Category: public debt

What to Expect From Bidenomics

Commentary On Tuesday, Jan. 19, 2021, the Treasury secretary designate Janet Yellen outlined before the Senate Finance Committee the likely course of President Joe Biden’s economic policies in the months ahead. Given the fragile state of the U.S. economy as a result of Covid-19, Yellen favors Biden’s $1.9 trillion spending plan to provide support to the…


Rep. Mo Brooks on $2,000 Stimulus Checks: ‘Show Me How We’re Going to Pay for It’

Rep. Mo Brooks (R-Ala.) suggested on Monday that he would oppose the bid to increase the pandemic relief checks from the current $600 to $2,000, which President Donald Trump and others have called for. The Alabama Republican, in remarks to “Fox and Friends,” expressed concern about funding the more generous direct payments to American families,…