurant in your downtown.

https://t.co/KZn49z5jZG

For every $1 spent by the Parks, they produce $15 in economic activity. It is less than 0.067% of all federal spending. Parks have a huge economic multiplier. They create platforms for substantial private sector activity (tourism, recreation businesses, etc.) while preserving