WASHINGTON, Sept 17 (Reuters) - The White House warned on Friday that a failure by the U.S. Congress to extend the debt limit could plunge the economy into a recession and could lead to cuts in critical state services. Read More.
Is Wall Street ready to break a five-session losing streak? Stocks look mixed in early trading, as September, so far, shapes up just as many pundits predicted — dogged by seasonal weakness, plus the ongoing pandemic fallout. Read More.
President Joe Biden describes his $3.5 trillion spending scheme as a way to improve the economy and "build back better." It is going to work every bit as well as his evacuation from Afghanistan. Read More.
The Democrats in control of Congress and the presidency seek to transform our county. If they are successful in passing and signing into law the $3.5 trillion reconciliation package that is being forced through Congress via arcane budget procedures, to the objections of both Republicans and Democrats, Americans will see the biggest expansion of government accompanied by the largest tax increase in a generation. Read More.