Two top economists from Democratic presidential administrations are raising the alarm about inflation this week even as the Biden administration touts its progress on the issue.
Lawrence Summers, who served as Secretary of the Treasury for President Bill Clinton and Director of National Economic Council for President Obama, pointed to the latest consumer price inflation data, saying the U.S. “has a serious inflation problem.”
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Former President Donald Trump leveled a blistering attack Saturday night against the man who succeeded him in the White House, telling a rally in Ohio that Joe Biden’s Justice Department was waging unprecedented “political repression” against MAGA supporters while his inflationary economic policies were “incinerating trillions of dollars of middle-class wealth.”
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With less than two months to go before the November midterms, the Biden Administration is refusing to release its plan to interfere in the 2022 midterms, even though a document exists at the Department of Justice (DOJ) detailing such a plan.
As reported by Breitbart, the 15-page document allegedly lays out a strategy for a “voter access” policy that will expand some of the questionable election practices that were implemented in the 2020 election. The administration reportedly plans to coordinate this rollout with several far-left groups.
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The Biden Administration’s efforts to rewrite American history continued on Thursday, with the Department of the Interior (DOI) announcing that it would be renaming 650 various monuments, geographical features, and other historic landmarks owned by the federal government.
As reported by Fox News, the new Board on Geographic Names (BOGN) voted on final new names that would replace the names of any federal land featuring the word “Squaw.” The DOI, led by far-left radical Deb Haaland, has repeatedly and falsely claimed that the word is “an offensive ethnic, racial and sexist slur, particularly for Indigenous women.”
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The Biden administration has reportedly admitted a whopping one million illegal immigrants into the United States, with the migrants likely to reside in the U.S. for at least seven years while awaiting asylum hearings.
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Republican Rep. Mike Gallagher of Wisconsin, a member of the House Intelligence Committee, denounced a “massive abuse of power” and vowed to use congressional funding powers to get transparency from the Biden administration about the Aug. 8 raid on Mar-a-Lago during a Sunday appearance on Fox Business.
“For something of this magnitude, something unprecedented, you would expect the FBI and the DOJ to go to great lengths to insure they are conducting themselves with the highest level of professionalism, but they never notified our committee — which you would expect them to do if, indeed, there was a danger posed by the classified material that was in Donald Trump’s possession,” Gallagher told former Republican Rep. Sean Duffy of Wisconsin, who guest-hosted the show, adding that many committee members found out details of the raid from news reports based on leaks from the Justice Department.
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With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda. Meanwhile, there’s little talk about bringing the cost of college under control, or why the cost of college became so outrageous in the first place.
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In the arena of politics, incompetents and charlatans can have long careers in ways that others in fields like medicine and architecture cannot. If someone botches a heart bypass operation or designs a wobbly skyscraper, the consequences of those mistakes arrive quickly and cannot be explained away. Even when their policies fail spectacularly, politicians can obscure, deflect, and mislead for years and not be held accountable.
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A national labor union representing over 100,000 federal employees pulled a document off its website after a report showed the Biden administration was using taxpayer dollars to help public unions grow their members, and as a result, their budgets.
The Center Square reported the story, which cited a news release on the National Federation of Federal Employees’ website where the labor group explicitly thanked the Biden administration for helping it recruit more federal workers.
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Alarm bells are sounding at the Department of Energy as the Biden administration has moved to triple the budget for the Weatherization Assistance Program, which provides low-income applicants with free home and apartment renovations, such as insulation, duct-sealing, new heating systems, and kitchen appliances. The last time the program was lavished with such a surge in funds, through President Obama’s 2009 stimulus bill, audits and investigations uncovered a pattern of fraud, embezzlement, shoddy work, inflated expenses for parts and materials, sketchy billing, kickbacks, and gimcrack construction.
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The Biden administration will shell out millions in grants to recruit minority farmers, ranchers and forest land owners to fill the “diversity gap,” according to a grant listing.
President Joe Biden’s Department of Agriculture (USDA) anticipates handing up to $250 million to minority colleges “to achieve equitable participation” in USDA programs for farmers, ranchers and forest land owners, the grant listing shows. Schools that receive funding will be tasked with developing scholarships and programs for minorities that provide “pathways to federal employment” with the USDA.
