[ad_1] (Photo by Rodin Eckenroth/Getty Images) During the last two-thirds of 2020, progressive policymakers, misguided by mistaken claims of spiking hardship, pushed for unprecedented government assistance to families. Coming after extraordinary federal policy interventions in March and April, this additional assistance proved unnecessary to prevent hardship from rising above its all-time low pre-pandemic levels. With
Democrats
[ad_1] Democrats are currently considering including a tax break for the wealthy in the reconciliation bill — but Sen. Bernie Sanders (I-Vermont) has rejected the proposal, calling the idea “beyond unacceptable.” Democrats are debating adding a repeal of the SALT tax deduction cap for five years in their Build Back Better Act. Under the current
[ad_1] November 3, 2021 | Portman Difference Senator Portman joined FOX Business’ Kudlow this afternoon to outline his concerns with the Democrats’ reckless tax and spending bill, arguing that trillions in new spending and taxes will stifle economic growth, kill jobs, balloon the national debt, and increase inflation. He also highlighted the negative impact surging
[ad_1] When Lawrence Summers tweeted on Sunday that he is “certainly no left wing ideologue,” it wasn’t a Halloween joke. Summers is a famous academic who served as Chief Economist of the World Bank and President of Harvard University. He was influential in crafting the economic policies for two center-left Democratic presidents — Bill Clinton (serving in
[ad_1] The White House released on October 28th a framework for the Build Back Better agenda—a massive, $1.75 trillion spending bill that will radically transform the American way of life as we know it—and Democrats in Congress are intent on rapidly moving it immediately. We asked analysts from The Heritage Foundation to examine what is in the
[ad_1] The skyrocketing stock market has helped push billionaires’ net worth up by more than $2 trillion since the start of the pandemic through mid-October, according to a recent report by Americans for Tax Fairness and the Institute for Policy Studies Program on Inequality, which analyzed Forbes data. Their windfall came at the same time
[ad_1] By Frank C. EvansJoe Biden and the Democrats have controlled the presidency, as well as the U.S. House and Senate, for nine months and have made wholesale changes. It’s time to ask yourself, “Are you and your country better off under their policies?” Let’s examine the results: Energy policy Biden cancelled the Keystone Pipeline
[ad_1] The new taxes and tax increases meant to pay for President Biden’s massive $1.75 trillion social spending bill would raise nearly $470 billion fewer than the White House claims — and won’t bring in enough to match the legislation’s total outlay, according to a new analysis from the University of Pennsylvania’s Wharton School of
[ad_1] WASHINGTON — Senate Democrats plan to tax the richest of the rich, hoping to extract hundreds of billions of dollars from the mountains of wealth that billionaires sit on to help pay for their social safety net and climate change policies. The billionaires tax would almost certainly face court challenges, but given the blockade
[ad_1] For a master class in doublespeak – the use of banal-sounding and euphemistic language designed mainly to obscure the facts – it’s hard to beat Treasury Secretary Janet Yellen’s CNN interview earlier in the week. Desperate to find new revenues to fund their $1.85-trillion package of social-welfare and climate-change-related spending, the Biden administration and
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