Newsletter Archive

March 2023

Pharma CEO Blasted for Vaccine Price Hike

Good evening. The Fed raised rates again on Wednesday and Moderna’s CEO was in the Senate hot seat. Here’s what we’ve been watching.

Plus: Plus: Fed signals rate hikes could end soon

Decision Day Looms for the Fed

Happy Tuesday! Team USA is about to take on Japan in the World Baseball Classic championship game. Who’s pumped?

Plus: Plus: Your Tuesday news roundup

‘Five-Alarm Fire’: White House Slams GOP Budget Proposal

Happy Monday! This could be a momentous week, as the Federal Reserve’s policymakers will meet Tuesday and Wednesday to decide whether to raise interest rates again or pause given the fresh concerns about some corners of the banking sector…

Plus: Plus: Health care spending growth continues to slow

Yellen Trashes GOP Plan to Prioritize Debt Payments

Good Thursday evening! March Madness is in full swing as No. 15 Princeton just beat No. 2 Arizona, following an upset of Virginia by 13th-seeded Furman. Is your bracket busted yet?

Plus: Plus: Taxpayer Advocate critiques the IRS's $80 billion funding boost

GOP Budget Goal Would Require ‘Massive’ Cuts

Happy Wednesday! President Joe Biden talked about drug prices while his budget chief sparred with lawmakers over the White House budget and the president's charge that Republicans want to cut Social Security.

Plus: Plus: 27 drugs to face Medicare rebate penalties

Warning Signs in New Inflation Report

Happy Pi Day! You can celebrate the ratio of a circle’s circumference to its diameter by reading this, or maybe by grabbing a slice of a yummy baked good.

Plus: Plus: Trump rips DeSantis over Social Security

Will the Fed Slam on the Brakes After Bank Failures?

It was a tumultuous Monday for the U.S. banking sector. President Joe Biden, the Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corporation have all sought to shore up confidence in the financial system in…

Plus: Plus: Republicans push for tighter SNAP work requirements

Freedom Caucus Issues an Ultimatum

Happy Friday! The Oscars are this weekend, and some of our friends play a game in which they use the titles of nominated movies to plan their party dishes — like Everything Everywhere All at Once bagels or Avatar: The Way of Watermelon or…

Plus: Plus, jobs market still booming

What’s in Biden’s $6.9 Trillion Budget

It’s budget day! Here’s what you need to know about the budget plan President Biden rolled out today.

Plus: Plus: Key takeaways from the president's plan

Biden to Propose Nearly $3 Trillion in Deficit Cuts

Happy Wednesday! Things are heating up all over. The National Park Service says that a Yellowstone National Park wildlife biologist spotted the first grizzly bear of the year to emerge from hibernation yesterday. And President Biden is set…

Plus: Plus: Republicans plan for possible debt default

Biden Pitches New Taxes on Rich to Help Save Medicare

Hope your Tuesday is going well! Though it's National Cereal Day, we're focused on Medicare funding and the debt limit, not Fruit Loops or Frosted Flakes. Here's what's going on:

Plus: Plus, Powell on inflation

Surprise! The IRS Is Doing Better

Happy Monday! This will be a big week for developments in the key fiscal fights of the year, as President Joe Biden is set to release his budget request on Thursday. Biden will unveil the plan with “unusual fanfare,” Reuters notes,…

Plus: Plus: Fitch warns on US credit rating

How Biden May Try to Shore Up Medicare

Welcome to the weekend! Take a minute or two to read the story of Paris Davis, the Army veteran who was awarded the Medal of Honor by President Biden on Friday.

Plus: Plus: Conservative attack ads target Biden on Medicare

Biden Says GOP Is ‘Manufacturing a Crisis’

As he prepares to release his budget next week, President Joe Biden is continuing to try to grab the mantle of fiscal responsibility and frame the battle ahead with House Republicans over both a federal spending plan and raising the debt…

Plus: Plus: Biden wants $1.6 billion to combat Covid aid fraud

February 2023

Supreme Court Skeptical of Biden’s $400 Billion Student Debt Plan

Good Tuesday evening! President Joe Biden’s $400 billion student debt cancellation plan seemed to be viewed with significant skepticism by a majority of Supreme Court justices during oral arguments on Tuesday. Many analysts expect the…

Plus: Plus, $90 billion wasted in Afghanistan

Biden Ramps Up Pressure on Republicans

The Supreme Court is slated to hear oral arguments tomorrow on President Joe Biden’s halted plan to forgive hundreds of billions of dollars in student debt for millions of Americans. And the president is scheduled to meet separately with…

Plus: Plus, Yellen sees soft landing for economy

Sticky Inflation Raises Odds of Recession

A somber Friday as the world marks the one-year anniversary of the Russian invasion of Ukraine. The leaders of the Group of Seven nations released a statement saying they are committed “to intensifying our diplomatic, financial and…

Plus: Plus, billions more for Ukraine

Biden Mulls Social Security Rescue Plan

Sen. Bernie Sanders (I-VT) is trying to convince President Joe Biden to embrace a plan that would fully fund Social Security for more than seven decades, as well as raise benefits by $2,400 a year.

Plus: Plus, debt ceiling rate risks