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The Biden administration has announced that the federal government will enact a $10,000 per borrower student loan bailout for those with annual incomes as high as $125,000 (or $250,000 for households). This legally dubious action represents an upward redistribution of wealth from hard-working taxpayers toward the higher-income minority of Americans who have a college degree, all the while doing nothing to solve the ongoing challenge of rising college costs.
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The federal Office of Personnel Management is actively helping public unions recruit more members, and critics are calling it a major conflict of interest.
OPM recently released updates to FedScope, a public database of federal employees, that will allow union leaders to recruit those employees to grow their member rolls, and as a result, their coffers.
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The 5th U.S. Circuit Court of Appeals on Wednesday threw out a lower court’s order that would have stopped the Biden administration’s moratorium on new oil and gas leasing on federal lands, according to court filings.
The 5th Circuit court appeals court vacated the Louisiana district court’s decision to block the Interior Department’s (DOI) leasing pause after Louisiana and a dozen other states filed a lawsuit against the administration, arguing that they would suffer injury from the policy, according to legal documents. The federal court determined that the lower court’s directive does not specifically outline what the Biden administration is and is not permitted to do.
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“There’s so much we don’t know!” says any liberal losing an argument about the dramatic FBI raid last week on Mar-a-Lago, Donald Trump’s Palm Beach residence and private club.
There are, indeed, some things that we do not know, but what we do know is already quite revealing. We know that the raid – which involved 30 FBI agents and three Justice Department lawyers – lasted over nine hours and was by day’s end reclassified as a “search” by all government agencies and the entire legacy media. We know that this supposed “search” was personally ordered not by FBI Director Christopher Wray, but by Attorney General Merrick Garland, a highly partisan Biden Administration appointee who has implied that parents objecting to critical race theory in public schools are domestic terrorists, and who refused to provide home security protection to Supreme Court justices in the majority of the recent ruling to overturn Roe v. Wade.
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We all know how the Biden administration, on Day One, reversed two of the most successful Trump initiatives — energy independence and border control — turning with executive orders both areas into the twin disasters that have become part of our daily lives.
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A group of Ohio and Michigan charter schools sued the Biden administration today, claiming a new rule that requires charter schools to prove public schools are over-enrolled is illegal.
The federal lawsuit, filed in the U.S. District Court for the Western District of Michigan, includes the Michigan Charter School Association and the Thomas B. Fordham Institute, a nonprofit charter school authorizer that supervises 13 charter schools in Ohio.
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The Heritage Foundation filed a lawsuit against the Department of Homeland Security (DHS) Wednesday, seeking who the Biden administration consulted in its decisions to limit immigration enforcement, according to a copy of the lawsuit obtained exclusively by the Daily Caller News Foundation.
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The Senate voted to reinstate rules helping expedite the construction of energy infrastructure that persisted under former President Donald Trump, eliminating a final rule that was previously imposed by the Biden administration.
Senate Energy and Natural Resources Chair Joe Manchin of West Virginia joined a united Republican caucus to pass a Resolution of Disapproval in a 50-47 vote by using the Congressional Review Act (CRA) to nullify the Biden administration’s National Environmental Policy Act (NEPA) regulations, according to Senate logs. The move will accelerate federal permitting for the development of crucial future energy, mining, and infrastructure projects.
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The folly of the Biden administration’s recently announced “Inflation Reduction Act” recalls Orwellian slogans such as “Slavery is Freedom.” The plan will throw fuel on the flames of stagflation while accelerating environmental deterioration. The act would raise an estimated $739 billion through tax increases and heightened IRS scrutiny to then invest $306 billion in “deficit reduction” and $369 billion in “energy security and climate change” to “reduce carbon emissions by roughly 40 percent by 2030.” If ever there were a proposal that failed out the gate, this is one.
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TWIL: What everybody thought constituted a recession no longer does.
The Bureau of Economic Analysis announced that gross domestic product (GDP) fell by 0.9 percent in the second quarter. This follows a 1.6 percent contraction in the first quarter.
