The New York Times reports, Republicans Denounce Inflation, but Few Economists Expect Their Plans to Help: Republicans are riding a wave of anger over inflation as they seek to recapture the House and the Senate this fall, hammering Democrats on President Biden’s economic policies, which they say have fueled the fastest price gains in 40 … Read more
The Republican budget — with the financially irresponsible Flat Tax, several other tax giveaways and miscellaneous failed bills stuffed into it to buy votes — is on the agenda today, June 22, 2021. Here we go again. This will be the third time that the House has debated versions of the largest tax overhaul in … Read more
Last week Sens. Joe Manchin and Kyrsten Sinema, who defend the filibuster, voted in favor of a budget resolution by the reconciliation process. That budget resolution includes President Biden’s $1.9 trillion COVID relief package that includes $1,400 relief payments to Americans (combined with the $600 enacted in December, rounds up to $2,000). Sens. Joe Manchin … Read more
The New York Times reports that Republicans Clash on Stimulus as Trump Says ‘Go Big’ and McConnell Demurs: President Trump clashed with his own party on Thursday over a stimulus package to stabilize the economy, calling for a big-spending plan of the kind envisioned by Democrats even as the top Republican leader declared that such … Read more
What does “defund the police” mean to you? Following the tragic and unnecessary deaths of George Floyd, Dion Johnson, Rayshard Brooks, Carlos Ingram Lopez and others at the hands of law enforcement officers, there have been calls to “defund the police.” Often the same people who say “defund the police” also add “that doesn’t mean … Read more