House Republicans weigh in on nation’s crises

House Republicans weigh in on nation’s crises

House Minority Whip Rep. Steve Scalise, R.La., speaks during a news conference at the Capitol in Washington, Tuesday, July 19, 2022. (AP Photo/Mariam Zuhaib)Americans are facing pain at the pump, rising consumer prices, increased crime rates and an open border. These are all issues covered by House Republicans at a recent press conference while presenting their plan moving into the coming summer recess.

Biden sells more oil reserve as energy prices spike in Europe

Biden sells more oil reserve as energy prices spike in Europe

An undated photo provided by the Department of Energy shows crude oil pipes at the Bryan Mound site near Freeport, Texas. President Joe Biden is dipping again into the nation’s petroleum stockpile to try to corral rising energy prices.The White House announced Thursday, March 31, 2022, that Biden ordered the release of 1 million barrels of oil per day from the strategic petroleum reserve for the next six months.(Department of Energy via AP)The Biden administration is releasing more oil from the Strategic Petroleum Reserve (SPR) after a failed effort to increase supply from Saudi Arabia. In a statement Tuesday, the White House said the Department of Energy would sell another 20 million barrels of oil from the reserves to stabilize the gas market.

Biden admin. dismisses recession concerns ahead of looming GDP report

Biden admin. dismisses recession concerns ahead of looming GDP report

FILE - Pedestrians pass the New York Stock Exchange on July 14, 2022, in New York. The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers keep spending, businesses keep posting profits and the economy keeps adding hundreds of thousands of jobs a month. (AP Photo/John Minchillo, File)The White House has continued to play off concerns of recession. Both the President and his aides insisted Monday that their administration does not believe the economy will hit a recession despite widespread inflation. Their dismissal came ahead of the GDP report to be released this week, which will show whether the US has experienced two consecutive quarters of shrinking.