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Economy

“Congress passes $886 billion defense policy bill, Biden to sign into law”

“More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back… Continue Reading…

Banking

“President Biden slams ‘reckless bill’ from Republicans to reverse funding for the IRS and its 87,000 new hires — here’s how it could affect you”

“President Joe Biden had included increased funding for the IRS in the Inflation Reduction Act to help the agency catch sneaky tax evaders — especially those high-earners who love to find loopholes. Advocates believe the increased funding could raise as… Continue Reading…

Energy

“Sky-High Electricity Is Biden’s New Pain Point Before Elections”

“For months now, high gasoline prices have been arguably the most visible political pain point for President Joe Biden. In most towns, they can be seen every few blocks on signs at filling stations. It’s the fundamental commodity Americans need… Continue Reading…

Energy

“Gas prices on verge of doubling since Biden’s first day in the Oval Office”

“The national average price for a gallon of gas is projected by Sunday to top $4.80, twice as much as the day President Biden took office. It is a staggering milestone that underscores both the everyday pain inflation inflicts on Americans and… Continue Reading…

Economy

“Debt Up $2 Trillion in 1 Year of Biden”

“When President Joe Biden was sworn in on Jan. 20, 2021, the federal government’s debt stood at $27,751,896,236,414.77. When his first year in office ended on Jan. 20, 2022, it stood at $29,867,021,509,573.92. That means that during Biden’s first 12… Continue Reading…

Economy

“Biden Eyes First Major Tax Hike Since 1993 in Next Economic Plan”

“President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter. Unlike the $1.9 trillion… Continue Reading…