The Biden administration is still hoping to jam the so-called Build Back Better spending plan through Congress. During a White House press briefing on Monday, Secretary Jen Psaki said negotiations on a new spending bill are underway and they include a number of Democrat lawmakers.
Inflation numbers in the US are coming close in comparison with the 1970s. One America’s Jake Yingling has more.
President Joe Biden ramps up domestic travel this week as he prepares to head out to the Pacific Northwest to continue addressing high inflation. One America’s Daniel Baldwin has more in Washington.
Rep. Ralph Norman, congressman serving South Carolina’s 5th District, gives us “The Real Story” on why Joe Biden keeps blaming our economic disaster on Putin’s so-called “price hike.”
According to the president of the National Taxpayers Union, the wealthy are now paying more than their fair share in taxes due in part to the changes in the 2017 Trump Tax Reform Act. One America’s John Hines has more from Washington.
The President of Americans for Tax Reform, Grover Norquist says that despite Joe Biden’s proposals for record high tax increases come April 15 Americans will be paying lower Trump tax rates. One America’s John Hines has more from Washington.
Mutual trade between Russia and China surged in March in response to Western sanctions. According to Chinese customs data, Russian-Chinese trade rose to an equivalent of $38.2 billion last month, which is a 28 percent increase from a year ago.
U.S. inflation reached a new near 41-year record high, the highest it has been since December of 1981. The Labor Department released the Consumer Price Index report for March, showing inflation increased 8.5 percent from a year ago. To put that number into perspective, economists say inflation is usually 2 percent.
Amid intensifying inflation, the White House has struggled to point the finger on whose to blame for the crisis. President Joe Biden has continued to blame inflation on Russia, although prices had been soaring for several months before the Ukraine crisis.