EconomyCommentary
4 Things to Know About Debt Limit Debate
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
Supreme Court Ruling Makes Waves for Biden’s EPA
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
We Traded a Debt Crisis for an Inflation Crisis, and Now We Have Both
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
The Debt Disaster
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
Biden and Media Claim Sky Is Falling, Pressure Congress to Keep Growing Debt
“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
What’s Wrong and What’s Right With Debt Ceiling Deal
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
Debt Ceiling Deal Misses the Mark on Student Loan Debt
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
Deal to Lift Debt Ceiling ‘Fails Completely,’ Head of House Conservatives Says
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
Majority of Americans Support Spending Cuts If Debt Ceiling Is Raised, Poll Finds
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
Group of House Lawmakers Urges McCarthy to Take ‘3 Specific Actions’ in Debt Ceiling Negotiations
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
‘I Don’t Know,’ McCarthy Says About Timing of Debt Ceiling Deal
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
Debt Ceiling Negotiations ‘Still Far Apart,’ McCarthy Says
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
European-Level Taxes Coming to America If US Keeps Up Unsustainable Spending
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
It’s a Gloomy Outlook for Jobs Under Biden. Here’s the Formula to Change That.
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
Biden, Schumer ‘Backed Off Their Idea’ to Not Negotiate, McCarthy Says
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
Conservatives Lose Round on Alleged Viewpoint Discrimination at JPMorgan Chase
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
‘It Is Possible to Get Deal by End of Week,’ McCarthy Says of Debt Limit Talks
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
You Will Be Poorer and Like It!
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
China Divesting From US Public Debt
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
Is My Money Safe? Financial Expert Explains Recent Bank Failures, Questions Activity of JPMorgan Chase
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
Democrats’ Debt Ceiling Position Makes Zero Sense
“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
April Inflation Report Bodes Ill for American Families, Economist Says
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
If America Defaults on Debt, ‘It Will Be 100% Joe Biden’s Responsibility,’ Sen. Rick Scott Says
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
‘Nothing Has Changed’ Since Feb. 1 Meeting, McCarthy Says on Debt Ceiling
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
Biden Administration’s 82% Cut to Allowable Catch Imperils New England Fishermen, Trade Group Warns
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
Economist Estimates Exact Date US ‘Will Run Out of Cash’ Amid Debt Ceiling Debate
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
Economy Commentary
Are Labor Markets Really Improving? Pulling Back Curtain on ‘Magic of Government Statistics’
As America enters the thick of this year’s second quarter, the repercussions of the Biden administration’s economic policies become more apparent. New numbers from the… Read More
EconomyCommentary
Time for Biden and Schumer to Stop Demagoguing and Take Debt, Spending Talks Seriously
As Americans deal with an economic hangover of high inflation and rising interest rates caused in large part by Washington’s irresponsible spending spree, House Republicans… Read More
EconomyCommentary
Congress Must End This Multibillion-dollar Government Slush Fund
A little-known slush fund at the U.S. Department of Agriculture has become a go-to funding source for billions of dollars of abusive spending in the… Read More
EconomyCommentary
What If 1 Day the Federal Workforce Just Disappeared? Turns Out, It Has
As of Wednesday, it’s been 1,143 days since workers across the country were sent home in an effort to slow the spread of the COVID-19… Read More
