Stimulus

Fisher Ames – American Minute with Bill Federer

He sat next to George Washington in the pew at St. Paul's Chapel in New York during the religious service following Washington's Presidential Inauguration. He helped ratify the U.S. Constitution. His...

Yellen Admits COVID Relief Spending Contributed to Inflation

U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.

American Credit Card Defaults Hit Highest Levels Since 2008 Crisis

American credit card defaults have surged to the highest levels since the aftermath of the 2008 financial crisis, as consumers continue to grapple with years of high inflation. In the first three quarters of 2024, credit card lenders wrote off $46 billion in delinquent loan balances, marking a 50 percent increase from the same period last year. These write-offs, considered a highly monitored measure of loan distress, are the highest since 2010, according to industry data gathered by BankRegData.

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

Democrats Spend Nearly $80 Million in Attack Ads

The Democratic Senatorial Campaign Committee (DSCC) spent $79 million in ads targeting Republican Senate candidates in swing states.

Income Tax: American Minute with Bill Federer

On APRIL 15, 1865, President Lincoln died. He was shot the night before in Ford's Theater. On APRIL 15, 1912, the Titanic sank. It struck an iceberg the night...

Treasury Secretary Yellen Grilled Over High Prices at Senate Hearing

Treasury Secretary Janet Yellen acknowledged that the price levels of many goods in the United States are likely to remain high for the foreseeable...

NYC Mayor Declares ‘Help is Not on its Way’ Amid Migrant Crisis

New York City Mayor Eric Adams (D) stated that "help is not on its way" from the federal government.

NYC Mayor Announces Budget Cuts to ‘Handle National Humanitarian Crisis’

New York City Mayor Eric Adams (D) announced budget cuts to the New York Police Department and the Department of Education to handle the illegal immigration crisis in the city.

New Jersey Democrat Gov. Phil Murphy Spent Taxpayer Money at Taylor Swift Concert, Other Events

Public records reveal Democratic New Jersey Gov. Phil Murphy reportedly spent taxpayer funds at stadium events that included a Taylor Swift concert.

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