Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul
Posted inBiden, Joseph R Jr Democratic Party H&R Block Inc Inflation Reduction Act of 2022 Internal Revenue Service Intuit Inc Law and Legislation Lobbying and Lobbyists Regulation and Deregulation of Industry Republican Party Research Tax Preparers and Preparation United States Politics and Government

Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul

The tax preparation industry is alarmed over the prospect that the Internal Revenue Service will devise its own free tax-filing system.
Trump’s Return to Fox News Gets a Cool Reception … on Fox News
Posted inBolling, Eric DeSantis, Ron Elections Fox News Channel Hannity, Sean Ingraham, Laura A Kilmeade, Brian Murdoch, Rupert New York Post News and News Media Republican Party Television Times of London Trump, Donald J

Trump’s Return to Fox News Gets a Cool Reception … on Fox News

The network used to be a safe space for the former president. But Brian Kilmeade, Jason Chaffetz and others had tough words for Trump’s appearance on “Hannity,” his first Fox interview in months.
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.