Economy - Page 730

August 10, 2022

Grover Norquist: Biden lied his way into office with tax promise

Americans for Tax Reform president tells 'America Reports' the president's Inflation Reduction Act will raise taxes on every American.

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.

August 10, 2022

President Biden says US experienced ‘zero’ inflation in July

Joe Biden said Wednesday at the White House that there was zero percent inflation last month while urging Congress to pass the Inflation Reduction Act. 

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."

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.

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.

August 10, 2022

White House economic adviser on July inflation: ‘Our work here is far from done’

White House Council of Economic Advisers’ Jared Bernstein says July’s inflation report is ‘no victory lap’ for the U.S. economy.

August 10, 2022

White House economic adviser admits IRS hires will target tax evasion, not ‘avoidance’

White House Council of Economic Advisers’ Jared Bernstein maintains that the Inflation Reduction Act’s funding of new IRS agents will not add audits for American households making less than $400,000 per year.

August 10, 2022

Kudlow rips Inflation Reduction Act amid inflation, recession concerns: 'Regulators' paradise'

FOX Business host Larry Kudlow joined 'America's Newsroom' to discuss the status of inflation and why he considers the Democrats' spending bill 'paradise' for regulators.

August 10, 2022

Tim Scott: IRS audits will be a burden for job growth

Sen. Tim Scott, R-S.C., expresses concerns with additional IRS agents auditing Americans and shares his thoughts on the Trump FBI raid.