Taxpayers Fleeing California Take $8.8 Billion In Gross Income to Other States
California, with its relatively large tax burden compared to other states, has seen a taxpayer exodus in recent years and, along with it, billions...
US Jobless Claims Drop to 385,000, Another Pandemic Low
WASHINGTON—The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S....
Biden’s budget blowout predicts years of Obama-level tepid growth
“If that’s all you get, why do it?” said Larry Kudlow, director of the National Economic Council under Trump. “In case they haven’t noticed,...
Biden to push $6 trillion U.S. budget for next fiscal year – NYT
WASHINGTON, May 27 (Reuters) - President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2...
15 State Treasurers Warn They Will Pull Assets From Banks That Obstruct the Fossil...
Fifteen Republican State Treasurers sent a warning that they will pull assets from financial institutions if they give in to Federal pressure to de-carbonize...
Clinton-Era Treasury Secretary Warns Inflation Is Primary Risk to Economy, Not Excessive Slack
Larry Summers, who served as treasury secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, has issued...
Florida Becomes 23rd State to End $300 Unemployment Benefit Boost to Ease Business Hiring...
Florida officials announced an end to the $300 weekly federal pandemic unemployment compensation supplement on May 24, making the Sunshine State the 23rd state to opt...
Severe Supply Bottlenecks Add to Inflation Pressures
WASHINGTON—Worldwide supply shortages have led to price increases for raw materials in recent months, boosting production costs for many businesses. Due to the “depth...
Most Voters Want Smaller Government and Lower Taxes: Rasmussen Poll
A Rasmussen Poll released Friday, May 21, 2021 shows that a majority of likely voters prefer a smaller government with fewer services and lower taxes.
Members of...
Fed Inches Closer to Developing Central Bank Digital Currency
The Federal Reserve has announced it is taking a step closer to the potential adoption of a central bank digital currency (CBDC) by ramping...
Red States Lead the Charge In Lowest Unemployment Rates
Red states, along with lone Democrat-controlled Vermont, topped the charts in lowest unemployment rates in April, while blue states recorded the highest jobless rates, according to...
LA Considers $24 Million Universal Basic Income Program
The city of Los Angeles could become the largest city in the nation to test a universal basic income program.
The pilot program, proposed as...
