A majority of Americans blame President Joe Biden for the historic levels of inflation the nation is currently experiencing, according to a new poll. Conducted on Oct. 30 for Newsweek, the Redfield & Wilton Strategies poll found that out of a sample of 1,500 eligible voters, 61 percent held Biden and his policies either “significantly”…
Interest on Government Debt Set to Exceed Total Annual Defense Spending
November 2, 2022
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Business & Marketseconomic policieseconomyExecutive BranchFederal Reservegovernment debtinflationPolicies & ImpactsPoliticsUS
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The United States is on pace to spend more to maintain its debt than on its own military. In the third quarter, the federal government spent over $184 billion on interest payments on its debt. That means an annual cost of over $730 billion. Meanwhile, the Department of Defense 2022 budget was about $720 billion….
Biden Faces Growing Criticism for Self-Inflicted ‘Diesel Crisis’
November 2, 2022
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Business & Marketsdiesel crisisdiesel shortageeconomic policieseconomyenergyExecutive BranchinflationJoe BidenPolicies & ImpactsPoliticsRepublicansUSUS News
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Republicans have intensified their criticism of President Joe Biden and his energy policies for the shortage of distillate fuel oil that they’re calling a looming “diesel crisis” that will hurt American families. Data from the U.S. Energy Information Administration (EIA) show that diesel stockpiles, in October, are at their lowest level among records that go…
Biden Claims He ‘Spoke To’ Man Who ‘Invented’ Insulin, Who Died Before President’s Birth
President Joe Biden made several gaffes while stumping for Democrats in Hallandale Beach, Florida, on Nov. 1, including making the claim that he had met the man who “invented” insulin. “How many of you know somebody with diabetes and needs insulin?” Biden asked the room full of supporters. “Do you know how much it costs…
White House Deletes Post After Getting Fact-Checked on Twitter
November 2, 2022
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Business & MarketscolaCompanieseconomyExecutive BranchMedia & Big TechPoliticsSocial SecurityUSUS NewsWhite House
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The White House on Wednesday deleted a Twitter post after it was fact-checked for making an inaccurate claim about the Social Security cost-of-living adjustment (COLA) that was recently announced. “Seniors are getting the biggest increase in their Social Security checks in 10 years through President Biden’s leadership,” the now-deleted White House Twitter post said. However,…
Biden Blames Inflation on ‘War in Iraq,’ and Incorrectly Says ‘That’s Where My Son Died’
President Joe Biden incorrectly stated during a speech on Tuesday that his son died while serving in Iraq as he also initially blamed global inflation on the “war in Iraq,” before correcting himself. Biden’s latest gaffe happened on Tuesday while speaking at an event in Hallandale Beach, Florida, discussing inflation, medicare, and social security. “They…
Diesel Shortage Testing Biden’s Take on ‘America First’: Industry Insider
November 2, 2022
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america firstBusiness & Marketsdistillate fuel oileconomyenergyExecutive BranchpipelinePolicies & ImpactsPoliticsshortageUSUS News
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How the Biden administration addresses the shortage of distillate fuel oil in the United States will show if President Joe Biden will put America first, said a U.S. energy expert. “From the consumers’ standpoint, [it will show] who the Biden administration protects most, Europeans or their own citizens?” John Hunt, who worked in the energy…
Oil Industry Group Slams Biden’s Threats of Windfall Taxes, Restrictions
November 1, 2022
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2022 Midterm ElectionsBusiness & Marketseconomic policieseconomyenergyExecutive Branchoil industryPoliticsPresident BidenrecessionUS
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The industry group representing America’s oil industry slammed President Joe Biden’s recent statements threatening windfall taxes and restrictions on oil companies. Biden attacked major U.S. oil companies at a White House press conference on Oct. 31, instructing them to invest more into boosting domestic oil production and to lower consumer prices—or else face possible restrictions….
Biden Accuses Oil Companies of War Profiteering, Threatens Windfall Taxes and Restrictions
President Joe Biden took aim at oil companies on Monday, accusing them of profiting from Russia’s invasion of Ukraine while threatening to tax excess oil profits if companies do not bolster production in the United States. In remarks from the White House, Biden said he is a “capitalist” and has “no problem with corporations turning…
HHS Taxpayer-Funded Transgender Surgery Policies Under Scrutiny
U.S. Health and Human Services’ transgender policies toward children are under scrutiny, the latest federal agency to face Congressional questions over how taxpayer dollars may be pushing the issue and even funding surgeries. Rep. Nancy Mace (R-S.C.), ranking member on the Subcommittee on Civil Rights & Civil Liberties, sent a letter to Health and Human…
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