Inflation

McCarthy Promises to Repeal Funding for 87,000 New IRS Agents If Republicans Win House

The new agents' funding comes from the Inflation Reduction Act.

Recession Watch: ‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses

Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign...

CCP Diplomat Tried to Lobby US Lawmakers to Deflect Blame for Causing US’ Fentanyl Crisis

The Chinese regime’s top diplomat has been reaching out to members on the House Intelligence Committee to deflect responsibility for the flow of illicit fentanyl into...

Americans Have Lost $4.2K in Income Under Biden

The average American has lost $4,200 in annual income since President Biden took office — entirely wiping out gains made under the Trump administration, an analysis from the Heritage Foundation shows.

Home Sales Drop Nearly 20% Year-Over-Year as High Interest Rates Continue to Dampen Buying

U.S. home sales plummeted year-over-year last month, declining as well on a monthly basis in an ongoing indication of the cooling housing market amid rising interest rates.

What the Fed’s Jumbo Rate Hike Means for Your Budget

The Federal Reserve raised interest rates by 75 basis points during its September Federal Open Market Committee (FOMC) policy meeting.

Joe Biden: ‘Not Rational’ to Deport Migrants

President Joe Biden suggested on Tuesday it is “not rational” to return economic migrants to their homes in the autocratic states of Cuba, Nicaragua, and Venezuela.

Bexar County, TX Sheriff Investigating DeSantis’ Role in Moving Migrants to Martha’s Vineyard

The Bexar County Sheriff has launched an investigation to look into Florida Gov. Ron DeSantis' involvement in flying immigrants to Martha's Vineyard.

Biden’s Executive Orders to Date Have Cost Taxpayers Over $1 Trillion

President Joe Biden has issued 99 executive orders since taking office in 2021.

$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Johnson

Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents.

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