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Documents obtained by America First Legal (AFL) reveal “concrete evidence” of how the Centers for Disease Control and Prevention (CDC) colluded with the social media giants to promote the Biden administration’s COVID-19 propaganda and censor Americans’ free speech, AFL reports.
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The Supreme Court blocked a Biden administration effort to limit Immigration and Customs Enforcement (ICE) arrests in a decision Thursday.
The 5-4 decision placed a national freeze on a September 2021 Biden administration memo that sought to tighten the scope of civil immigration arrests to threats to national security, border security and public safety. A judge in the Southern District of Texas vacated the guidelines in June.
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President Joe Biden, members of his administration and select social media companies must turn over documents and answer questions within the next 30 days during a discovery phase of a lawsuit alleging collusion to suppress freedom of speech, a court ruled.
The attorneys general of Louisiana and Missouri filed a lawsuit in May alleging Biden and eight high-ranking members of his administration and the government colluded with and/or coerced social media companies Meta, Twitter and YouTube to suppress “disfavored speakers, viewpoints, and content on social medial platforms.”
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The Biden administration is claiming that, under existing law, doctors are required to perform abortions in emergency situations even if state laws ban the procedure, according to new guidance issued to healthcare workers.
Biden’s Department of Health and Human Services (HHS) released guidance Monday explaining that the Emergency Medical Treatment and Active Labor Act applies to abortions in life- or health-saving emergencies. HHS Secretary Xavier Becerra clarified that this preempts state laws in a Monday letter to healthcare providers.
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A majority of registered Democrats would like someone other than President Joe Biden to be their party’s nominee in 2024, according to a poll released Monday.
Nearly two-thirds of Democrats responded that they would rather somebody else at the top of the ticket, with respondents citing the economy, inflation and President Biden’s age as major determinants for their opposition to his leading the party in 2024, according to a New York Times/Siena College poll. Biden fared particularly poorly with younger voters; 94% of Democrats under the age of 30 said they would prefer a different presidential nominee.
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Although Friday’s jobs report seemed like good news for a beleaguered economy and President Joe Biden, the report’s potential methodological issue as well as the economy’s negative growth indicate a recession is still on the horizon, according to an economist at The Heritage Foundation.
The U.S. Bureau of Labour Statistics’ job report for June, released on Friday, soothed some fears that the U.S. economy might be approaching a recession. However, negative GDP growth, rampant inflation and methodological issues within the report indicate that a recession is looming, according to E.J. Antoni, a research fellow for regional economics at The Heritage Foundation.
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The Biden administration is expanding restrictions on carbon emissions that could impact half the liquefied natural gas (LNG) export capacity in the U.S.
The Environmental Protection Agency (EPA) is expanding a rule under the U.S. Clean Air Act called the National Emissions Standards for Hazardous Pollutants (NESHAP), which places restrictions on the emission of formaldehyde and benzene from stationary combustion turbines. Starting in August, the rule will now apply to two types of gas-fired turbines that were previously left out of the regulation, the EPA announced in February.
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Ranking Member of the House Oversight Committee Rep. James Comer, R-Ky., sent a letter to U.S. Treasury Secretary Janet Yellen this week alleging that the federal agency is withholding documents that detail the foreign transactions conducted by the president’s son, Hunter Biden.
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In the latest open-borders move by the Biden Administration, there will be new alterations to pre-existing immigration law allowing migrants with known terrorist ties to enter the country legally and more easily.
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Environmental groups sued the Interior Department Tuesday to challenge the first oil and gas lease sale on public lands during the Biden administration.
A coalition of environmental groups led by Dakota Resource Council filed a lawsuit in in the U.S. District Court for the District of Columbia, alleging that the sales violate the Federal Land Policy and Management Act, which requires that the Interior Department prevent “unnecessary or undue degradation” of public lands.
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The union representing the U.S. Park Police (USPP) warned the Biden administration that staffing shortages will compromise the safety of visitors at national parks in a letter to the Department of the Interior.
