Category: Inflation Reduction Act

Republican Study Committee Chairman’s Bill Would Rescind Biden’s 87,000 New IRS Agents

More than $80 billion for President Joe Biden’s plan to double the size of the IRS workforce by adding 87,000 new agents would be rescinded by a bill introduced on Sept. 26 by Republican Study Committee (RSC) Chairman Jim Banks of Indiana. The $80 billion was included in Biden’s recently approved $739 billion Inflation Reduction…


GOP Study Committee Chairman’s Proposal Would Rescind Biden’s 87,000 New IRS Agents

More than $80 billion for President Joe Biden’s plan to double the size of the IRS workforce by adding 87,000 new agents would be rescinded by a proposal introduced on Sept. 26 by Republican Study Committee (RSC) Chair Rep. Jim Banks of Indiana. The $80 billion was included in the recently enacted $739 billion Inflation…


James Taylor’s Sour Note

Grammy winner James Taylor recently performed a few of his hits at the White House to commemorate President Joe Biden’s signing of the “Inflation Reduction Act.” Not only did the stock market nosedive as the event happened, but it signified a curious relationship between musicians’ cozy relationship with liberal politics that seem to run counterintuitive…


GOP to Immediately Repeal Hiring of 87,000 IRS Agents If Republicans Flip House: McCarthy

Republicans will immediately move to reverse the Biden administration’s hiring of 87,000 IRS agents if they flip the House of Representatives in the upcoming midterm elections, the top Republican in the lower chamber said on Sept. 23. “On that first day that we are sworn in, you will see that it all changes,” House Minority…


Biden and the Big Government Socialists’ Cost-of-Living Crisis

Commentary The scale of the Joe Biden-Big Government Socialists’ disaster is becoming more obvious. Scott Rasmussen has reported that 88 percent of Americans agree we are in a cost-of-living crisis. In fact 66 percent—two of every three people—said it is a serious crisis. On Tuesday, economist Steve Moore, in his invaluable Unleash Prosperity Hotline, reported…


$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Johnson

Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration is now effectively worth just 88.3 cents. Johnson, who’s been a repeated vocal critic of President Joe Biden’s handling of the economy and…


$1 at Start of Biden’s Term Now Worth 88 Cents as Inflation ‘Crushing’ Americans: Sen. Ron Johnson

Sen. Ron Johnson (R-Wis.) illustrated in a statement on Sept. 20 how soaring inflation has eroded Americans’ purchasing power, pointing out in stark terms that $1 at the start of the Biden administration was now effectively worth just 88.3 cents. Johnson, who’s been a repeated vocal critic of President Joe Biden’s handling of the economy and…


Joe Biden Has a Versailles Problem

Commentary VERSAILLES, Pennsylvania—As if to emphasize that this river town of 1,200 has zero in common with the royalty that once ruled at the eponymous location outside Paris, royalty far removed from the concerns and the despair of its people, this Youghiogheny River town is pronounced in its own unique Appalachian way: Ver-sales. That pronunciation…


Biden Is Losing the Race for the Cure

Commentary President Joe Biden recently announced, with great fanfare, his Cancer Moonshot initiative. Biden used soaring and promising rhetoric about, at last, finding a cure for one of the world’s leading killers. Speaking at the John F. Kennedy Presidential Library and Museum in Boston on Sept. 12, the president declared: “Beating cancer is something we…


Biden’s Spending Policies Result From ‘Lack of Understanding,’ Maybe Beginning of ‘Inflationary Regime’: Portfolio Manager

Tavi Costa, portfolio manager at Crescat Capital, has criticized the Biden administration’s spending measures, warning that Americans’ inflation woes might have only just begun. During the recent White House celebration of the passage of the “Inflation Reduction Act,” the president defended his government’s massive spending by saying that “we spend, but we pay.” Biden said…