Politics
White House to use tariff revenue for infant care program threatened by Schumer shutdown(Daily Caller News Foundation) – The White House will use tariff revenue to keep a food aid program afloat after its funds have dwindled throughout the government shutdown. The Special Supplemental… Read More
Culture
Moms for Liberty a lean machine amid revenue climb, modest salaries(The Daily Signal) – The parental rights group Moms for Liberty’s revenue has grown by more than 500% in its second year, according to the Form 990 it filed… Read More
Opinion
Op-Ed: Gov. Parson’s tax cut will be for every MissourianThis week, legislators are back in Jefferson City for a special session to discuss and pass Gov. Mike Parson’s historic income tax cut proposal. Under the… Read More
Economy
States owe nearly a trillion dollars in liabilities on top of unfunded pensions, report shows(The Center Square) – Unfunded state debt for things like retired public employees health care coverage continues to balloon to an unsustainable level, according to a new report. The American… Read More
Economy
Survey: A third of U.S. small businesses can’t pay rent because of inflation(The Center Square) – More than a third of small businesses can’t pay rent, newly released data shows. The small business network Alignable released new survey results that found… Read More
Economy
Poll: 88% of small businesses concerned recession is around the corner(The Center Square) – The vast majority of small business owners fear a recession in the coming year, according to a new poll. The Small Business and Entrepreneurship Council released… Read More
World Cup soccer
New law eliminates ticket taxes for World Cup games in Kansas City(The Center Square) – Missouri Republican Gov. Mike Parson on Thursday helped Kansas City meet soccer’s international governing body’s requirement for its 2026 tournament. Parson signed … Read More
Economy
U.S. Treasury Secretary says recession is not inevitable, CEOs say it is on the way(The Center Square) – U.S. Treasury Secretary Janet Yellen says that a recession is not inevitable, comments that have been met with skepticism by business leaders. In an … Read More
National
CBO: Debt to surpass GDP at record level over next decade(The Center Square) – The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross Domestic Product. Read More
National
Small businesses fear rising inflation, consider shutting down in droves(The Center Square) – The small business network Alignable released its small business inflation poll Monday, which found small businesses are very worried about rising inflation and its effect… Read More
State Government
Marijuana legalization campaign submits signatures for Missouri ballot initiativeA marijuana legalization campaign submitted signatures for a Missouri ballot initiative on Sunday. Legal Missouri 2022, the PAC supporting the initiative, stated that it submitted more than 385,000 petition signatures. Read More
State Government
Kansas City spends $1.2 million from food, lodging tax to promote neighborhood events(The Center Square) – The City Council of Kansas City is spending $1.2 million of its Neighborhood Trust Development Fund to help 131 nonprofit organizations promote neighborhood and cultural… Read More
National
72% of small businesses to increase prices due to inflation, survey finds(The Center Square) – As inflation surpasses 40-year highs, 72% of small businesses surveyed are increasing prices to keep their doors open, according to the latest Small Business Optimism Index. Read More
National
U.S. economy shrank in Q1, raising concerns about stagflation, possible recession(The Center Square) – The U.S. Gross Domestic Product, a key measure of the size of the economy, declined in the first three months of 2022, latest federal economic data… Read More
State Government
Goldman Sachs: Two-thirds of Illinois businesses still haven’t recovered from pandemic(The Center Square) – Two years after lockdowns were extended in Illinois for a second month, two-thirds of Illinois businesses say they still are having trouble making ends meet even with… Read More
National
Fed report: Inflation passed on to consumers, will continue for months(The Center Square) – Newly compiled data from the Federal Reserve shows that inflation is hurting businesses, costing consumers, and likely not going away anytime soon. The Federal… Read More
State Government
Illinois Chamber: Record inflation hurting large and small businesses(The Center Square) – Illinois businesses are reeling from record high inflation. The yearly inflation rate hit 8.5% in March – a four-decade high, according to the U.S. Department of… Read More
State Government
Bill would create fund to promote Missouri forest products(The Center Square) – A bill creating a fund to promote Missouri’s hardwood forest products would drive economic growth in southern counties in the state, according to the bill’s… Read More
State Government
Sports betting bills gaining traction in KS and MO, but Kansas bill may cause worries for Chiefs fansJEFFERSON CITY, Mo. – Both Missouri and Kansas state legislatures may be close to passing bills to legalize sports gambling. However, it seems as though the bill on… Read More
Opinion
Op-Ed: The hidden tax increase in plain sightAmericans have less money than they had last year – though taxes haven’t been raised. So what’s the problem? Inflation, which has increased at a 40-year high annual pace of… Read More
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