The USPP is facing a “crisis of alarming proportions” in recruiting and retaining officers, Chairman of the Federal Parks Fraternal Order of Police Kenneth Spencer said in the letter sent to Interior Secretary Deb Haaland.
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The Biden administration’s messaging on immigration has created “confusion” that human smugglers and traffickers have exploited, Guatemalan President Alejandro Giammattei told the Daily Caller News Foundation in an interview.
Giammattei said smugglers know it’s easier to get people into the U.S. illegally under the Biden administration as a family, and that smugglers have used children, whether biological or not, in order to get their clients across the border. He mentioned the Biden administration’s effort to codify the Deferred Action for Childhood Arrivals (DACA) program, which prevents migrants brought to the U.S. as children from being immediately deported, as exacerbating the problem.
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The Supreme Court delivered a massive blow to the Biden administration’s climate change plan Thursday, severely limiting the power of federal agencies.
The Court, in a 6-3 decision on West Virginia v. Environmental Protection Agency (EPA), limited the agency’s authority to regulate greenhouse gases from power plants, significantly curtailing the power of the federal agency. The decision restricts the agency to regulating individual power plants and not the entire power sector.
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The left-wing assault on American energy was just dealt a swift defeat by the United States Supreme Court. And President Donald Trump’s confirmations to the bench paved the way for it to happen.
Never in my life would I think that gas prices would rise so steeply in such a short period of time that stations would run out of space on the pump screen to display the price. But the Biden Administration’s assault on American energy is simply unprecedented. They will try to pass the blame, but the American people know what’s happening. Green New Deal advocates are pushing for a great energy reset in America, and they don’t care how much it hurts you.
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The Supreme Court ruled Thursday that the Biden administration can stop the implementation of the Trump-era ‘Remain in Mexico’ policy.
The policy, formally known as the Migrant Protection Protocols, forces certain migrants to await asylum proceedings in Mexico. The Trump administration enacted the policy in 2019 to send certain migrants to Mexico to await their asylum proceedings. But, on his second day in office, President Joe Biden ended the policy, calling it both “dangerous” and “inhumane.”
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Biden Health and Human Services Secretary Xavier Becerra laughed Monday as he suggested his agency is considering using taxpayer funds to transport women to pro-abortion states so they can end the lives of their unborn babies.
During an interview with NBC News following the Supreme Court’s decision to overturn Roe v. Wade and return the issue of abortion to the states, Kate Snow asked Becerra, “What are you doing concretely in response to the Court’s decision, to try to help women?”
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Neil W. McCabe, the national political editor of The Star News Network, investigated how different state National Guards are reacting to the Army’s June 30, 2022, deadline for all active-duty and reserve components to comply with the COVID-19 vaccine mandate.
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White House Press Secretary Karine Jean-Pierre rejected criticism from Republicans that the Biden administration is to blame for the human smuggling attempt that ended in tragedy Monday in Texas, saying that the border is “closed.”
At least 46 people are dead after an 18-wheeler smuggling migrants was found in San Antonio, Texas, on Monday night. It’s one of the deadliest smuggling incidents from the U.S.-Mexico border in recent decades, according to the Associated Press.
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On Thursday, the Biden Administration’s Education Department announced its proposed changes to Title IX that would drastically affect school athletics across the country, in the name of protecting “transgender” rights.
According to the Washington Free Beacon, the proposed changes would completely eliminate the concept of gender-specific sports and spaces, such as restrooms and locker rooms, and would allow students to freely use whichever facilities they feel like. The new regulations would also label any instances of someone not using proper “pronouns” as sexual harassment.
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The Biden administration is mulling the prospect of banning new American offshore oil and natural gas drilling projects as fuel prices continue to spike, The New York Times reported Thursday.
The Interior Department’s Bureau of Ocean Energy Management, working closely with the White House to shape policy, will release its drafted five-year plan for new oil and gas drilling leases in federal waters to Congress by June 30, according to The New York Times, citing people familiar with the matter. The administration is likely to stop new offshore drilling projects in the Atlantic and the Pacific, and is considering whether to end leasing in the Arctic and Gulf of Mexico.
