The Department of Education (DOE) has shifted all future spending related to the $4.4 billion in remaining COVID-19 school relief funds to a reimbursement structure after identifying massive waste, fraud, and abuse — including hundreds of thousands spent to rent out an MLB stadium and tens of thousands spent on casino hotel rooms.
San Francisco Mayor-elect Daniel Lurie will have to tackle the city’s nearly $1 billion budget deficit when he takes office on January 8, and he may be forced to cut staff and services to overcome a shortfall of the city’s own creation.
The price of a Thanksgiving turkey is certainly not what it used to be.
Now that the election is safely in the past, we are finally getting some clarity about the economically damaging inflation that crippled Biden’s presidency and swept the legs out from Kamala Harris’s attempt to become the 47 president.
During an interview with CNN’s “Axe Files” podcast released on Thursday, Treasury Secretary Janet Yellen said that the spending in the American Rescue Plan “added to the demand in areas that were supply-constrained, and so, may have played a little
Harris repeated one of Joe Biden most consistent falsehoods: the idea that Trump’s mismanagement of the pandemic had left the economy to ruins in 2021.
Democrats hope voters will forget the critical role Kamala Harris played in passing the legislation that fueled the worst price increases in four decades.
President Joe Biden’s inflationary Bidenomics spending policies ruined the economy he inherited from President Donald Trump, Breitbart Economics Editor John Carney said in a Tuesday interview with Fox Business host Larry Kudlow.
During an interview on Bloomberg on Tuesday, White House National Economic Council Deputy Director Bharat Ramamurti reacted to data from the National Federation of Independent Business (NFIB) showing that small business optimism is below average for the 17th straight month
Sen. Joe Manchin (D-WV) lobbied President Joe Biden’s administration to secure a multimillion-dollar grant on behalf of a coalition of groups that included an organization with ties to his campaign, according to Fox News.
Forty-four percent of Americans work a second job, a 13 percent increase relative to the Trump administration, a LendingClub report revealed Tuesday.
There is a clear through line from the spendthrift Biden administration policies to the current crisis.
President Joe Biden spent the weekend tweeting about the American Rescue Plan — his $1.9 trillion spending plan that many economists blame for triggering the inflation that has led, in part, to the current banking crisis.
On Tuesday’s broadcast of the Fox Business Network’s “Big Money Show,” Illinois State Sen. Willie Preston (D) discussed a report that 55 Chicago public schools have no students who are proficient in math and reading and called for an investigation
On Wednesday’s broadcast of the Fox News Channel’s “The Story,” White House American Rescue Plan Coordinator and Biden Senior Adviser Gene Sperling argued that the $1.9 trillion American Rescue Plan reduced the deficit and the fact that “we did not
On Friday’s broadcast of the Fox News Channel’s “The Story,” Rep. Nicole Malliotakis (R-NY) pointed out that the omnibus bill far exceeds the length of the $1.9 trillion American Rescue Plan COVID relief bill Congress passed in early 2021, which
On Tuesday’s broadcast of the Fox News Channel’s “America Reports,” Rep. Raja Krishnamoorthi (D-IL) stated that the provision in the American Rescue Plan lowering the reporting threshold for payments through PayPal or Venmo to $600 is a bad idea and
The IRS reminded gig workers this week to report payments over a $600 threshold made through third party payment apps, such as Zelle, Cash App, Venmo, and PayPal.
On Friday’s broadcast of “CNN Tonight,” U.S. Senate candidate Rep. Tim Ryan (D-OH) responded to House Majority Whip Rep. James Clyburn’s (D-SC) statement that “all of us knew” the American Rescue Plan would increase prices by stating that he didn’t
During an interview aired on Tuesday’s edition of Bloomberg’s “Balance of Power,” Sen. Mark Warner (D-VA) stated that the American Rescue Plan was “Absolutely” too large, but most of the COVID spending occurred under President Donald Trump and he would
The Nevada Police Union said its members “overwhelmingly” have “no confidence” in Democrat Gov. Steve Sisolak.
On Friday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Adrian Smith (R-NE) stated that people should be worried about inflation remaining high because there are still large amounts of COVID relief money that have not been spent
It’s now becoming much clearer just how unnecessary the Biden administration’s 2021 spending spree was and why it sparked the worst inflation in decades.
On Friday’s broadcast of the Fox News Channel’s “The Story,” Biden Senior Adviser Gene Sperling responded to a question on what the administration is doing to help states on the border deal with the financial burden of the problems on
Clark County Sheriff and Republican gubernatorial candidate Joe Lombardo called for a raise for Nevada State Police on Thursday and slammed Gov. Steve Sisolak’s (D) “disregard” for police as “egregious.”
On Friday’s broadcast of MSNBC’s “The Last Word,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether spending by the Biden administration contributed to inflation by saying there were supply issues and that while
President Joe Biden and congressional Democrats, with Republican help, are poised to spend $3.5 trillion during decades-high inflation.
President Joe Biden on Thursday reminded Americans suffering from inflation and high gas prices that he sent them a check for $8,000 in 2021.
First lady Jill Biden was recently heckled by protesters while on a summer program learning tour in New Haven, Connecticut.
G.K. Chesterton once said that he owed his success to having listened respectfully to the very best advice, and then doing the exact opposite.
During an interview aired on Friday’s edition of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” Sen. Bill Hagerty (R-TN) said that there is “still a great deal of inflation baked in” the economy because of unspent money from the
On Tuesday’s broadcast of the Fox News Channel’s “Fox & Friends,” Rep. Ralph Norman (R-SC) reacted to reports that $15 million in coronavirus relief went to “anti-racism” and “social activism” programs for children by stating that there “ought to be a
On Tuesday’s broadcast of the Fox News Channel’s “Fox & Friends,” Sen. Mike Braun (R-IN) reacted to reports that $15 million in coronavirus relief went to “anti-racism” and “social activism” programs for children by predicting that “We’re going to see
A federal agency funneled coronavirus relief funds from President Joe Biden’s American Rescue Plan to “anti-racism” and “social activism” programs for children.
During an interview on MSNBC on Friday, White House Council of Economic Advisers member Jared Bernstein stated that the nearly 2:1 ratio of available jobs to people looking for work and difficulty in filling jobs is due to increased demand,
Senior Adviser to President Joe Biden Gene Sperling responded to a survey showing that a majority of CEOs expect a recession in the next 18 months by stating that “we think that too many people are not looking at the more reassuring elements of resilience in this economy right now and they’re not realizing that the American Rescue Plan put a historic number of people back to work.”
Nikole Hannah-Jones, the non-historian behind the widely discredited New York Times “1619 Project,” will be receiving coronavirus relief funds from a New Jersey library to cover her speaking fees.
On Tuesday’s “CNN Tonight,” Transportation Secretary Pete Buttigieg responded to a question on whether the spending in the American Rescue Plan is partially to blame for inflation by stating that “we have a lot of the issues that are associated
During an interview with “Pod Save America” on Wednesday released on Tuesday, Sen. Elizabeth Warren (D-MA) said that all the money that the spending in the American Rescue Plan put into the economy played a role in inflation. Warren stated,
Vulnerable Connecticut Rep. Jahana Hayes claimed that “Democrats single-handedly saved the economy,” during a portion of her remarks at a virtual black caucus town hall uploaded to YouTube.
