Laurent Belsie
Senior Economics Writer at The Christian Science Monitor
Senior economics writer for The Christian Science Monitor
Articles
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1 week ago |
csmonitor.com | Laurent Belsie
Republicans are exposing fault lines within their own party over a sprawling tax-cut bill, which passed the House and is now up for review in the U.S. Senate. The party increasingly relies on working-class voters to win elections. Yet the One Big Beautiful Bill Act, judging by what the House of Representatives has passed and what the Senate is now considering, showers direct tax benefits much more on wealthy Americans than on poor or middle-class taxpayers.
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4 weeks ago |
csmonitor.com | Laurent Belsie
A little-known court has blocked major portions of President Donald Trump’s trade agenda, but that doesn’t mean his tariffs – or his efforts to extract concessions from trade partners like the European Union – are over. On Wednesday, the U.S. Court of International Trade ruled that he exceeded his authority under a 1977 law to impose tariffs on other nations.
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1 month ago |
csmonitor.com | Laurent Belsie
A fatal air crash outside Washington, D.C., in January and a serious telecommunications outage involving the Newark, New Jersey, airport this month have focused the United States on a long-known problem: The nation’s old and understaffed air traffic control system is showing cracks.
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1 month ago |
csmonitor.com | Laurent Belsie
Behind President Donald Trump’s plan for a “big, beautiful bill” lie some ugly budget math and time-honored congressional ploys to try to hide the size of increasingly daunting federal deficits. The president is catching criticism from within his own party, as some congressional Republicans balk at the massive tax-cut and spending bill that the party is aiming to pass this summer. Investors are also watching.
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1 month ago |
csmonitor.com | Laurent Belsie
Belvidere, Illinois, is the kind of comeback community that President Donald Trump envisions for Middle America. It’s a blue-collar Midwestern town that builds things. Less educated and poorer than the national average, it’s the kind of place President Trump hopes to rescue with tariffs intended to bring manufacturing back to the United States. But Belvidere is roaring back because of its own pluck.
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