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CBO Says IRS Will Audit Americans Making Under $400K

Despite claims from Biden administration officials that new funding for the Internal Revenue Service (IRS) will not increase the auditing burden on individuals and small businesses, a Friday letter from the Congressional Budget Office (CBO) reveals new auditing activity targeting taxpayers who report less than $400,000 per year will be expected to contribute to about $4 billion in revenue.

3.8 Million Renters Likely To Be Evicted In Next Two Months

As pandemic eviction moratoriums expire and rent payment relief programs end across the U.S., a rental crisis is beginning to crest. About 8.5 million people...

‘IRS Agents Accidentally Discharged Guns More Often than They Intentionally Fired Them’: 2012 U.S. Gov’t Data

Data shows the IRS has a long track record of misusing service weapons and proper required training for agents using them.

Elon Musk: World Needs Oil, Gas or ‘Civilization Will Crumble’

Tech entrepreneur Elon Musk told reporters in Norway on Aug. 29 that, while sustainable energy sources should be developed, the world must continue to...

Recession Watch: Fears Return As Fed Warns Americans Of ‘Some Pain’ As Economy Braces For More Job Cuts

Fears of an impending recession once again escalated Friday after Federal Reserve Chair Jerome Powell warned economic growth will suffer as the central bank works to ease decades-high inflation

Secret Service Recaptures $2.3 Billion in Bogus Pandemic Benefits

The Secret Service said Friday it has helped recover and return to the government nearly $2.3 billion in bogus pandemic benefits, including a major new operation that netted nearly $300 million in fraudulent small business loans.

California’s Electric Grid May Not Be Ready for Gov. Newsom’s Ban on Gas-Powered Cars

On Thursday, California's Air Resources Board voted in favor of banning the sale of new gas-powered vehicles by 2035.

California Banning Sale of Gasoline-Powered Vehicles by 2035

Current gas vehicle users will be allowed to keep using them.

Minneapolis School Sued for Racist Firing Practices

School policy was to fire white teachers first.

Biden Student Loan Handout Gives up to $20K to Lawyers, Doctors Set to Make Hundreds of Thousands of Dollars

President Biden's student loan handout will provide relief for recent law school and medical school graduates who will soon earn hundreds of thousands of dollars.

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