EconomyNews
Inflation Surges to Highest Level in 30 Years
The Consumer Price Index increased 0.9% in October, bringing the key inflation indicator’s year-over-year increase to 6.2% as supply shortages continue and demand grows, the… Read More
EconomyNews
House Passes Infrastructure Bill as Democrats Pave Way for Huge Social Spending Package
The House passed a $1.2 trillion infrastructure spending bill late Friday night, advancing legislation held for ransom for months by Democrats’ left flank to ensure… Read More
EconomyCommentary
Democrats Are Planning to Give Wealthy Taxpayers a Huge Windfall of Cash
The most recent version of the House’s reconciliation package includes a provision that would provide over $68,000 for each of the top 0.35% of tax… Read More
EconomyCommentary
Biggest Means-Tested Welfare Increase in US History Would Hurt, Not Help, Poor
Democrats are proposing the largest increase in means-tested welfare in U.S. history by far. The latest Democrat tax-and-spend reconciliation bill (also known as the Build… Read More
EconomyCommentary
Massive Spending Bill Sends Your Tax Dollars to Corrupt Corporate Media
Editor’s note: Deadline reports, “Under the text of the [Build Back Better] bill released Wednesday, per Punchbowl News, employers would get a credit against employment taxes… Read More
EconomyCommentary
White House Is Bypassing Usual Fiscal Review Process to Push Spending Bill Through. This Is Irresponsible.
The House of Representatives is charging ahead to pass a reckless tax and spending budget bill without even knowing how much it will cost the… Read More
EconomyCommentary
Under Biden’s Scheme, Taxes and Inflation Could Claim 100% of Some Capital Gains
A common misconception is that the U.S. federal corporate tax rate of 21% means that business owners keep 79 cents on the dollar. That, however,… Read More
EconomyCommentary
House Progressives Detach From Reality
Rep. Cori Bush, D-Mo., a left-wing “squad” member in the House, attacked Sen. Joe Manchin, D-W.Va., for his opposition to the multitrillion-dollar Build Back Better… Read More
EconomyCommentary
9 Examples That Show Why Democrats’ Revised Spending Bill Is Still Awful
House Democrats unveiled an updated version of their social spending package on Oct. 28. Weighing in at 1,684 pages, and with trillions of dollars in… Read More
EconomyAnalysis
Trade Expert Breaks Down Supply Chain Crisis
Editor’s note: Why is the U.S. suddenly in the midst of a supply chain crisis? Heritage Foundation’s Tori Smith, a senior policy analyst who focuses… Read More