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Slavery has been illegal in the United States for nearly 160 years. And yet, over the past two decades, American businesses and consumers have once again begun to benefit from the horrific practice.
It’s an extremely uncomfortable truth, and for most Americans, it likely comes as a surprise. Until recently, they probably had no idea that the clothes they wear, the phones they cannot put down, and the solar panels on their roofs were made, in part, by slaves. The same cannot be said of the companies that eagerly ship jobs overseas to China and source materials from concentration camps.
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The Biden administration asked a federal court this week to uphold its ban on new federal oil and gas leasing, according to Department of Justice (DOJ) court filings.
The administration argued the U.S. District Court for the Western District of Louisiana should toss an April 29 motion from more than a dozen states asking the presiding judge to permanently nix the leasing ban, according to the Monday filings. The Louisiana court placed an injunction on the ban in June 2021, forcing the federal government to hold oil and gas lease sales until a final ruling was issued in the case.
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Amid an ongoing energy crisis nationwide, two environmental law groups are suing the Biden administration to block over 3,500 oil and gas leases that were previously greenlit in Wyoming and New Mexico.
Represented by the Western Environmental Law Center, the Center for Biological Diversity and WildEarth Guardians are suing the Department of the Interior (DOI) and its Secretary Deb Haaland, as well as the Bureau of Land Management (BLM) and its Director Tracy Stone-Manning. The government is violating the Endangered Species Act and others, the groups alleged Wednesday.
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Half of the state attorneys general in the country want the Biden administration to walk back new federal guidance on sex-based discrimination for schools and other organizations that receive federal money for food programs.
The AGs, 26 of the 27 Republicans in those offices across the country, claim in a letter to President Biden the U.S. Department of Agriculture’s guidance means states, local agencies and programs that receive federal food dollars through the Food and Nutrition Act and the Supplemental Nutritional Assistance Program could lose funding if they don’t comply, including in hiring practices.
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The spread between 10-year and 2-year treasuries, a reliable indicator of incoming recessions that has predicted almost every recession in modern economic history, inverted once again overnight Monday amid financial markets turmoil with interest rates rising rapidly, the dollar strengthening and equities markets crashing.
That is almost certainly terrible news for President Joe Biden and Congressional Democrats ahead of the 2022 Congressional midterms. The White House has attempted to highlight relatively low unemployment numbers as signs of a healthy economy, with President Biden on June 3 declaring the latest jobs numbers as “good news.”
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CNBC editor Rick Santelli unloaded on the Biden administration on CNBC’s “Squawk Box” Friday morning, saying anti-fossil fuel policies helped to spur inflation.
“What was the forward guidance with this administration on energy?” Santelli asked. “We know the answer. Maybe they can’t get things to happen faster, but by giving positive forward guidance, by not closing pipelines, by not talking pre-election about how much they don’t like fossil fuel, maybe things would have turned out a bit different.”
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The Biden administration is planning to start funding the transport of migrants from border towns to cities across the country, NBC News reported Wednesday.
The plan, which will start in the coming weeks, will involve sending migrants to Los Angeles, Dallas, Houston, Albuquerque and elsewhere, according to NBC News, which obtained internal Department of Homeland Security (DHS) documents. DHS is coordinating with local shelters to support the migrants in those cities before they make their way to other areas of the country on their own.
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Former Democrat New York City Mayor Michael Bloomberg says teachers’ unions were responsible for keeping schools locked down during the pandemic, a move that has enabled a mass exodus of students from traditional government schools throughout the country.
Given the generally poor academic achievement of America’s students, the steep drop in enrollment means states are now paying more to educate fewer children, and, “paying more for failure,” he asserts.
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U.S. Treasury Secretary Janet Yellen will testify before the Senate Finance Committee Tuesday, just days after she admitted she was wrong about inflation earlier in President Joe Biden’s term.
The hearing, which is on “the president’s fiscal year 2023 budget” will only feature testimony from Yellen, according to the committee’s website.
Biden’s budget likely will be under extra scrutiny as gas prices continue to hit record highs and inflation rises at the fastest level in decades.
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