Economics (420)
'God Knows What's Inside': Biden's Spending Bill Speech
Written by BreakingPresident Biden appeared unfamiliar Monday with the specifics of the massive spending bill called the Inflation Reduction Act that Senate Democrats passed Sunday, stating it funds healthcare “and God knows what else.”
'More Agents Than The FBI': Biden Growing IRS Auditors To Come After Average Americans
Written by Story7Sen. Ted Cruz (R-TX) criticized Democrats over details in a reconciliation bill that would add 87,000 more IRS workers.
IRS Alert: Agency About To Become Biggest In Fed Government
Written by BreakingSen. Ted Cruz (R-TX) criticized Democrats over details in a reconciliation bill that would add 87,000 more IRS workers.
Don't Be Fooled: Congressional Budget Office Says Democrat's 'Inflation Reduction' Does Nothing Of The Sort
Written by BreakingOpposing claims from Senate Democrats, a report from the independent Congressional Budget Office (CBO) suggests that the steps in the $740 billion Inflation Reduction Act of 2022 (IRA) would have a marginal to negative impact on inflation.
Report: Bidenflation Causing Major Decline In American Healthcare
Written by Mid-Day 1With every product getting costlier, Americans are cutting corners in their lives by potentially cutting their life span, according to a Gallup poll conducted for a healthcare advocacy group.
Why Are Gas Prices Actually Plummeting? It's NOT Biden
Written by LeadingGas prices have been falling since mid-June as demand has dropped to levels not seen since the early days of the pandemic, according to AAA.
Payoff? Does The Billions Biden Is Sending To Ukraine Have Anything To Do With Buying Silence For Hunter?
Written by LeadingOne might think with all the money Biden is sending to Ukraine, something other than assistance to fight Russia is going on. It has not been one package, not two, not even three in the five and a half months since Putin launched his offensive, no Joe Biden has committed money to Ukraine more than 6 times, and some are starting to ask questions that relate to Hunter Biden.
Inflation Report: 25% Of American Families Cut Down On Food
Written by Mid-Day 1More than four in ten Americans have been compelled to save on everyday habits and items, including the number of groceries they buy, as a result of severe inflation, a recent Suffolk University/USA TODAY survey found.
Janet Yellen Thinks Americans Can Withstand Recession
Written by Mid-Day 1Treasury Secretary Janet Yellen thinks that the positive factors adding to the American economy possibly carry more weight than negative gross domestic product (GDP) growth for consecutive quarters.
What Is Recession? McCarthy Slams The WH For Deceiving Everyone
Written by BreakingHouse Minority Leader Kevin McCarthy (R-CA) denounced Democrats on Thursday, saying the party led the United States into a recession after the latest GDP analysis showed the economy declined for the second consecutive quarter.
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Walmart Slashes Price Tags Amid Low Consumer Buying Power
Written by Multi-Article-Alert-5In a Monday update, Walmart disclosed that it would continue reducing prices for general merchandise as inflation causes consumers to stress.
Recession Alert: Fed Signals Fiscal Troubles With Latest Move
Written by BreakingThe Federal Reserve on Wednesday lifted its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most fierce drive in three decades to tame high inflation.
The Federal Reserve Did Not Act Fast Enough, Now Their Extreme Action Will Cause Americans More Pain
Written by BreakingHouse prices in the U.S. could be on the verge of declining by up to 20 percent because of cratering demand caused by increasing mortgage rates due to the Federal Reserves extreme and rapid rate hikes, this will lead to a 'significantly more painful' recession a leading economist cautioned.
Biden Admin Quietly Spreads Misinformation By Doing This
Written by Multi-Article-Alert-5The purpose of an economic recession is commonly comprehended as an economic deterioration, which is generally considered as a fall in GDP over two consecutive quarters. However, for the Biden administration in the White House, it's time for a new definition. This redefining of "recession" comes as a report on GDP is expected Thursday.