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Bidenflation

From denying inflation and claiming it was “temporary,” to passing the buck with “Putin’s Price Hike,” the White House and congressional Democrats are out of touch with the challenges Americans face. The typical family now has to spend $450 more per month to buy the same goods and services they did a year ago, prompting more Americans to rely on loans and credit cards to make ends meet, even as the Federal Reserve makes borrowing more expensive.

Brady: Resurgence of Higher Prices Has Families Digging into Savings, Delaying Retirement, and Adding Historic Levels of Debt

December 01, 2022 — Bidenflation

After the Bureau of Economic Analysis released its report for November’s personal consumption expenditures (PCE) showing core prices continued to increase (.2 percent from the previous month), Ways and Means Republican Leader Rep. Kevin Brady (R-TX) released the following statement: "There is little relief for workers or families in this report. ...

Receive $600 on Venmo? Your IRS Forms Are Coming in January

November 28, 2022 — 'Inflation Reduction Act'

If you sold a couch, re-sold tickets at the price you paid, or just did some extra work on the side, you could trigger greater scrutiny from the Internal Revenue Service (IRS). The tax agency will begin sending 1099-K forms to third-party payment ...

President Biden Doubles Down on His War on American Energy

November 28, 2022 — Bidenflation

“When President Biden rammed through $300 billion or more in higher taxes, the bulk of it was on Made-in-America manufacturing,” Ways and Means Republican Leader Rep. Kevin Brady (R-TX) said on the Brian Kilmeade Show on Fox News Radio. Rep. Brady warns Biden’s tax hikes on American manufacturing leave families and businesses vulnerable to

A Thanksgiving Dinner Cheatsheet for the Biden Economy

November 23, 2022 — 'Inflation Reduction Act'

Thanksgiving is a time to get together with loved ones and express your gratitude. It may also be the occasion for discussions about the economy at the dinner table–as even the White House has noted. Here are some useful facts to have handy for when someone mentions the Biden Administration’s ...

Prices Outpace Wages Under Biden-Flation, Creating Hidden Tax

November 17, 2022 — 'Inflation Reduction Act'

“Inflation is everywhere, and firms on Main Street, where most of us spend our money, are raising prices,” writes William Dunkelberg, Chief Economist for the National Federation of Independent Business in a new article for ...