Haris Alic

Recession fears spell trouble for Biden’s agenda, Democrats

Recession fears are beginning to spike across Washington and Wall Street, complicating President Biden's agenda heading into the midterm elections.

April 6, 2022

Biden imposing sanctions on Putin’s daughters

White House National Economic Council Director Brian Deese announced Wednesday that the administration would be imposing a new round of sanctions specifically targeting the adult children of Russian President Vladimir Putin.

April 6, 2022

Deutsche Bank warns of looming recession in 2023

One of the world's largest investment banks is warning that the Federal Reserve System's efforts to lower inflation will likely trigger a recession throughout the U.S. in 2023.

April 6, 2022

Republicans block $10 billion COVID-19 aid deal over pandemic border policy

Republicans on Tuesday blocked consideration of spending another $10 billion to fight COVID-19 because Senate Majority Leader Charles E. Schumer refused to allow a vote on reinstating a pandemic emergency order that helped block illegal aliens from entering the U.S.

April 5, 2022

GOP moves to block unions’ port slowdown tactic

House Republicans are backing legislation to deter unions from staging work slowdowns at the nation's ports, warning the tactic could worsen the nation's supply chain crisis.

April 5, 2022

Amtrak inspector general warns that Biden’s infrastructure bill could ‘strain’ operations

Amtrak's inspector general is warning that the passenger rail company is insufficiently prepared to deal with the influx of new money coming from President Biden's $1.2 trillion infrastructure law.

April 5, 2022

Kevin McCarthy raises $31M for GOP efforts to retake House in first four months of 2022

House Minority Leader Kevin McCarthy raised a whopping $31 million in the first four months of this year for GOP efforts to retake Congress.

April 5, 2022

YouTube removes RNC podcast with Trump, claiming ‘misinformation’

YouTube removed a video by the Republican National Committee on Friday of an interview with former President Donald Trump, claiming it violated the platform's policy against elections misinformation.

April 1, 2022

House passes bill to legalize marijuana, setting up long-shot bid in Senate

The House passed a bill to end the federal prohibition on marijuana and kicked the issue to the Senate, where it faces long odds to succeed.

April 1, 2022

TSA’s scanner ‘inclusive’ upgrade for transgender passengers costs taxpayers $18.6 million

The Transportation Security Administration is spending more than $18.6 million of taxpayer money to update airport screening protocols and technology to be more inclusive of transgender, nonbinary and gender-nonconforming passengers.

April 1, 2022

Biden moves to incentivize domestic mineral mining for electric vehicle batteries

President Biden invoked the Defense Production Act on Thursday to ramp up domestic mining of critical minerals needed to manufacture electric vehicle batteries.

March 31, 2022

Pelosi touts federal efforts to loosen marijuana laws as being consistent with states

House Speaker Nancy Pelosi promoted congressional efforts to legalize and decriminalize marijuana as consistent with moves states have made on ending restrictions on cannabis.

March 31, 2022

Review finds Biden’s plan to raise the corporate tax to 28% would kill 138,000 jobs

President Biden's proposal to hike the corporate tax rate to 28% will shrink the U.S. economy and decimate more than 138,000 jobs over the next decade, found an analysis by the nonpartisan Tax Foundation.

March 30, 2022

Biden’s big-spending policies helped fuel inflation, says Federal Reserve Bank of San Francisco

Washington's multitrillion-dollar spending habit has driven inflation across the U.S. higher than in most other Western democracies, according to the Federal Reserve Bank of San Francisco.

March 30, 2022

Pelosi poised to pass legislation legalizing marijuana

House Speaker Nancy Pelosi is poised to push through legislation this week to end the federal prohibition on marijuana.

March 29, 2022

House GOP moves to block Russian financing of U.S. environmental groups

House Republicans introduced legislation Tuesday to expose Russian money funneled to advocacy groups, saying Moscow could be bankrolling environmental organizations to oppose increased U.S. energy production.

March 29, 2022

Sen. Joe Manchin uneasy with Biden’s minimum tax on billionaires

Sen. Joe Manchin III expressed skepticism on Tuesday about President Biden's plan for a 20% minimum tax on households worth more than $100 million.

March 29, 2022

Biden adds equity, climate change to applications for infrastructure grants; critics call it ‘woke’

The Biden administration has adopted new "merit criteria" such as addressing equity and climate change that state and local governments must meet to receive grants under the $1.2 trillion infrastructure package.

March 29, 2022

EXCLUSIVE: Pence says Biden only paying ‘lip service’ to kitchen table issues ahead of midterms

Former Vice President Mike Pence accused President Biden and Democrats on Tuesday of paying "lip service" to kitchen table issues ahead of the midterms.

March 29, 2022

Biden plans to gut tax incentives for America’s energy industry

President Biden's $5.8 trillion budget is proposing to end all federal tax incentives for America's domestic fossil fuel industry.

March 28, 2022