While Democrats insist that the Inflation Reduction Act won’t boost taxes on people making less than $400,000 a year, collateral effects from the legislation will cause workers and small businesses alike to pay more, according to Preston Brashers, a senior tax policy analyst at the right-leaning Heritage Foundation…
‘We have a very serious inflation problem’: Former Clinton Treasury Secretary Larry Summers Slaps Down Biden’s Claim Inflation Is ZERO Despite it Standing at 8.5%…
Bill Clinton’s Treasury Secretary Larry Summers has slapped down Joe Biden’s victory lap over the latest inflation figures – saying ‘we still have a very serious problem’…
TAX FOUNDATION: Details & Analysis of the Senate Inflation Reduction Act Tax Provisions…
Last-week’s Democrat-sponsored Inflation Reduction Act (IRA), successor to the House-passed Build Back Better Act of late 2021, has been touted by President Biden to, among other things, help reduce the country’s crippling inflation…
Dems Poised to Make IRS Larger Than Pentagon, State Department, FBI, and Border Patrol Combined…
Manchin-backed Inflation Reduction Act would more than double agency’s size…
The Dollar Emergency Is Worse Than You Think…
Currency exchange-rate chaos is becoming an economic headwind and creating a crisis for capitalism…
Senator: Americans Would Be ‘Shocked’ If They Saw Where COVID-19 Relief Funds Went…
A Republican senator said that only about 10 percent of a $2 trillion COVID-19 relief package actually went to dealing with the pandemic, asserting that American taxpayers would be alarmed by where the funds are going…
Is the Fed At the End of Its Rope?…
The Federal Reserve delivered another 75 basis point interest rate hike at its July FOMC meeting. This pushes the federal funds rate over the 2% threshold to between 2.25% and 2.5%…
Panama: Descent Into Chaos…
We are on the front edge of a very deadly global revolution. The war between elites…
No Recession? All of a Sudden Yield Spreads Are Collapsing…
No recession. That was the recent declaration from Treasury Secretary Janet Yellen, noting that consumer spending, industrial output, credit quality, and other indicators don’t suggest economic risk…
Expert Proved Biden’s Treasury Secretary Dead Wrong on Inflation, His New Warning Shows She Can’t See What’s Coming…
For the Joe Biden presidency, it was a bad start. For the rest of the country, it’s likely to be a worse week — and November can’t come fast enough…
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