[ad_1] With a pitiful first half for the stock market now in the history books, investors are assessing whether the US economy can survive a significant recession as federal Reserve Raises rates to fight the worst inflation in decades. The answer to this question has a direct bearing on the markets. Strategists say an economic […]
A Federal Gas Tax Holiday?
[ad_1] Biden close to gas tax decision. President Joe Biden says a Decision on gas tax holiday Could come this week. “I hope to make a decision by the end of the week based on the data I’m looking for,” he said. Over the weekend, Treasury Secretary Yellen said the administration was open to the […]
A Federal Gas Tax Holiday?
[ad_1] Biden closes on gas tax decision. President Joe Biden says a Decision on gas tax holiday Could come this week. “I hope to make a decision by the end of the week based on the data I’m looking for,” he said. Over the weekend, Treasury Secretary Yellen said the administration was open to the […]
Ukraine aid, school taxes and federal prison
[ad_1] Ukraine’s aid passed through the Senate $40 billion in emergency aid The package approved by the Senate right on time. The Pentagon almost ended its funding for sending weapons to Ukraine. Eleven Republicans opposed the measure. The House passed the bill last week. There is no offset involved. Schumer and Manchin Are Talking Expenses […]
Federal Budget Outlook, Booming Revenue, and Another Attempt at a State Tax Cut
[ad_1] CBO: The deficit will fall sharply this year, then rise again by 2024. Thanks to a booming economy, big increases in tax revenue, and end-of-pandemic relief, the federal budget deficit will shrink from $2.8 trillion to nearly $1 trillion in 2021, According to the Congressional Budget Office’s Annual Budget and Economic Outlook out tomorrow. […]