Inflation surge could mean higher taxes for Americans in many states
Spiraling inflation could mean higher taxes for millions of Americans – a phenomenon known as "bracket creep" that pushes taxpayers into higher-income brackets even though their purchasing power is unchanged due to wild surges in consumer prices.
Biden lowers spending bill target to between $1.75T and $1.9T: report
President Biden has privately informed Democratic lawmakers he is optimistic they can reach an agreement on a social spending plan capped at about $1.9 trillion, a spending target that would mark a significant reduction from the vast economic overhaul he initially envisioned, according to a report Tuesday.
Kudlow: The middle class is getting creamed by inflation
Larry Kudlow discusses reliable energy sources as the deadline approaches for the trillion-dollar infrastructure package.
Manchin says carbon tax not on the table 'right now'
Sen. Joe Manchin, D-W.Va., said Tuesday that he would not support the inclusion of a so-called “carbon tax” in President Biden’s social spending bill, presenting another potential roadblock for Democratic leaders scrambling for an agreement on the administration’s signature legislation.
Psaki cracks joke in response to supply chain crisis question: 'The tragedy of the treadmill that's delayed'
White House press secretary Jen Psaki joked Tuesday about the supply chain crisis, saying it's a "tragedy" some people may have to wait a few extra days for their treadmill to arrive.
Record backlog of ships at California ports amid supply chain crisis
A total of 157 ships are waiting at the ports of Los Angeles and Long Beach, according to data from the Marine Exchange.
Biden administration scales back IRS bank-monitoring plan amid growing pushback
The Biden administration on Tuesday endorsed a scaled-back version of a proposal that could force banks to turn over customers' account information to the IRS.
Yellen says Treasury will extend 'extraordinary measures' until Dec. 3 debt-ceiling deadline
Treasury Secretary Janet Yellen told congressional leaders Monday she will extend extraordinary cash management measures to temporarily finance the U.S. government until Dec. 3, the new deadline for lawmakers to raise or suspend the debt ceiling or risk a first-ever default.
Varney on green agenda: Biden team walking into yet another crisis
FOX Business' Stuart Varney said the Biden administration’s approach to climate change will get the U.S. into another crisis.
Biden seeks to restart stalled agenda with crucial meetings with Democratic lawmakers
President Biden is meeting with 17 total members of Congress on Tuesday as Democrats' reconciliation talks drag on.
Schumer reiterates call for Biden to cancel $50K of student loan debt per borrower 'with the flick of a pen'
Schumer renewed calls for President Biden to cancel up to $50,000 in college debt for federal student loan borrowers. Here's what the Education Department has said about loan repayment.
EPA unveils strategy to regulate toxic 'forever chemicals'
The Biden administration said Monday it is launching a broad strategy to regulate toxic industrial compounds associated with serious health conditions that are used in products ranging from cookware to carpets and firefighting foams.
Kudlow: Biden's obsession is to reverse all Trump achievements
Larry Kudlow reports on Biden's 'tremendous blow' as the global supply chain, inflation, and energy crises nightmare continues.
Pence rips Biden DOJ: 'I was there when we passed Patriot Act', It's not for parents at school board meetings
Mike Pence ripped the Biden Justice Department for its recent focus on parents speaking out at school board meetings against controversial or problematic curricula
Moderate Democrats urge Pelosi to pause plan raising corporate global tax rate
Three moderate House Democrats are urging party leaders to "pause" a key piece of President Biden's tax plan that would raise the minimum rate that U.S. corporations pay on their overseas income.
Biden to meet with House moderates and progressives Tuesday as Dems struggle reach reconciliation deal
President Biden is also making calls to many House Democrats Monday and will also go to Scranton Wednesday as he pushes for trillions in social and climate programs.
Jerome Powell renomination for Fed chair backed by key Republican senators
Support for the potential renomination of Jerome Powell as chairman of the Federal Reserve is growing among key Senate Republicans, who have indicated they could help him earn a second term to lead the central bank despite fierce criticism from progressive lawmakers.
Economist Mohamed El-Erian says potential volatility looms: 'Things will get worse before they get better'
Economist Mohamed El-Erian discussed his predictions regarding inflation, workforce shortages, and port bottlenecks on 'Fox News Sunday.'
Buttigieg says supply chain crisis ‘will continue into next year’
Department of Transportation Secretary Pete Buttigieg said Sunday on CNN that America’s supply chain disruptions are expected to continue into next year.
Reps. Hern and Harshbarger: To fix supply chain crisis we must give people incentives to get back to work
Most of America’s economic woes can be traced back to the Biden administration’s failure to prioritize return-to-work policies in the immediate aftermath of initial COVID lockdowns.



















