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What recession? Americans are still powering the economy despite high inflation Key economic indicators, such as huge retail sales and historic job gains, are painting the picture of a robust economy that shows few signs of slowing down. But a smaller-than-expected drop in January inflation has some economists worried that the Federal Reserve is going…
Rep. Marjorie Taylor Greene rejects ‘Bush in heels’ Haley Rep. Marjorie Taylor Greene (R-Ga.) labeled former South Carolina Gov. Nikki Haley a “Bush in heels,” likening the newly-minted presidential candidate to former President George W. Bush — who represents a more traditional wing of the Republican Party. “Nikki Haley is just another George (or Jeb!)…
CBO warns of sharp uptick in Social Security, Medicare spending Federal spending on Social Security and Medicare is projected to rise dramatically over the next decade, far outpacing revenues and the economy on the whole while putting new pressure on Congress to address accelerated threats of insolvency, according to new estimates from the Congressional Budget…
DOJ decides not to charge Gaetz in sex-trafficking probe The Department of Justice (DOJ) has decided not to charge Rep. Matt Gaetz (R-Fla.) in its sex-trafficking investigation into him, the congressman’s office said Wednesday. The office said in a statement that the DOJ told Gaetz’s attorneys that it had concluded its probe and will not…
Biden: ‘Action is what we owe’ those grieving Michigan State shooting President Biden on Tuesday urged Congress to take action against gun violence in the wake of the shooting at Michigan State University that left three students dead and injured five others. “Our hearts are with these young victims and their families, the broader East…
Haley makes risky bet as she prepares to take on Trump Nikki Haley is poised to take a leap into the unknown next week when she becomes the first Republican to challenge former President Trump for the GOP’s 2024 nod. It’s a role that few other Republicans are eager to fill, given Trump’s penchant for…
” Monetary policy: Definition, types and tools “ What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting economic growth and stability. To affect the price and accessibility of credit,…
How DeSantis built a conservative following on education Florida Gov. Ron DeSantis (R) has leaned hard into educational issues as he burnishes his national profile ahead of a potential White House bid — and conservatives love what they see. DeSantis, who last year won reelection by the largest margin for a Florida governor in decades,…
Why Trump officials were unaware of Chinese spy balloons Former Trump administration officials have expressed frustration and confusion in recent days over revelations that Chinese surveillance balloons hovered over U.S. airspace during their time in office. As more information has emerged about the extent of China’s use of balloons to surveil the U.S. and other…
Junk fees, billionaire tax: Biden’s plans explained President Joe Biden is pursuing an aggressive economic agenda aimed at boosting worker power, taxing the rich, reducing fees and taking on dominant corporations. But with Republicans in control of the House — and eager to block the president’s wishlist — Biden doesn’t have a pathway to enact…