Newsletter Archive

September 2022

Social Security Headed for Biggest Bump in 40 Years

Good Wednesday evening. President Joe Biden and his administration are working to avert a rail strike that could wreak havoc on U.S. supply chains, fuel inflation and damage the economy. With a Friday deadline looking, Amtrak announced…

Plus: Plus, Joe Biden goes electric

Inflation Comes in HOT

Happy Tuesday! Or maybe not, as a higher-than-expected monthly reading on inflation sent stocks plunging, with investors betting that the Federal Reserve would respond by continuing its campaign of aggressive interest rate hikes. The White…

Plus: Plus, Has Biden been fiscally responsible?

An ‘Astounding’ Decline in US Child Poverty

The House will reconvene on Tuesday after an extended recess — and lawmakers are set to spend all of October campaigning for re-election, leaving precious little time to pass legislation, including a continuing resolution to extend federal…

Plus: Plus, the largest-ever drop in public education employment

Last-Ditch Effort to Save Dems’ Child Tax Credit

Cheers to all of us for making it through the week. A new king made his first appearance in the UK today, the Justice Department and former president Donald Trump’s legal team tussled over the role of a “special master,” and Major League…

Plus: Plus, trouble or Manchin's energy bill

GOP Election Win Could Bring Showdown Over Debt

Much of the world is mourning the loss today of Queen Elizabeth II, who died at age 96 after a reign of 70 years. "In a world of constant change, she was a steadying presence and a source of comfort and pride for generations of Britons,…

Plus: Plus, Yellen touts Biden economic record

Manchin Calls Out Biden’s Student Loan Forgiveness Plan

Hope you’re having a good Wednesday! Former president Barack Obama and first lady Michelle Obama were back in the White House today for the unveiling of their official portraits. The 44th president thanked the artist Robert McCurdy for his…

Plus: Plus, GOP rejects Covid funding

Republicans Plan Lawsuits to Stop Biden’s Student Debt Relief

Happy Thursday! President Joe Biden is about to give a rare primetime address to the nation from Philadelphia, where, against the backdrop of Independence Hall, he will deliver a grave — and inevitably political — warning about the threat…

Plus: Plus, California tees up $54 billion in climate spending

August 2022

Another Sign We're Not in a Recession

Good Tuesday evening. Mikhail Gorbachev, the former Soviet leader who presided over the end of the Cold War, has died at the age of 91. “Few leaders in the 20th century, indeed in any century, have had such a profound effect on their time,…

Plus: Plus, White House announces another $1.5 billion in student debt relief

The End of Free Covid Tests

Happy Monday and welcome to the final few days of August and what may be a relatively quiet news week, one made quieter by NASA’s decision this morning to postpone the planned launch of its Artemis I moon mission — and the most powerful…

Plus: Plus, $11 million for monkeypox vaccine production

Fed’s Powell Warns ‘Some Pain’ Ahead

Quite a busy summer Friday! The Justice Department released a heavily redacted version of the affidavit used to get legal authorization to search former President Donald Trump’s Mar-a-Lago estate in Florida. And Federal Reserve Chair…

Plus: Plus, Biden admin to spend nearly $100M on health care ‘navigators’

US Economy May Actually Have Been Growing Early This Year

Happy Thursday! Federal Reserve Chairman Jerome Powell is set to give a closely watched speech tomorrow at the central bank’s conference in Jackson Hole, Wyoming.

Plus: Plus, IRS chief pushes back on GOP audit claims

Biden Wipes Out $10,000 in Student Debt for Millions

How’s your Wednesday going? On this date in 1814, as the War of 1812 raged on, British forces invaded the nation’s capital and set fire to the Capitol building, still under construction, and the White House. So things in Washington, D.C…

Plus: Plus, preparing for a long, wintry slog in Ukraine

Biden May Cancel Billions in Student Debt: Reports

Happy Tuesday! On this date in 1305, Sir William Wallace — you know, Mel Gibson’s character in “Braveheart” — was executed by the English for treason. And in 2008, Barack Obama introduced one Sen. Joe Biden of Delaware as his vice…

Plus: Plus, White House budget update sees slower growth, narrower deficit

72% of Economists Expect a Recession by Mid-2023: Survey

Happy Monday! On this date in 1996, President Bill Clinton, who had campaigned on a promise to “end welfare as we know it,” signed into law the “Personal Responsibility and Work Opportunity Reconciliation Act,” which led to a dramatic drop…

Plus: Plus, will student loan relief worsen inflation?

FBI Controversy Fuels Republican Attacks on IRS

Happy Thursday! Today is the 230th day of 2022, which seems to be speeding by. On this date in 1920, the 19th Amendment was ratified, guaranteeing a constitutional right to vote for American women.

Plus: Plus, Biden admin ramps up monkeypox response

CDC Announces Major Overhaul After Botched Covid Response

The leader of the Centers for Disease Control and Prevention announced an organizational “reset” Wednesday in response to the agency’s widely criticized performance during the Covid-19 pandemic.

Plus: Plus, the battle to define Democrats’ Inflation Reduction Act

What Will the IRS Do With $80 Billion?

Good Tuesday evening! Voters are having their say in another round of closely watched primaries today, with Rep. Liz Cheney (R-WY) and Sen. Lisa Murkowski (R-AL) facing challenges from opponents backed by former President Donald Trump. “If…

Plus: Plus, the Inflation Redution Act messaging battles

Dems Seal the Deal on Climate, Health and Tax Package

Happy Friyay! The House was back in action today, sealing another win for President Joe Biden by passing Democrats’ budget reconciliation bill, the Inflation Reduction Act of 2022. Here’s what you should know.

Plus: Plus, the trouble with Texas's health coverage