Inflation

IRS Hasn’t Planned Details of How $80 Billion Windfall With Affect Middle Class

The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.

Biden’s Approval Rating ‘Underwater’ as Re-election Loom: CAPS-Harris Poll

Only 42% of respondents "strongly" or "somewhat approve" of Biden's job as president.

U.S. Treasury Buys Time for Biden and GOP on Debt Limit Deal

The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.

Davos Is So Predictable

These days, world leaders are meeting in Davos.

China Records 1st Population Fall in Decades as Births Drop

China’s population shrank for the first time in decades last year as its birthrate plunged, official figures showed Tuesday, adding to pressure on leaders to keep the economy growing despite an aging workforce and at a time of rising tension with the U.S.

Household Wealth Optimism Collapses, Global Survey Shows

Barely two in five people believe their families will be better off in the future, according to a regular global survey that also identified growing levels of distrust in institutions among low-income households.

Republicans Introduce Bill to Defund the World Health Organization

Legislation would "prohibit the United States from providing assessed or voluntary contributions to the WHO."

House Dems, GOP Unify to Block Biden from Selling U.S. Oil Reserves to China

House of Representatives passes legislation banning sale of oil from Strategic Petroleum Reserve to China with bipartisan support.

FAA System Failure Is Everything Wrong With Government and Who Leads It

As RedState reported, hundreds of flights were delayed or canceled early on Wednesday morning because of an FAA system outage, leaving passengers once again stranded and unable to get to their destinations.

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