EconomyCommentary
With 60% of Americans living paycheck to paycheck, most U.S. households could use a raise. But an arbitrary, one-size-fits-all increase in the minimum wage imposed… Read More
EconomyCommentary
President Joe Biden has asked Congress for $106 billion in supplemental “emergency” funding, a proposal that contains several important policy flaws and threatens to drive the… Read More
EconomyNews
The federal government’s debt increased by $2,238,422,431,416.43 in fiscal year 2023, according to data published by the U.S. Treasury Department. On Sept. 30, 2022, the… Read More
EconomyCommentary
House Republicans are in another titanic battle with President Joe Biden on how to balance the budget. Actually, it’s a lopsided debate because Democrats have… Read More
EconomyNews
Fitch Ratings downgraded the U.S. government’s credit rating from “AAA” to “AA+” on Tuesday, a signal that the agency no longer has complete confidence in the government’s… Read More
EconomyCommentary
The U.S. House of Representatives left Washington July 27 for its lengthy summer recess having only passed one of 12 spending bills required to fund… Read More
PoliticsCommentary
The media has given outsized attention to minor modifications to work requirements for welfare recipients in the debt ceiling deal between President Joe Biden and… Read More
EconomyNews
President Joe Biden signed the debt ceiling bill into law on Saturday a week after reaching a deal with House Speaker Kevin McCarthy, R-Calif. “No… Read More
EconomyNews
The Senate voted Thursday evening to pass the debt ceiling legislation, clearing the way for President Joe Biden to sign it into law. The Senate… Read More
EconomyNews
The House-passed bill suspending the nation’s debt ceiling would give President Joe Biden “an unlimited credit card,” Sen. Tim Scott, R-S.C., warned Thursday. “The biggest… Read More
