Peter St. Onge

Just cross, Caroline. How mad do you think President Trump is going to be when he finds out that Elon Musk said I'm sorry, but I just can't stand it anymore. This massive, outrageous, pork-filled congressional spending bill is a disgusting abomination. Shame on those who voted for it. You know you did wrong. You know it.

Thank you, Caroline. When you look at these last minute Biden pardons, the big ones, Biden siblings, Fauci, January 6th committee.

Most of the big ones have the same very neat signature. We would expect that probably to be the auto pen. There is one that looks different. It looks authentic. In fact, if you look at the last name, it almost looks like the president was having a hard time spelling his last name there.

Is this White House of the opinion that the only pardon that would count is one that the president signed himself?

Is there?

Right.

Joe Biden's final job report is out, and it's a doozy, a veritable orgy of revisions, kicking off with a massive Bureau of Labor Statistics revision that wiped out 589,000. Imaginary jobs the Biden administration had been propping up until the election. Every single month of 2024 was revised down. And keep in mind, this is not the whole story.

The Philly Fed thinks there's another 800,000 fake jobs lurking in the sweet nothings of Biden's finest government statisticians.

Congressional Republicans just wrapped up a three-day confab where they agreed to massive tax cuts accompanied by, of course, precisely zero spending cuts. One out of two, I guess, from Washington's drunkest sailors. The agreement was part of a GOP effort to unite around a massive tax and spending bill to, quote, codify Donald Trump's campaign promises.

It does great on taxes, extending Trump's first-term tax cuts and planning for no tax on tips, no tax on overtime and slashing business income tax. Alas, it only cuts $31 billion in annual spending, roughly 0.5%, the federal budget, and then it immediately turns around and adds $32 billion in new spending, so no Lockheed is left behind.