Janet Yellen: Biden’s Spending ‘Did Feed’ Inflation
By Andrew Moran President Joe Biden’s $1.9 trillion American Rescue Plan did contribute to inflation, Treasury Secretary Janet Yellen conceded on May 4. Speaking in an interview with Matt Murray,…
As Democrats debate high gas prices, ‘Buy a Tesla’ remains their default policy — even for the poor
BY MATT WEIDINGER This week congressional Democrats returned to Washington from their spring recess and resumed their internal debate about how to address gas prices, which remain just off recent…
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Biden canceling student debt would make inflation worse, experts warn
By Houston Keene The inflation crisis in the U.S. will only worsen if President Biden cancels large swaths of student debt, experts warn. Maya MacGuineas, president of the Committee for…
Biden must change course to preempt food shortage
By Kelly Loeffler In America, the availability of everyday goods such as groceries and gasoline is generally a given. Even in 2020, amid the fallout of a pandemic, well-documented shortages…
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Midterm elections: Immigration, Title 42 leave Democrats in ‘bad shape,’ campaign experts say
By Marisa Schultz An already tough midterm year for Democrats is poised to get rougher when the Biden administration rescinds Title 42 next month, a move experts warn could lead…
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Biden Administration to Finally Resume Oil, Gas Leasing on Small Part Of Federal Land
By Jay Clemons The Biden administration announced Friday it would resume leasing sales for oil and gas drilling on federal land, while also sharply reducing the acreage available for leases,…
New inflation data just broke Biden’s silly ‘Putin’s price hike’ excuse
By Brad Polumbo The latest consumer price index shows that consumer prices rose 8.5% year-over-year from March 2021 to March 2022. That’s even higher than last month’s shocking 7.9% year-over-year…
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Should the Biden administration be lowering gas prices?
Ognjen Š. Miljanić, opinion contributor The Biden administration announced plans on Thursday to release 180 million barrels of oil from the Strategic Petroleum Reserve (SPR) during the next six months,…
U.S. inflation jumps again and hits 6.4% rate, the Fed’s favorite price gauge shows
By Jeffry Bartash By Jeffry Bartash ECONOMIC REPORT The numbers: The Federal Reserve’s favorite inflation calculator rose a sharp 0.6% in February and kept the increase over the past year…
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Democrats take aim at Big Oil in lead up to midterms
BY ZACK BUDRYK Democrats are looking to pin the blame on oil companies for high gas prices, potentially signaling an election-year goal of refocusing scrutiny on an issue that has…
Inflation will cost the average US household $5,200 more in 2022: Report
by Heather Hamilton Economists have now given rising inflation a suggested dollar amount for 2022 budgets. When comparing the cost of goods and services in 2021 to expected costs this…
Your electric bill is going up – a lot
By STUART VARNEY I’ve been hearing from my relatives in Britain. They’re not happy. Their electricity bills have doubled in the last two months. They are paying the price for…