The Federal Reserve issued a review of the nation's financial situation on Monday. The detailed 84-page report titled "Economic Well-Being of U.S. Households in 2022" tracks income, expenses, employment and other pocketbook considerations.
Sen. Tim Scott (R-S.C.), who announced his 2024 presidential campaign, said in an interview that he promises not to overturn election results if he loses. During a sitdown interview with NBC News, NBC News anchor and senior national correspondent Tom Llamas asked Scott if he would attempt to overturn election results if it did not go...
California is one step closer to enacting a law that would ban chemicals found in Skittles, Hot Tamales, and a host of other food items that have been linked to a number of health issues.
Former Trump White House budget chief Mick Mulvaney said Monday that invoking the 14th Amendment to avert a federal default would do more harm than good. In an interview with NewsNation’s “The Hill,” Mulvaney said the likely interest rate spike and legal uncertainty to follow a 14th Amendment maneuver would damage the economy. “It doesn't...
Organizers in Florida have canceled several events slated to take place during Pride Month due to new anti-LGBTQ laws signed by Florida Gov. Ron DeSantis (R), calling it an “unsafe” climate. In a Facebook post, organizers based in St. Cloud, Fla., announced the decision to cancel a Pride event scheduled for next month due to...
Speaker Kevin McCarthy (R-Calif.) emerged Monday evening from a roughly hour-long meeting with President Biden on the debt ceiling saying the latest conversation was “productive,” but that the two sides still don’t have an agreement on how to avoid default just days until the deadline. “I felt we had a productive discussion. We don’t have...
As the federal government once again approaches its debt limit, House Republicans are right to be pushing spending cuts to begin addressing the nation’s ballooning debt. The Congressional Budget Office predicts that the federal government will spend $663 billion on interest payments this year, an amount projected to climb to $1.4 trillion by 2033. That’s...