Biden’s corporate tax hike could cost US economy 1M jobs, trade group warns

National Association of Manufacturers says 1M jobs to disappear within 2 years if the president’s proposed tax increases are approved. President Biden has pitched his nearly $2.3 trillion spending proposal as a vital investment in the U.S. economy, but the proposed tax hikes that … Read More

Biden Pushes for Quick Passage of Relief Bill as Jobs Report Shows Weak Growth

President Joe Biden, accompanied by Vice President Kamala Harris, House Democratic leaders in the Oval Office of the White House, Feb. 5, 2021. WASHINGTON – President Joe Biden said Congress must quickly pass his $1.9 trillion coronavirus relief package to … Read More

US Job Creation Beats Expectations While Unemployment Remains Above 6%

FILE – A man walks past a “Now Hiring” sign on a window at a Sherwin Williams store, in Woodmere Village, Ohio, Feb. 26, 2021. The U.S. economy created 379,000 jobs last month as the nation slowly reopens following coronavirus … Read More

Biden, Pelosi, Schumer push $1.9T stimulus as debt, deficit balloon to eye-popping amounts

The U.S. is set to borrow more money in the next 12 months than the previous 200+ years combined The U.S. national debt will swell to nearly $30 trillion if Democrats are able to ram through their COVID-19 relief package via … Read More

Here’s how many jobs Biden’s proposed $15 minimum wage could kill, according to the Congressional Budget Office

CBO report: Wage hike would reduce business income and raise prices. President-elect Joe Biden’s effort to raise the federal minimum wage from $7.25 to $15 per hour is estimated to kill as many as 3.7 million jobs, according to a recent nonpartisan analysis by the Congressional Budget … Read More

Here’s when your second stimulus check will arrive

U.S. Treasury Secretary Steven Mnuchin said on Tuesday that American households should expect to receive their economic impact payments very soon. Mnuchin said the government would begin sending out paper checks on Wednesday, which means people should begin receiving those within the next two … Read More

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