Policy and Government

Politico reports Trump chief of staff John Kelly is dimming the lights on Peter Navarro’s tariff shop.

Monetary

James Dorn: Bury the Phillip’s Curve.

Tax

Washington Post releases GOP tax blueprint.

The WSJ says the plan is pro-growth tax reform – if we can keep it.

In the NY Times, Juliue Hirschfeld and Alan Rappeport call GOP plan the most sweeping tax overhaul in decades.

In the LA Times, Jim Puzzanghera explains why many could pay more.

At Business Insider, Bob Bryan reports the tax plan will increase the lowest marginal tax rate.

In the WSJ, Richard Rubin and Siobhan Hughes give their thoughts on the GOP tax plan.

At ATR, Grover Norquist believes the GOP tax plan would turbocharge the economy.

At National Review, Ryan Bourne writes evidence suggests lower corporate rates lead to higher wages.

Regulatory

Reason reports health care costs are a big reason why you aren’t getting a raise.