House Speaker Kevin McCarthy noted the average American family has lost the equivalent of more than $7,000 in annual income.

By: Katie Pavlich – townhall.com – April 14, 2023 This week, the Federal Reserve went into damage control mode over warnings from lawmakers, currency experts, economists and others that the federal government agency is quickly moving toward implementing a digital currency system. “Is FedNow replacing cash? Is it a central bank digital currency?” an individual submitted during a question and...

The fact is red-state elected officials keep their large, progressive cities from imposing most of the virtue-signaling, leftist policies those cities would like to impose.

The United States is a decisive power, but also a dangerous one. The concentration of power and capabilities, and the degree to which they are globally interconnected, means that an American failure would likely have disastrous consequences globally. Source: The American Crisis Intensifies – Geopolitical Futures

Prices rose by 0.4 percent in February and core inflation was up 0.5 percent, the third consecutive month that it has increased.

The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system.

The comments were Powell’s first since inflation unexpectedly jumped in January, and marked a stark acknowledgement that the “disinflationary process” he spoke of repeatedly in a Feb. 1 news conference was not unfolding smoothly.

U.S. households are racking up credit card debt as they confront relentlessly high prices for everyday necessities, the New York Federal Reserve reported Thursday.

By: Daniel J. Pilla – nationalreview.com – January 27, 2023 In what is certainly the shortest bill regarding federal revenue that I’ve ever seen come out of the House of Representatives, the House voted to rescind much of the $80 billion funding granted to the Internal Revenue Service (IRS) by the Inflation Reduction Act of 2022. The bill, H.R. 9092, known...

Progressives and most Democrats want the $31.4 trillion federal debt ceiling raised without any Republican preconditions. Better yet, in their view, it should be completely eliminated.