Biden's Economic Crisis

The Consumer Price Index (CPI), a key inflation index, came in “hotter” than economists had projected, increasing at an annual rate of 0.5 percent in January to 6.4 percent before seasonal adjustment, the U.S. Bureau of Labor Statistics reported today. This report shows that inflation is not cooling like the Biden… Read more »

Joe Biden was supposed to deliver his FY24 budget to Congress on Monday, a deadline that he missed, and is reportedly planning to release his budget in March instead. Biden has repeatedly told Americans, “don’t tell me what you value. Show me your budget—and I’ll tell you what you value.”   Before Biden’s State of the Union Address, the American people have… Read more »

A new ABC News-Washington Post poll reports more Americans than ever before say they are WORSE off financially than before the president took office. According to the same poll, six in ten Americans argue that President Biden has accomplished  “not very much” or “little or nothing” since taking office.    Tomorrow, Joe Biden will face the nation in his… Read more »

Tonight, Joe Biden will pass the buck and double down on Democrats’ failed Far Left agenda in his State of the Union Address—but make no mistake, America is still in a state of crisis following two years of one-party Democrat rule in Washington. Luckily, House Republicans have already hit the ground running to deliver on our Commitment to America in this new House… Read more »

The Consumer Price Index (CPI), a key inflation index rose at an annual rate of rose 0.1% to  7.1%, in November on a seasonally adjusted basis after increasing 0.4% in October, the U.S. Bureau of Labor Statistics reported today.   MAKE NO MISTAKE: November's CPI report is nothing to celebrate. When Joe Biden took office, CPI was just 1.4% before skyrocketing to 40-year highs… Read more »

Producers are struggling in Joe Biden’s cruel economy this Christmas. As the majority of wholesale Christmas tree growers raise prices, families across the country could now spend up to 15% more for Christmas trees this year. Heading into the holiday season, staggering energy costs caused the Producer Price Index to rise for the second month in a row, leaving our hardworking farmers,… Read more »

Whether it’s the Christmas tree or the gifts under it, inflation is stealing Americans’ Christmas cheer this year. Over 70% of Christmas tree growers plan to raise prices this year as much as 15% in order to afford rising production costs. According to the National Retail Federation, shoppers could pay more for less as they are expected to spend up to 8% more this year on… Read more »

This Halloween will be scarier than usual, with candy prices up over 13% and pumpkin prices up over 7% since last year. According to the National Retail Federation, America’s families could have the most expensive Halloween on record, with each adult spending an estimated average of $100.45 this year.  MAKE NO MISTAKE: Joe Biden and House Democrats’ reckless spending is… Read more »

Across every state in the country, families are paying more for just about everything because of skyrocketing inflation, which was caused by Joe Biden and House Democrats’ reckless spending and failed Far Left agenda. MAKE NO MISTAKE: Inflation is a tax on ALL Americans. House Republicans have made a commitment to an economy that’s strong, and when we earn the majority, we… Read more »

In the midst of the Biden Recession, hardworking Americans are facing another rude awakening—their 401(k)s are now down 25% on average. In total, Biden’s shrinking economy has stolen a combined $2.1 TRILLION from these retirement savings, not to mention the loss in purchasing power from skyrocketing inflation.  MAKE NO MISTAKE: Our economy is NOT “strong as… Read more »