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During an interview with the “Pod Save America” podcast that took place on Monday and was released on Tuesday, White House Counsel of Economic Advisers member Heather Boushey responded to President Joe Biden acknowledging that the Inflation Reduction Act “has less to do with reducing inflation than it does to do with dealing with providing for alternatives that generate economic growth” and is misnamed by stating that “it is definitely about green investment. It is also about reducing prices,” and Biden “is very right to focus” on the green provisions in the act, but those will reduce prices. Boushey said,...

West Virginia Sen. Joe Manchin (D) on Tuesday hailed the anniversary of the Inflation Reduction Act, the landmark law he co-authored in secret negotiations with Senate Majority Leader Chuck Schumer (D-N.Y.) a year ago that then became a major point of contention between Manchin and President Biden. “The Inflation Reduction Act is one of the most historic pieces of legislation passed in decades, and we are already seeing real results in West Virginia,” Manchin said in a statement, claiming the law has reduced the nation’s debt by $238 billion.

The Guardian published an editorial criticizing El Salvadoran President Nayib Bukele for his hard crackdown on the violent gangs that terrorized the Latin nation for years because it does not address the root causes of the violence. The editorial said the government crackdown has resulted in positive results in making the country, once the most dangerous in the world, much safer, leading to historically high popularity for Bukele. People in neighboring countries are now demanding their governments copy Bukele's plan to tackle the gang and cartel problems. Still, The Guardian writes, the peace has come at a high price and...

President Biden’s FY 2024 budget promises to reduce future deficits by $2.8 trillion over the next 10 years. That’s a big number. It is not enough, however, to prevent the debt from climbing to a record 110 percent of GDP in 2033, up from 98 percent this year and more than twice its average over the past 50 years. It is also not enough to prevent interest on the debt from doubling over the next 10 years and reaching a record high as a share of the economy by 2032. The record is 3.2 percent of GDP in 1991. It...

On Thursday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Sen. Joe Manchin (D-WV) stated that House Speaker Kevin McCarthy’s approach to the debt ceiling is “most reasonable” and argued that spending reductions of 5-10% across the board should be explored. Manchin stated, [relevant remarks begin around 3:45] “Kevin and I had a nice conversation a couple of weeks ago. And I think he’s most reasonable taking the approach, can’t we at least recognize 31.5 trillion is unmanageable and we shouldn’t be passing on to our children and grandchildren, we’re writing checks they can’t cash. And I know the president’s...

Senator Michael Bennet (D-CO) said Sunday on CNN’s “State of the Union” that the Inflation Reduction Act has not reduced inflation because it has not “kicked in.” Anchor Dana Bash said, “It’s been two months since Democrats passed the so-called Inflation Reduction Act, which you called a victory for the American people. Core inflation is still at its highest level in four decades. Polls show, as you know, that the economy is a top issue for Colorado voters. So why isn’t the Inflation Reduction Act reducing inflation?”

During an interview aired on Tuesday’s broadcast of NPR’s “All Things Considered,” Treasury Secretary Janet Yellen said that the investments in the Inflation Reduction Act “are mainly geared toward the longer-term issues around climate change,” but it will “significantly lower the cost of drugs and health insurance.” Co-host Ailsa Chang asked, “I do take your point that the new Inflation Reduction Act does a lot to promote green energy, promotes cleaner cars, tries to address healthcare needs. But it doesn’t do much to fix inflation in the short term, which is really the Federal Reserve’s job. Are you concerned that...

On Friday’s broadcast of C-SPAN’s “Washington Journal,” Rep. Jim Himes (D-CT) said the Inflation Reduction Act is going to work to reduce inflation “in the longer run.” And “probably the center of that bill” is reducing prescription drug costs, which won’t be fully put in place for a few years. Himes responded to a question on how the act will reduce inflation by stating, “Well, first of all, let’s be very clear, it’s going to work in the longer run. So, the answer to your question is, probably the center of that bill was about reducing senior citizens’ prescription drug...

On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Sen. Joe Manchin (D-WV) defended referring to the reconciliation package passed by Congressional Democrats and signed by Joe Biden as the Inflation Reduction Act in the wake of the August Consumer Price Index (CPI) report because “It’s the only thing that we have ever done that has a chance to really fight inflation.” Host Bret Baier asked, [relevant exchange begins around 6:50] “For people at home, we’re talking about the inside politics about how to get these deals done. They look at what they’re seeing at the table. And inflation...

The White House is planning a celebration of President Joe Biden’s “Inflation Reduction Act” on Tuesday, even as consumer prices rose again in August, according to the latest numbers from the federal government. The Bureau of Labor Statistics’ Consumer Price Index released Tuesday morning shows that inflation in August rose one-tenth of a percentage point from July and up 8.3 percent from the previous year.

