Biden budget sets up massive mystery hikes to offset Trump cuts for middle class
By Zachary Halaschak The Biden White House has said it wants to keep Trump tax cuts for the middle class after they expire, but the latest budget doesn’t offer a…
30,000 IRS Agents Target 11.5 Million Small Business Owners in Massive Fraud Investigation
Story by Toni Grzunov In a dramatic turn of events, the Internal Revenue Service (IRS) has mobilized a formidable force of 30,000 agents to pursue an astonishing 11.5 million small…
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Climate groups urge Speaker Johnson to fight back on Biden’s ‘Green New Deal agenda’
Story by Elizabeth Elkind Right-wing climate and energy groups are urging House GOP leaders to go further in their opposition to President Biden’s green energy policies. “In addition to 2023’s…
Jumbled mess’: The Bidenomics brand leaves nearly everyone — including Biden — baffled
Story by Peter Nicholas and Megan Lebowitz and Carol E. Lee and Katherine Doyle and Jake Traylor WASHINGTON — No one seems to like “Bidenomics,” the eponymous shorthand for Joe…
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Student-loan borrowers could lose more than debt cancellation if the presidential election doesn’t go Biden’s way
Story by asheffey@businessinsider.com The 2024 presidential election is quickly approaching — and there’s a lot on the line for student-loan borrowers. While most federal borrowers were not required to make…
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New GDP report indicates growing fiscal insolvency
Story by Vance Ginn Government spending is the ultimate burden on our lives as we must then fund the ways politicians expand their roles through higher taxes, higher prices, and…
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Supreme Court rules against Biden student loan debt handout
By Anders Hagstrom The Supreme Court ruled Friday that the Biden administration cannot go forward with their student loan debt handout program. In a 6-3 decision, the court held that…
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Republican Study Committee releases budget slashing spending by $16 trillion
by Reese Gorman, Congressional Reporter The Republican Study Committee, the largest ideological caucus in Congress, released its annual budget proposal on Wednesday that would cut spending by $16.3 trillion over…
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Can Biden use 14th Amendment to avert a debt limit crisis? Legal experts weigh in
By Elizabeth Elkind President Joe Biden told reporters on Tuesday that he was considering invoking a constitutional provision about the validity of U.S. debts in order to skirt House Republicans…
White House Surprised by Lack of Support for Its Debt Stance
By Yuval Rosenberg As President Biden prepares to meet next week with House Speaker Kevin McCarthy and other congressional leaders to discuss raising the debt limit, The Washington Post’s Jeff…
White House Rules Out Negotiating With GOP Over Debt Ceiling Spending Cut Proposal
By Bryan Jung White House chief of staff Jeff Zients said the Biden administration would not negotiate with GOP over its debt ceiling spending cut proposal. The administration is insisting…
House GOP Unveils Debt Limit Bill, Proposes $1.5 Trillion Debt Ceiling Increase
By Lawrence Wilson House Speaker Kevin McCarthy (R-Calif.) on April 19 unveiled legislation to increase the nation’s debt ceiling by $1.5 trillion or until March 31, 2024, whichever comes first.…