Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.
Posted inBiden, Joseph R Jr Consumer Behavior Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Powell, Jerome H Republican Party Stimulus (Economic) Supply Chain United States Economy United States Politics and Government

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.
Double-Barreled Economic Threat Puts Congress on Edge
Posted inBanking and Financial Institutions Biden, Joseph R Jr Democratic Party Emergency Economic Stabilization Act (2008) Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Schumer, Charles E Senate Shutdowns (Institutional) United States Economy United States Politics and Government

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
Biden Warns That Climate Change Could Upend Federal Spending Programs
Posted inBiden, Joseph R Jr Disasters and Emergencies Federal Budget (US) Floods Global Warming Health Insurance and Managed Care Infrastructure (Public Works) Medicaid Rouse, Cecilia E States (US) United States Economy United States Politics and Government Weather White House Council of Economic Advisers Wildfires

Biden Warns That Climate Change Could Upend Federal Spending Programs

A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures, and the government’s role in adapting to them.
French Protesters Rally in Last Angry Push Before Pension Bill Vote
Posted inDemonstrations, Protests and Riots Federal Budget (US) France Labor and Jobs Law and Legislation Legislatures and Parliaments Longevity Macron, Emmanuel (1977- ) Organized Labor Pensions and Retirement Plans Personal Finances Politics and Government Railroads Shutdowns (Institutional) Strikes

French Protesters Rally in Last Angry Push Before Pension Bill Vote

Many believe the legislation to raise the retirement age to 64 from 62 will pass Parliament, and they are looking beyond the vote to fight on.