Economy
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Taxpayers Foot the Bill as Gov. Hochul Heads to Italy and Ireland
(Luis Cornelio, Headline USA) Being New York’s governor certainly has its perks, especially when it comes to lavish trips, all funded by taxpayers. Just ask Gov. Kathy Hochul. This week, she’s off to Italy and Ireland for meetings and conferences on climate and the economy. First up, New York taxpayers are covering Hochul’s expenses for a…
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Psaki Retracts Claim: Biden DID Disrespect Gold Star Families at Kabul Ceremony
(Luis Cornelio, Headline USA) Jen Psaki, the former White House press secretary turned MSNBC mouthpiece, faced intense backlash after attempting to assert that President Joe Biden never glanced at his watch during a ceremony for the soldiers killed in Kabul. Gold Star family members took the lead in criticizing Psaki during interviews with the New York…
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Americans Aren’t Convinced the Fed Is Winning the Inflation Fight
(Mike Maharrey, Money Metals News Service) Fed officials and people in the Biden administration insist “we” are making progress in tamping down price inflation. Many market analysts are optimistic enough to believe that the central bank will be able to cut interest rates this fall. But the average American isn’t so sure the Fed is…
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Trump Tax Cuts Becoming Important Election Year Issue
(Casey Harper, The Center Square) – The sweeping Trump-era tax cuts in the Tax Cuts and Jobs Act of 2017 are set to expire next year, setting up the tax debate as a potentially key political issue this election year. While illegal immigration and inflation top Americans’ list of concerns, both parties are increasingly talking…
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Former Obama Adviser Blasts Biden’s ‘Terrible’ Economic Messaging
(Headline USA) Former Obama adviser David Axelrod blasted President Joe Biden this week, arguing the president’s economic messaging was a “terrible mistake.” Axelrod was responding to a sit-down Biden did on Wednesday with CNN’s Erin Burnett, who grilled Biden on the state of the economy and voters’ disapproval of the way he’s handled it. YOUR REACTION:…
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13 Fed. Judges Won’t Hire Law Clerks from Columbia Law School
(Dmytro “Henry” Aleksandrov, Headline USA) Thirteen federal judges said on May 6, 2024, that they would no longer hire law clerks from Columbia College and Columbia Law School, citing the “explosion of student disruptions” and the “virulent spread of anti-Semitism” at Columbia, which has now canceled its main graduation ceremony because of the violent protest.…
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‘YIKES’: Pelosi Goes Ballistic at MSNBC Anchor Who Called Her Bluff
(Luis Cornelio, Headline USA) Former House Speaker Nancy Pelosi, D-Calif., appeared for a softball interview on MSNBC on Monday but quickly became enraged when the anchor called her out on a politically inconvenient fact. Pelosi participated in a live interview on Katy Tur Reports, where she attempted, albeit unsuccessfully, to make the case against former President Donald…
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Congress’s Inaction on Debt ‘Irresponsible,’ Says Former Comptroller
(Brett Rowland, The Center Square) The former U.S. Comptroller General said Congress’ failure to address the federal debt burden was “irresponsible.” David Walker, former Comptroller General of the United States and a member of the Main Street Economics Advisory Board, said recent economic data should prompt lawmakers to take action before the debt problem gets…
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JD Vance Calls Out Graham: Europe, Not America, Should Fund Ukraine
(Luis Cornelio, Headline USA) Sen. JD Vance, R-Ohio, is pushing back against the notion that the United States can sustainably finance multiple global conflicts without compromising its national security. During the latest installment of Fox News Sunday, Vance responded to Sen. Lindsey Graham, R-S.C., who had defended the allocation of $60 billion in taxpayer funds to…
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Biden Calls Economy ‘Strong’ Despite Poor GDP Growth
(Casey Harper, The Center Square) – President Joe Biden on Thursday defended newly released economic growth numbers that fell way short of economists’ expectations. Federal data shows the U.S. Gross Domestic Product grew at an annual rate of 1.6% in the first three months of this year, down from 3.4% in the previous quarter. The…
