Tag: inflation

Biden Administration Urges Congress to Act Quickly on Debt Ceiling

Tom Patriot

The Biden administration is urging Congress to raise the debt ceiling before June. They are warning that failure to do so could have catastrophic consequences for the US economy…  Biden Administration Urges Congress to Raise Debt Ceiling Before June The current debt ceiling was set in 2019 and has been suspended since then, but it will expire on July 31st of this year. If the ceiling is not raised… the US government will be unable to borrow money to pay its bills, leading to a default on its debt. The…

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Americans Want Lawmakers to Prioritize Social Security and Medicare Funding

Tom Patriot

The issue of Social Security and Medicare continues to grow in the US. Most dems prioritize their budget cuts instead of caring for their citizens’ welfare. Medicare Funds Expected to Run Dry in 2031 A new report by the trustees of Medicare has indicated that the program’s trust fund will run out by 2031. This comes as no surprise as the program has been facing financial challenges for years. The report shows that the trust fund for Medicare’s hospital insurance will be depleted by 2026. This is three years earlier…

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Biden’s Budget Faces Republican Backlash

Tom Patriot

Republicans are criticizing Biden’s proposed budget. This is expected to contain large spending increases and tax hikes.  More Taxes To Be Involved in Biden’s Spending Proposal The budget aims to cut deficits by nearly $3 trillion over the next decade. However, Republicans fear it will:  Moreover, the proposal includes a:  The top tax rate would be restored to 39.6% for those making over $400,000 a year. Meanwhile, taxes for oil and gas companies would increase. Conservative senators immediately slammed Biden’s budget proposal… Sen. Rick Scott of Florida and Sen. John…

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Kamala Harris’ Electricity Bill Reduction Claim Disputed by Experts

Tom Patriot

Kamala Harris claimed that the Biden administration reduced electricity bills for working families. However, energy experts and business owners have criticized her comments.  Harris Gets a Reality Check on Electrical Costs Harris recently claimed that the Biden administration reduced electricity bills for working families.  The vice president said, “We reduced heating and electricity bills for working families. Folks have more money in their pockets to buy things. [These include] school supplies, [replacing] the dishwasher, or [taking] a family vacation.” To no one’s surprise, the demo-rat was criticized for that… One…

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GOP Senators Pressures Biden on Debt Ceiling

Tom Patriot

The White House refuses to negotiate with Republicans on raising the debt ceiling. The liberals believe it will be more beneficial for the country if they won’t help our patriots. In reality, the left’s decision will only ruin our economy. White House Refuses to Negotiate on the Debt Ceiling Senate Minority Leader Mitch McConnell (R-Ky.) and Senate Majority Leader Charles Schumer (D-N.Y.) eventually brokered a deal. This is where enough Republicans joined Democrats to approve a one-time exemption to the filibuster… on raising the debt ceiling. Moreover, Biden thinks he…

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