Supercharged IRS Will Collect $20 Billion More From Americans Making Less Than $400,000 Under Inflation Reduction Act: Report
Republicans on the House Ways and Means Committee say they have received information from the nonpartisan scorekeeper at the Congressional Budget Office (CBO) challenging the...
Only 13 Percent of Americans Believe Democrats’ $369 Billion in Climate Spending Will Reduce Inflation: Poll
Just a small number of Americans believe that the Democrats’ Inflation Reduction Act (IRA) will help lower inflation across the country, according to a new poll from The...
Ottawa’s Digital Identity Program Could Lead to Beijing-Style Social Credit System, Legal Advocacy Group Says
A legal advocacy group says the federal government’s proposed Digital Identity Program is prone to being used to access private information and increase control over...
Democrats’ Inflation Bill Will ‘Absolutely’ Raise Gas, Electricity Prices for Americans, Expert Says
The Democrats’ Inflation Reduction Act (IRA) will see Americans forking out more for electricity and gasoline, experts have warned. President Joe Biden on Tuesday signed the Democrat-backed...
China Increasing Nuclear Arsenal, With ‘Largest Military Buildup in History’: US Indo-Pacific Commander
The U.S. Indo-Pacific commander has warned that China’s growing nuclear arsenal poses a threat to the region’s stability, with Beijing pursuing “the largest military buildup...
Grocery Inflation Hits Highest Level in 43 Years Despite Biden’s ‘Zero’ Inflation Messaging
While the annual pace of inflation in the United States eased slightly in July, a deeper dive into the numbers reveals that some of the...
From Lower Savings to More Debt, Inflation Forcing Consumers to Change Spending Plans
U.S. consumers are feeling the effects of inflation that is broad-based and at a 40-year high, and now they are responding to surging prices by...
Americans’ Inflation Expectations Drop, but Experts Warn Inflation ‘Not Coming Under Control’: New York Fed Survey
Inflation expectations among American consumers fell sharply in July, according to the latest New York Federal Reserve Survey of Consumer Expectations (SCE) published on Aug. 8, suggesting that there...
Inflation Reduction Act Causing Inflation
Commentary An additional $700 billion in government spending tied to the Inflation Reduction Act will make inflation worse, not better. The Inflation Reduction Act of...
White House Credits Biden’s Jawboning for ‘Historic Decline’ in Gas Prices That Remain 84 Cents Higher Than a Year Ago
White House Chief of Staff Ron Klain took a victory lap on behalf of President Joe Biden for what Klain described as a “historic decline”...