News of the Day: U.S. oil lease pause will not hit states’ income near term, official saysReuters, April 27, 2021 Revenues disbursed to states from federal oil and gas leasing are not expected to decline significantly in the near term due to the Biden administration’s pause and review of the program, an official said on Tuesday. Nada Culver, deputy director … read more

News of the Day: Biden to Sign Order Requiring $15 Minimum Wage for Federal ContractorsCatherine Lucey, The Wall Street Journal, April 27, 2021 President Biden will sign an executive order Tuesday requiring that federal contractors pay a $15-an-hour minimum wage, the White House said. The order would affect hundreds of thousands of people working on federal contracts, the White House … read more

News of the Day: The Dumbest Tax Increase –Biden’s capital-gains rate of 43.4% would reduce federal revenue.Editorial Board, The Wall Street Journal, April 25, 2021 If you need more evidence that ideology more than common sense is driving the Biden Presidency, look no further than its trial balloon to raise the top tax rate on capital gains to 43.4%. It’s … read more