Inflation

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.

Republican House Ends Funding for ‘Army of 87,000 IRS Agents’

Repealing IRS funding in the Inflation Reduction Act saved $70 billion.

Used-Car Prices Record ‘Largest Annualized Decline in Series’ History’

Cox Automotive reported that its Manheim Used Vehicle Value Index (MUVVI), which tracks the auction prices of used cars, plunged the most on record in December from a year ago as the auto market cools.

American Banks Prepare for Decline in Profits, 17 Percent Drop Predicted for Top Six Banks in the Fourth Quarter

Big banks in the United States are getting ready to deal with shrinking profits due to factors like an overall difficult economic environment, despite the fact that interest incomes have risen over the past year.

Trump’s Tax Returns Show Evil of the Income Tax

The final act of the Democrat majority on the House Ways and Means Committee was to make public several years of Donald Trump’s tax returns, which the Committee obtained after a prolonged legal battle.

Majority of Republicans Value Politicians’ Loyalty to Trump

65% of Republicans believe it is important for the GOP to demonstrate loyalty to Trump, 80% prefer candidates with similar policies, and two-thirds want them to share Trump's views on the 2020 election, while a majority of Republicans also prioritize investigating President Biden.

Biden Claims Record Job Creation — Here Are the Facts and Context

President Joe Biden claimed the first two years of his presidency marked record job growth following Friday’s employment report.

U.S. Won’t Send Ukraine M1 Abrams Tanks

Reportedly due to high fuel consumption and breakdown rates.

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