Harris breaks deadlock in “vote-a-rama” The Senate worked through the night making steps on the bill that will then go on to Biden to sign into law Salon · Aug 7, 2022
Voters aren’t the only ones feeling the effects of inflation High inflation isn’t just a political messaging point to some candidates running for office. The cost of gasoline, travel, staff pay, printed materials and food for events all affect the bottom lines of campaigns. Tribune News Service · Aug 7, 2022
RJD holds 'Pratirodh' yatra over inflation, unemployment in Patna Rashtriya Janata Dal (RJD) workers on Sunday held a 'Pratirodh' march in Patna over the issue of inflation and unemployment. Read more on Dynamite News: Dynamite News · Aug 7, 2022
6 ways Canadians can prepare for the upcoming recession Although it certainly feels like it, and many people believe it, we are not in a recession yet. While a recession is defined as two successive quarters of negative GDP growth, it is essentially a period where economic growth falls significantly and unemployment rates rise. The Conversation · Aug 7, 2022
Fading global cooperation will make this crisis worse than the recession of 2008 The global financial crisis brought large economies together but the current crisis comes at a time of deep division The Guardian - UK · Aug 7, 2022
Democrats passed a major climate, health and tax bill. Here's what's in it Senate Democrats spent the weekend advancing what they call a historic piece of legislation, but it's still a much smaller version of what they — and President Biden — originally called for. WEKU · Aug 7, 2022
Dems push Biden climate, health priorities toward Senate OK Democrats are driving their election-year economic package toward Senate approval The Independent UK · Aug 7, 2022
Brexit will make a bad recession even worse. But Sunak and Truss won’t question it The Tory leadership contenders are pursuing a dangerous nirvana of low taxation while ignoring the damage inflicted by leaving the EU The Guardian - UK · Aug 7, 2022
Cost of living crisis: four things the government could do to help Policy levers ministers could be pulling as rocketing gas prices fuel spiralling inflation The Guardian - UK · Aug 7, 2022
The Observer view on the Tory party leaving Britons to face the crisis alone As millions face hardship thanks to soaring bills, the Tories are focused on their next leader rather than the emergency at hand The Guardian - UK · Aug 7, 2022
Republicans amplify Bernie Sanders’s criticisms of Democrats’ climate and health care legislation Sanders defends Republicans parroting his criticisms, says ‘the truth is the truth’ The Independent UK · Aug 7, 2022
Just Gonna Say It: Inflation Is The Ultimate Cockblock Of 2022 Abstinence is all I can afford right now. Pedestrian.tv · Aug 7, 2022
Democrats clear first hurdle on health care, tax and climate bill WASHINGTON — Senate Democrats on Saturday advanced their long-delayed health care, tax and climate bill following months of back-and-forth on whether the party would be able to pass major legislation addressing some of their progressive priorities before the midterm election. Los Angeles Times · Aug 6, 2022
Democrats clear first hurdle on health care, tax and climate bill WASHINGTON — Senate Democrats on Saturday advanced their long-delayed health care, tax and climate bill following months of back-and-forth on whether the party would be able to pass major legislation addressing some of their progressive priorities before the midterm election. Los Angeles Times · Aug 6, 2022
Reuters · Aug 6, 2022 UK's Liz Truss ready to speed up tax cut plan, newspaper says Liz Truss, the front-runner to become Britain's next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country's flagging economy, the Sunday Telegraph reported.
The Independent UK · Aug 6, 2022 Sunak slams Truss’s ‘starry-eyed boosterism’ as clashes over economy continue Ms Truss vowed to use a September emergency budget to “immediately” cut taxes.
The Independent UK · Aug 6, 2022 Democrats brace for insulin fight on Inflation Reduction Act Democrats want to cap the price of insulin to $35
The Independent UK · Aug 6, 2022 Senate Democrats are confident as GOP tries to kill climate and inflation deal Sen Dianne Feinstein told The Independent she doesn’t “anticipate a problem [getting the legislation passed].”
Benzinga · Aug 6, 2022 What Is The Stock Buyback Tax? What To Know About The Biden/Manchin/Sinema Compromise With the support of Senator Kyrsten Sinema, Democrat lawmakers were able to secure sufficient votes for a new tax that will be introduced as part of the Inflation Reduction Act of 2022.
The Guardian - UK · Aug 6, 2022 Gordon Brown: ‘Set emergency budget or risk a winter of dire poverty’ Former PM has warned of a financial timebomb awaiting families as Labour plans a major intervention to address crisis
Tribune News Service · Aug 6, 2022 Drug price bill pruned by Senate arbiter in partial industry win Medicare was cleared to negotiate drug prices for the first time by the Senate’s top rules official, though the Democrats’ proposal intended to cap price increases for prescription drugs in the commercial market was blocked.
Tribune News Service · Aug 6, 2022 Drug price bill pruned in Senate in partial industry win Medicare was cleared to negotiate drug prices for the first time by the Senate’s top rules official, though the Democrats’ proposal intended to cap price increases for prescription drugs in the commercial market was blocked.
StockNews.com · Aug 6, 2022 Recession or Not Recession…That Is the Question Every investor appreciates that recessions and bear markets go hand in hand. But the definition of a recession often seems more difficult to pin down. So are we in a recession? And if not, then does that mean that disaster has been averted or that the pain train is still…
The Independent UK · Aug 6, 2022 Senate parliamentarian kills key part of Democrats’ prescription drug plan in the Inflation Reduction Act The plan would cause manufacturers to rebate Medicare if they increased drug prices higher than inflation.
The Independent UK · Aug 6, 2022 Progressive Democratic Senators say they will vote against amendments to Inflation Reduction Act The remarks come ahead of the “vote-a-rama” to add amendments to the legislation as many Democrats cite it as a chance to tackle climate change.