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“US gas prices top $5 in 13 states and counting” Surging gas prices have topped a whopping $5 per gallon in more than a quarter of the country and are expected to climb even higher as the summer travel season gets underway. Price data from AAA on Tuesday showed that the statewide average of a…
“Janet Yellen recognizes ‘unacceptable levels of inflation’ in US” Treasury Secretary Janet Yellen acknowledged Tuesday that inflation has reached “unacceptable” heights, even as she defended Biden administration-backed spending bills that Republican lawmakers allege have contributed to the problem. “We currently face macroeconomic challenges, including unacceptable levels of inflation,” Yellen told the Senate Finance Committee three days…
“Don’t deport kids of visa holders past age 21” Large tech firms want the Biden administration to allow the children of work visa holders to remain in the United States past the age of 21 — or risk losing their talented parents to global competitors. Amazon, Uber, Alphabet Inc, Twitter, IBM and Salesforce jointly wrote…
“Biden draws heat for invoking Defense Production Act for solar panels” President Biden drew criticism Monday after invoking the Defense Production Act to potentially expedite the production of solar panels — with journalists and Republicans questioning the rationale for using special wartime powers. Renewable energy advocates, meanwhile, cheered the White House announcement that Biden would…
“Biden to relax China tariffs in lame bid to address inflation” In a bid to slow the soaring inflation he’s given the country President Joe Biden is looking to . . . reverse another Trump policy, specifically the last president’s 2018 tariff hikes on roughly $300 billion of Chinese goods. To be fair, for once…
“Leftist groups are taking cues from Biden and helping migrant caravans” “Do not come.” Vice President Kamala Harris’s message to illegal immigrants doesn’t seem to be getting through. A big new caravan set out Monday from the southern Mexican border town of Tapachula, with hopes of attracting as many as 15,000. And why wouldn’t they…
“Letters to the Editor — June 7, 2022” The Issue: President Biden’s low approval ratings in the midst of record-high inflation. The direction our economy and country are headed, with no relief in sight, is extremely disturbing (“Voters: It’s the Economy, Stupid,” June 6). Inflation is at a 40-year high. Gas prices are soaring daily….
“What, exactly, is Joe Biden responsible for?” Remember: It’s never President Joe Biden’s fault. Gas prices have been skyrocketing for months, hitting a national average of $4.86 a gallon before the summer driving season even starts. Not Joe’s fault, says Transportation Secretary Pete Buttigieg: “The price of gasoline is not set by a dial in…
“Biden slammed for pushing to lift tariffs on China” President Biden’s plan to lift tariffs on China will do little to ease record levels of inflation while giving Beijing the upper hand in its trade relationship with the United States, according to analysts. Commerce Secretary Gina Raimondo said Sunday that Biden has asked his team…
“Gas prices have doubled since Biden took office” The national average price of a gallon of gas has doubled since President Biden took office in January 2021 – a dubious milestone for the administration as it scrambles to tamp down inflation ahead of the upcoming midterm elections. The national average hit a record $4.86 per…