Federal government
Medicare rates, prescription drug costs surge under Inflation Reduction Act(The Center Square) – Medicare premiums and senior citizens’ prescription drug costs have surged since passage of the Inflation Reduction Act, according to data compiled by an advocate for seniors… Read More
Biden administration
Biden takes heavy fire, defends himself after inflation data shows continued price increases(The Center Square) – President Joe Biden came under fire from Republican lawmakers and economists Thursday after newly released inflation data showed consumer prices continued to rise in September. “President… Read More
Biden administration
Republican leadership pledges to ‘repeal’ IRS auditor expansion if GOP wins majority(The Center Square) – President Joe Biden sparked controversy for pushing through Congress increased federal funding for 87,000 new IRS employees to audit Americans, but Republican leadership has pledged to… Read More
Economy
Biden touts Inflation Reduction Act, critics say student loan cancellation offsets gains(The Center Square) – President Joe Biden touted the recently passed Inflation Reduction Act during a speech Tuesday, but analysts point to the recent student debt cancellation as an “offset”… Read More
Biden administration
Americans expect beefed up IRS to target political opponents, audit lower and middle class Americans(The Center Square) – More Americans believe the latest legislation to hire 87,000 Internal Revenue Service agents is part of a plan to audit middle and lower class Americans and… Read More
Economy
Americans don’t expect Inflation Reduction Act to actually reduce inflation, poll finds(The Center Square) – The majority of registered voters don’t expect the Inflation Reduction Act to actually reduce inflation, according to a new poll. A Morning Consult/Politico … Read More
Immigration
Budd proposes amendment to hire more Border Patrol, ICE agents instead of IRS agents(The Center Square) – U.S. Rep. Ted Budd, R-N.C., has proposed an amendment to the Democrats' $740 billion Inflation Reduction Act to redirect funding currently allocated to hire 87,000 new… Read More
Inflation
Inflation Reduction Act criticized for raising taxes, not reducing inflation(The Center Square) – As policymakers debate the so-called Inflation Reduction Act in Washington, many are saying claims of no tax hikes on the middle class are not true. The massive… Read More
Economy
Analysis: Inflation Reduction Act would increase taxes on nearly all Americans(The Center Square) – The Inflation Reduction Act of 2022 would increase taxes on nearly every American, despite claims made by President Biden. “When we pass the Inflation… Read More