US national debt to be double GDP by 2051, raising risk of fiscal crisis: CBO
The Congressional Budget Office said Wednesday in its latest long-term budget outlook that the U.S. federal debt is likely to rise to 185% of gross domestic product by 2051.
Kansas's pro-work welfare strategy is pushing back on Biden's foolish regulations
Kansas welfare strategy is pro-work and overcomes foolish Biden regulations. Promoting ‘employment and training' makes state one of strongest for jobs.
FTC's progressive policies are kneecapping our economy
The Federal Trade Commission could make it easier for our economy to bounce back, but that isn't its Democrat leadership's goal.
As Biden asks Saudis for oil help, US energy reps say they're tired of 'vilification'
American energy industry representatives are upset that President Biden is asking for more oil abroad, rather than changing his policies at home.
Chicago Mayor Lightfoot in Europe touting city's 'thriving economy' as businesses flee city
Chicago's Democratic Mayor Lori Lightfoot is in Europe promoting her city's economy after several large corporations have decided to move out of the area.
Future of 'Abenomics' policies open-ended after assassination of former PM Shinzo Abe
Former Japanese Prime Minister Shinzo Abe, who set the tone for Japan's economic future, was assassinated Friday while giving a campaign speech in Nara prefecture.
Consumer finance bureau ‘out of control’ under Biden's director, critics say
CFPB Director Rohit Chopra is aggressively pursuing economic changes, and many pro-business groups and politicians are sounding the alarm about what they consider a "lawless" agency
Biden calls idea American Rescue Plan caused inflation 'bizarre'
President Biden, asked whether the spending of his American Rescue Plan contributed to the massive surge in inflation, defended his policies and denied responsibility.
National baby formula shortage leaves moms desperate as doctors warn against long-term health effects
Some infants in America are going hungry because of a baby formula shortage. Stores just can't keep it in stock and mothers are getting desperate.
Inflation expected to drag on Democrats until midterms, experts say as it hits 8.3% in April
April inflation numbers show prices much higher than a year ago.
Biden's inflation blame game leans on shifting scapegoats
Biden has recently made a concerted effort to blame Russia's ongoing invasion of Ukraine as the main source of economic turmoil in the U.S., pointing to disrupted markets.
Will small businesses get omicron COVID relief money in 2022? Not without a partisan fight
When Congress comes back in January, the death of the "Build Back Better" bill might create an opening for legislators to address COVID relief for small businesses.
Texas will be 'the home for semiconductor manufacturing': Gov. Abbott
Texas Gov. Greg Abbott discusses the impact of companies moving their headquarters to the state, the rise of the omicron variant and the migrant surge.
Democrats keep pushing policies that make it easy for inflation to catch fire
On Nov. 10, government statistics confirmed what most people already knew from their daily lives: prices are rising.
Biden's tax breaks for local media an effort to turn them into 'versions of leftist NPR or PBS,' critic says
President Joe Biden is proposing to give a major tax break to local media outlets as part of the $1.85 trillion reconciliation being considered by Congress.
House Dems defend plan to give work permits to millions of illegal immigrants, claim it’s ‘not amnesty’
House Democrats are defending the sweeping immigration provisions in the Build Back Better Act, while claiming that the plan to grant work permits and protection from deportation for millions of illegal immigrants is "not amnesty."
Conservative org blasts Biden admin's claim that it's 'unfair and absurd' to raise prices due to higher taxes
A conservative advocacy group is launching a new ad blasting the Biden administration’s "Bidenomics" approach to economic policy.
Psaki claims spending bill costs nothing for people earning less than $400K
White House press secretary Jen Psaki claimed Monday that President Biden's Build Back Better agenda will cost nothing for Americans who make less than $400,000.
Pete Buttigieg clarifies plan for 'two separate' infrastructure packages
Transportation Secretary Pete Buttigieg gives an update on infrastructure negotiations and discusses Democrats' plan for a larger spending bill
Ohio prepared to ‘compete’ for business investment, jobs as it slashes tax rates
Ohio is ready to reap the economic benefits of a tax reform strategy 15 years in the making – the state is just one of a handful to announce rate reductions as its economy recovers from the coronavirus pandemic.