RECESSION
Biden signs $740B Inflation Reduction Act into law
President Joe Biden poured $740 billion on top of red hot inflation with the stroke of a pen. On Tuesday, he was met with cheers as as he signed the so-called Inflation Reduction Act into law.
Ron Paul: Biden is pushing the ‘Inflation Production Act’
Former Congressman Ron Paul (R-Texas) referred to President Joe Biden’s newest spending package as the ‘Inflation Production Act.’ Paul said the so-called ‘Inflation Reduction Act’ is estimated to cost the American taxpayer dearly.
US inflation up 8.5% in July year-over-year, yet Biden claims it’s at 0%
The Consumer Price Index report for July shows inflation is up 8.5 percent from a year ago. The Labor Department released the report Wednesday, indicating inflation cooled down from 9.1 percent in June.
Sen. Rounds slams Dem inflation bill
Sen. Mike Rounds (R-S.D.) asserted that the so-called Inflation Reduction Act would only make the current economic situation worse.
Biden says Americans need Inflation Reduction Act, economists disagree
The Biden administration has paired up with Big Business to promote its latest social spending bill. The President said a Democrat-backed spending binge will combat inflation, but hundreds of economists disagree.
Farm Industry Growing Concerned Amid RecessionPoll: GOP to get 230 House seats in Nov. midterms
A new poll claims Republicans would get a slight advantage over Democrats in the House of Representatives after this year’s midterms. According to CBS News’ “battleground tracker,” the GOP would secure 230 seats in the House this November while Democrats would hold 205 seats.
Biden: Reconciliation spending package will lower inflation
President Joe Biden claims the latest proposed reconciliation package will bring down rampant inflation. During a press conference at the White House Thursday, he asserted the bill will lower the cost of living for Americans and even cut the federal deficit.
House Minority Leader McCarthy: Democrats have no plan to help Americans
With the House of Representatives heading towards its summer recess, the House Minority Leader updated the press in his first solo conference since March. On Friday, Rep. Kevin McCarthy (R-Calif.) explained his worries about the future while addressing issues he believes have been caused by unified Democrat control of Washington