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A product of the “Big Beautiful Bill,” Trump Accounts give American children — sorry, illegal aliens, this one is for us — a “tremendous” financial head start on life, providing the means to pay for college or put a down payment on a home, along with exposure to equities, something roughly 1 in 3 Americans currently do not have.

If you make the maximum annual contribution of $5,000 to a Trump Account, it could be worth:

At age 18: $300,000

At age 28: $800,000

At age 55: $10 million

All courtesy of the power of compounding returns, argues Heritage Foundation Chief Economist E.J. Antoni in this special video commentary.

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President Trump’s “clamoring for the Federal Reserve to lower interest rates” may finally pay off later this year when Kevin Warsh takes over as the new Fed chair.

 Trump “shouldn’t have to wait that long,” however, because his appeal to the Fed has been “on the grounds that inflation is much lower than what’s being officially reported,” explains E.J. Antoni, Ph.D., The Heritage Foundation’s chief economist. 

“ It turns out Trump is spot on with today's real inflation rate being only one-third the official metrics. In fact, these numbers come from the real-time price aggregator Truflation which monitors millions of prices every single day. That is orders of magnitude more than the Bureau of Labor Statistics, or BLS, which only observes a few thousand prices just three times per month.”

(00:00) Trump's Push for Lower Interest Rates

(01:49) Understanding Real Inflation Rates

(03:40) Comparing Truflation and CPI

(06:26) Housing Costs and Inflation Metrics

(09:02) The Impact of Lower Interest Rates

(09:38) Conclusion and Next Steps

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There is “no coherent principle” to the left’s ongoing “utterly hypocritical” “insurrectionary movement” in Minnesota, argues Daily Signal senior contributor Victor Davis Hanson in his first post-surgery video appearance.

Nearly five years ago, these same people lambasted Ashli Babbitt, an unarmed 14-year Air Force veteran who was shot and killed by the U.S. Capitol Police on Jan. 6, 2021.

The left cheered as hundreds of demonstrators were arrested for allegedly assaulting officers and carrying firearms.

Meanwhile, they said it was perfectly OK for somebody like Alex Pretti “to go to a demonstration with a military-grade semiautomatic weapon, with extra clips, and just stick it in his waistband, visible sight of anybody, and then get into a brawl with law enforcement officers,” Hanson continues.

“All of our most prominent liberals are saying the state of Minnesota has a right to do what? Occupy federal property? Attack federal officers? Prevent the enforcement of federal law? I thought the left didn’t like states’ rights. I thought they said that this was ‘insurrectionary.’”

00:00 Introduction and Personal Update

01:32 Health Struggles and Recovery

03:58 Minnesota's Street Insurrection

06:13 Hypocrisy in Law Enforcement

09:37 States' Rights and Federal Law

12:57 Conclusion and Future Discussions

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Much of the electric and natural gas rate increases Virginians have been seeing—and will only continue to see increase after the recent storm—are due to the Clean Economy Act.

 

Gov. Abigail Spanberger “very much ran for election on those policies,” so the big question now is if she’ll do anything about the rate increases, said Steve Haner, a senior fellow for state and local tax policy at the Thomas Jefferson Institute for Public Policy.

 

“ People are about to get bills and, and it's going to shock them. And if you think the legislature's doing anything to make that cheaper, please lie down. You'll feel better. Because they're not. They're doing things that are going to make it more expensive.”



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Europe’s illegal immigration crisis might be the warning America needs to fix its own before it’s too late.



According to Laura Ries, director of the border security and immigration center at The Heritage Foundation, America is “kind of on that same path” as countries like the France, Germany, and the U.K. 



“The question is… Are we a sovereign nation? Do borders matter? Can we uphold the law? Can we enforce the law? What’s happening to Western civilization? And this is a real question for our country.”



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