News

CBO: Democrats’ Spending Spree Will Make Inflation Even Worse For Years

So much for fiscal responsibility. The Congressional Budget Office (CBO) score of Democrats’ “Build Back Bankrupt” spending spree didn’t stop the House of Representatives from passing the legislation last Friday. Ironically, House Minority Leader Kevin McCarthy, R-California, did more to delay the vote on the bill, speaking on the House floor for more than eight hours Thursday night and postponing…

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Congress, News

How House Democrats’ Reconciliation Bill Could Face The Senate Shredder

On November 2, five House Democrats—enough to block the passage of the spending spree that the party hopes to enact via the budget reconciliation process—wrote to House Speaker Nancy Pelosi, D-California, urging her “to only bring a bill to the floor for which we have a strong level of confidence…will be ruled in order by the Senate parliamentarian and earn…

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Congress, News

A Republican Vote To Raise The Debt Limit Is A Vote For Democrats’ $3.5 Trillion Spending Spree

According to conventional wisdom, congressional Republicans have no power to block Democrat plans to ram through $3.5 trillion in tax increases and new spending on welfare programs (among other things). Democrat lawmakers hope to use the budget reconciliation process to pass the legislation through the Senate with 51 votes — all Democrats plus Vice President Kamala Harris. Under this theory,…

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News

Joe Biden’s Economy Is Already A Disaster. Here Is The Chart That Proves It

What is all this “Biden inflation tax” talk really about? What is the actual effect of inflation on the lives of real people? Well, below is a chart that compares yearly wage and inflation rates for each month from 2017 through July of this year using Bureau of Labor Statistics data. Wage rates are in blue and inflation (as measured by the consumer price…

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Congress, News

Democrats’ $3.5 Trillion Budget Resolution Would Transform The U.S. Economy As We Know It

The weeks upon weeks of negotiations leading up to the passage of a $1 trillion infrastructure bill were just the prelude to the absolute whopper that is the Bernie Sanders budget resolution, which hit the wires Monday morning and will hit the Senate floor Tuesday. The $3.5 trillion document is a full-on attempt to remake the American economy, the labor markets,…

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News

U.S. Economy Underperforms Amid Rising Inflation And Supply Chain Shortages

Amid an economy inflated from massive government handouts and supply chain disruptions, U.S. gross domestic product (GDP) increased at a 6.5 percent annual rate in the second quarter of 2021, falling significantly short of federal projections. The Commerce Department’s report released Thursday indicated U.S. GDP did not surge from April to June after the first quarter’s 6.3 percent annual growth…

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News

Democrats Angry Debt Limit Might Pause Their Overspending Spree

A typical Washington fight erupted last week, as Democrats expressed outrage at the thought of anyone or anything slowing down their “tax-and-spend express.” The controversy emerged when Senate Minority Leader Mitch McConnell, R-Kentucky, made comments to Punchbowl News regarding an increase in the debt limit: I can’t imagine there will be a single Republican voting to raise the debt ceiling…

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Health, News

Biden’s Plan To Raid Medicare Shows His Callous Disregard For Math And Voters

The budget President Biden recently submitted to Congress resembles President Obama’s fiscal blueprints in many respects. It taxes too much, spends too much, and with $14.5 trillion in new federal debt, it certainly borrows too much. But Biden’s budget reflects his Democrat predecessor in another aspect: It uses hundreds of billions of dollars from Medicare to pay for (among many…

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