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
EconomyNews
Sen. Rand Paul, R-Ky., proposes to cap government spending in an amendment to the House-passed debt ceiling bill that resulted from negotiations between President Joe… Read More
EconomyCommentary
This week, Speaker of the House Kevin McCarthy, R-Calif., and President Joe Biden cut a deal to raise the debt limit. The breakthrough came after… Read More
EconomyNews
The House voted Wednesday evening to lift the nation’s debt ceiling and begin to curb government spending, despite resistance from conservatives following weeks of negotiations… Read More
EconomyCommentary
As Congress debates a deal to increase the debt limit, here are four things Americans should know: 1. Immediate spending reduction in Biden-McCarthy deal is… Read More
EconomyCommentary
In a landmark, unanimous decision last week, the Supreme Court pushed back against the Biden administration’s regulatory overreach by returning the Clean Water Act to… Read More
EconomyCommentary
In response to the Great Recession of 2007, politicians resorted to their favorite pastime: recklessly spending other people’s money. Instead of dealing with the real… Read More
EconomyCommentary
President Joe Biden and House Speaker Kevin McCarthy, R-Calif.—both of whom are career politicians—made a deal this week. They agreed to let the federal debt… Read More
EconomyCommentary
“This is an urgent message! If you do not respond within 24 hours, we will be forced to terminate your account and foreclose on your… Read More
EconomyAnalysis
President Joe Biden and Speaker Kevin McCarthy, R-Calif., announced a debt limit deal Saturday, with a vote expected Wednesday in the House of Representatives. Heritage… Read More
EconomyCommentary
The current version of the federal debt ceiling deal does a bad job addressing student debt, despite the fact that the Biden administration’s student debt… Read More
EconomyNews
The debt ceiling deal brokered over Memorial Day weekend by President Joe Biden and House Speaker Kevin McCarthy “fails completely,” the chairman of the House’s… Read More
EconomyNews
A significant majority of Americans believe that the U.S. debt ceiling should only be raised if it’s paired with spending cuts, a CNN poll released… Read More
EconomyNews
Thirty-five Republican House lawmakers sent a letter on Thursday to House Speaker Kevin McCarthy, R-Calif., urging three specific actions regarding the debt ceiling as a… Read More
EconomyNews
House Speaker Kevin McCarthy says he isn’t certain a deal on the nation’s debt ceiling will be made Thursday as negotiations between Republican and Democrat… Read More
EconomyNews
House Speaker Kevin McCarthy, R-Calif., says that “there’s a number of places that we’re still far apart” on the debt ceiling as negotiations continue in… Read More
EconomyCommentary
Compared to Western Europe, the American middle class has it pretty good when it comes to taxes. Of course, that’s more of an indictment on… Read More
EconomyCommentary
Artificially inflated by unsustainable government policies, the labor market has been incredibly strong for workers since the COVID-19 pandemic. But the tide could soon turn… Read More
EconomyNews
President Joe Biden and Senate Majority Leader Chuck Schumer, D-N.Y., “have finally backed off their idea that they won’t negotiate” on the debt ceiling, according to House… Read More
EconomyNews
Shareholders of JPMorgan Chase & Co. rejected a proposed inquiry into “debanking” by the financial giant that may be targeting account holders based on politics… Read More
EconomyNews
President Joe Biden and Vice President Kamala Harris met with congressional leaders at the White House on Tuesday to discuss raising the debt ceiling as… Read More
EconomyCommentary
People have to accept that inflation has made them poorer. At least that’s what an economist for the Bank of England recently said. Central bankers… Read More
EconomyCommentary
During President Barack Obama’s first term, there was a massive spike in the annual deficits run up by the federal government. In fiscal 2008, which… Read More
Economy Analysis
Americans needn’t worry about the safety of their money at the bank, financial and investment expert David Bahnsen says. Three large American banks have collapsed… Read More
EconomyCommentary
“If you buy a car,” White House press secretary Karine Jean-Pierre explained the other day, “you are expected to pay the monthly payment. … It’s… Read More
EconomyNews
An economist says “families’ incomes are not keeping up with inflation” after the latest consumer price index showed inflation rose 0.4% in April, up 4.9%… Read More
Economy Analysis
The clock is ticking on America’s debt, and Republicans lawmakers are calling on President Joe Biden to agree to their plan to raise the debt… Read More
EconomyNews
President Joe Biden met with Republican and Democrat leaders Tuesday to discuss the debt ceiling as the U.S. could “run out of cash” in less… Read More
EconomyNews
Jerry Leeman III grew up in a family of commercial fishermen in Harpswell, Maine, and says he and others are ready to oppose aggressive federal… Read More
EconomyNews
The U.S. “will run out of cash to pay all the government’s bills on time” on June 8, according to Mark Zandi, chief economist at Moody’s Analytics…. Read More