The Democrats named their tax and spending bill the Inflation Reduction Act, but Americans are not buying it. The law was hastily thrown together after Senator Joe Manchin (D-WV) struck a deal with Majority Leader Chuck Schumer (D-NY) to vote for a bill that would increase spending by hundreds of billions of dollars and increase taxes by even more. Although both the Congressional Budget Office and the Penn-Wharton Budget Model say the bill will do next to nothing for inflation, Democrats have been bragging that the bill is already working.

ABC News anchor Jon Karl pressed top White House spokesperson Karine Jean-Pierre on Sunday over whether it was “Orwellian” to refer to a Democrat-backed spending bill as the “Inflation Reduction Act.” Karl noted recent analysis from the non-partisan Congressional Budget Office. Despite its legislation’s branding, the CBO found recently passed bill would have a “negligible” impact on inflation this year and next. “Isn’t it almost Orwellian?” Karl said. “How can you call it the Inflation Reduction Act when the nonpartisan experts say it’s not going to bring it down?”

The House of Representatives on Friday voted to pass the $700 billion “Inflation Reduction” Act, which would not reduce inflation, and 158 of the lawmakers voted by proxy. The 158 lawmakers decided to vote by proxy at a time when there has been controversy surrounding the capability, as the Senate still required its members to vote in person.

On Friday’s broadcast of CNN’s “At This Hour,” Assistant House Speaker Rep. Katherine Clark (D-MA) responded to questions on whether the Inflation Reduction Act will lower prices in the near term by pointing to prescription drug provisions in the bill that don’t kick in for years and saying that “we’re already seeing gas starting to come down. The policies we’ve been working on are working.” Host Kate Bolduan asked, “You’ve named this bill the Inflation Reduction Act, which is really just asking voters to hold you accountable to do just that. And the CBO says that the bill’s going to...

A clinical trial to test whether three proven smoking cessation treatments could also reduce alcohol intake found no differences between the medications, but the rates of behavior change for alcohol consumption and smoking were high in all treatment groups. Results suggest these medications could play an important role to reduce alcohol use and smoking at the same time. Unexpectedly, nicotine replacement therapy performed as well as the prescription drugs varenicline and cytisine. The study showed that after three months, alcohol consumption decreased regardless of whether participants were given nicotine replacement therapy, varenicline or cytisine. The main outcome was number of...

The pay is low. The prestige is falling. The housing is often dilapidated and roach-infested. You move around a lot and your children constantly have to say 'goodbye' to their friends. The wars are lost and the border stands unguarded from invaders. The indoctrination is pure wokesterism, advising you that you're the bad guy and the flag you serve under is worth taking a knee. You take a vaccine known to harm young people, or else. You shower with unreconstructed transgender individuals. You watch as your highly bemedaled top commander doesn't bother with basic military fitness regulations required of you....

The Biden administration officially failed to achieve getting 70 percent of adults vaccinated by Independence Day. To compensate for this failure, they’re trying to claim a different victory—one that isn’t theirs. “We’ve reduced the percentage of people who are getting COVID, who are dying of COVID, by 90 percent,” White House Press Secretary Jen Psaki said on Saturday. “That’s a huge, significant achievement.” It sure is. But, it’s Trump’s achievement, not Biden’s. The biggest factor in reducing COVID cases and deaths is no doubt that we got three vaccines in less than a year. That’s a Trump accomplishment, not a...

In First 2 Months in Office – Trump Reduces Debt by $100 Billion – Obama Increased Debt by $400 Billion – Half a Trillion Dollar Difference! On January 20th, the day of President Trump’s Inauguration, the US Debt stood at $19,947 billion. As of March 16th, the most recent date for US debt reporting, the US Debt stands at $19,846 billion. President Trump has cut the US Debt burden by over $100 billion and 0.5% in the first two months since his inauguration! {..snip..}

Sen. Tom Cotton (R-AR) is introducing legislation on Tuesday with Sen. David Perdue (R-GA) designed to cut the level of immigration into the United States in half, with the express intent of refocusing the nation’s immigration policy onto helping American workers instead of foreigners first. In an exclusive interview with Breitbart News on Tuesday morning, Cotton explained that the legislation will cut the number of green cards given out every year from about a million a year down to about half a million a year—all designed to help the forgotten American worker who has gotten a “raw deal” thanks to...

WASHINGTON — President-elect Donald Trump's proposals would modestly cut income taxes for most middle-class Americans. But for nearly 8 million families — including a majority of single-parent households — the opposite would occur: They'd pay more. Most married couples with three or more children would also pay higher taxes, an analysis by the nonpartisan Tax Policy Center found. And while middle-class families as a whole would receive tax cuts of about 2 percent, they'd be dwarfed by the windfalls averaging 13.5 percent for America's richest 1 percent.