On Tuesday, top Democrat economist Larry Summers, who served in the Clinton and Obama administrations, responded to the news that the inflation crisis worsened in August, warning that the United States still has a “serious inflation problem.” According to the newly released Consumer Price Index (CPI) report from the Bureau of Labor Statistics, inflation worsened last month
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Nine months ago, Democrat President Joe Biden said he thought that inflation had reached its peak. Since then, inflation continued to rise to its highest level in 40 years. “I think it’s
During a speech on Thursday, Treasury Secretary Janet Yellen praised the economy under Democrat President Joe Biden, saying the United States experienced “one of the quickest economic recoveries in our modern history.” Yellen’s comments came
On Tuesday, Democrat Sen. Joe Manchin (D-WV) discussed his opposition to President Biden’s student loan forgiveness plan, saying it is “excessive.” “I just thought that it was excessive. I just respectfully disagree
The Biden administration’s student-loan forgiveness will be considered taxable income in North Carolina, the state’s Department of Revenue announced on Wednesday. “As part of the American Rescue Plan, Congress enacted Section 108(f)(5)
