Newsletter Archive

May 2021

Secret Service Seizes Billions in Fraudulent Covid Relief Payments

“Anyone who is fully vaccinated can participate in indoor and outdoor activities, large or small, without wearing a mask or physical distancing. If you are fully vaccinated, you can start doing the things that you had stopped doing because…

Plus: Plus, Biden and GOP senators optimistic after infrastructure talks

Republicans Draw a ‘Red Line’ on Biden’s Infrastructure Plan

President Joe Biden hosted the top four congressional leaders at the White House Wednesday for a meeting on infrastructure that yielded little progress and showed just how far apart the two sides remain, with Republicans insisting that…

Plus: Plus, inflation surge could be bad news for Biden’s spending plans

Could Democrats Blow Up Biden’s Tax Plans?

As President Joe Biden works to court lawmakers and win support for his $4 trillion in tax and spending proposals, most of the speculation has been about whether he can find common ground with Republicans on an infrastructure deal. But…

Plus: Plus, Republicans take aim at unemployment benefits

Shockingly Weak Jobs Report Spurs Partisan Clash

The U.S. economy added 266,000 jobs in April, an impressive number in ordinary times but a huge disappointment for forecasters expecting to see about 1 million new jobs during the month as the recovery from the Covid-19 pandemic continued…

Plus: Plus, the USPS lost less money last quarter

US Incomes Soar on Covid Relief Payments

President Joe Biden said earlier this week that he is open to compromise on his plan to raise the corporate tax rate, and on Thursday cited a range of rates he would be willing to accept: between 25% and 28%.

Plus: Plus - Biden talks corporate rates

Biden Says He’s Willing to Compromise on Major Tax Hike

Claiming that President Joe Biden is trying to turn the U.S. into "a socialist country," Senate Minority Leader Mitch McConnell (R-KY) said Wednesday that he aims to prevent the new president from achieving his goals.

Plus: Plus, who would be hit by Biden's capital gains tax hike

Yellen Spooks Investors With Talk of Rate Hikes

Treasury Secretary Janet Yellen suggested in an interview with The Atlantic that interest rates may have to rise to keep the economy from overheating if President Joe Biden’s spending plans are enacted.

Plus: Plus, Biden sets a new goal for Covid vaccinations

McConnell: ‘Zero’ GOP Support for Biden’s Big Plans

As President Joe Biden works to sell his $4.1 trillion plans for infrastructure and safety-net programs — and the tax hikes on corporations and the wealthy that he proposes to help pay for them — Republicans are looking to set the terms…

Plus: Plus - US may never hit herd immunity

April 2021

Biden Cancels Trump Border Wall Projects Funded by Military

Former President Donald Trump diverted funds from the Department of Defense in 2019 to help fund his border wall with Mexico, using his emergency powers to move the money after Congress refused to provide the billions of dollars he…

Plus: Plus, relief checks produce record income growth