Inflation - Page 139

White House blasted for claiming ‘zero’ inflation after latest CPI report: ‘Lying to everyone’

August 10, 2022

White House blasted for claiming ‘zero’ inflation after latest CPI report: ‘Lying to everyone’

Twitter slammed President Biden and his press secretary for asserting that inflation is at "zero," though the real rate is only .2% less than the 40-year high.

CNBC market correspondent: 'Nobody has the guts yet to call a peak in inflation'

August 10, 2022

CNBC market correspondent: 'Nobody has the guts yet to call a peak in inflation'

CNBC's Dominic Chu said on MSNBC's "Morning Joe" Wednesday that "nobody has the guts" to say inflation has peaked because "things have gotten so pervasively bad."

Vulnerable House Democrats won't say if they plan to vote for Manchin Inflation Reduction Act

August 10, 2022

Vulnerable House Democrats won't say if they plan to vote for Manchin Inflation Reduction Act

House Democrats in tough midterm races refused to say how they plant to vote on the Inflation Reduction Act or how they feel about hiring thousands of new IRS agents.

White House economic adviser admits July inflation report is ‘no victory lap’

August 10, 2022

White House economic adviser admits July inflation report is ‘no victory lap’

White House Council of Economic Advisers member Jared Bernstein admits consumer prices cooling in July is "no victory lap," with key areas still seeing 40-year high inflation.

Why Biden’s winning hand may be too late to boost his 2024 prospects

August 9, 2022

Why Biden’s winning hand may be too late to boost his 2024 prospects

Joe Biden has had a hot streak of accomplishments in recent weeks. He's accomplishing what he set out to do but it's unclear if the party will be convinced.

Sen. John Thune: IRS agent is coming to a neighborhood near you

August 8, 2022

Sen. John Thune: IRS agent is coming to a neighborhood near you

Senate Minority Whip John Thune calls out the Inflation Reduction Act for targeting middle-income Americans through expanding the IRS on "Special Report."

CNN celebrates ‘legacy-defining’ Inflation Reduction Act passage for Biden: ‘Huge legislative victory’

August 8, 2022

CNN celebrates ‘legacy-defining’ Inflation Reduction Act passage for Biden: ‘Huge legislative victory’

CNN shows heaped praise after praise on President Biden and the Democrats for passing the Inflation Reduction Act through budget reconciliation on Sunday.

Sen. Tim Scott: Democrats' spending bill really the 'Inflation Seduction Act'

August 8, 2022

Sen. Tim Scott: Democrats' spending bill really the 'Inflation Seduction Act'

Sen. Tim Scott said the Inflation Reduction Act does nothing to bring down a 41-year inflation high, as the multibillion-dollar spending package passed over the weekend.

Pompeo: 'No one needs 86,000 more IRS agents' proposed by Inflation Reduction Act

August 8, 2022

Pompeo: 'No one needs 86,000 more IRS agents' proposed by Inflation Reduction Act

Former Secretary of State Mike Pompeo joined 'The Story' Monday to put Senate Democrats on blast for the Inflation Reduction Act's proposed costs and consequences.

Member of GOP leadership says IRS could 'bully the middle class,' target conservatives, if Manchin bill passes

August 8, 2022

Member of GOP leadership says IRS could 'bully the middle class,' target conservatives, if Manchin bill passes

Rep. Tom Emmer cautioned that the Inflation Reduction Act's IRS funding increase could be used to target conservative groups, an apparent reference to the 2013 IRS scandal.