Splitting up budget package carries procedural risks

ANALYSIS — Democrats face procedural obstacles in any attempt to break up their clean energy and social safety net expansion bill and pass it in “chunks” — a path suggested by President Joe Biden on Wednesday.It’s not such an easy task if party leaders want to maintain the special status afforded the measure under budget…Continue Reading

END OF MARKET SUPERBUBBLE?

The U.S. is approaching the end of a “superbubble” spanning across stocks, bonds, real estate and commodities following massive stimulus during the COVID pandemic, potentially leading to the largest markdown of wealth in its history once pessimism returns to rule markets, according to legendary investor Jeremy Grantham.  “For the first time in the U.S. we…Continue Reading

Family believes Jamaican immigrant’s death in rural Pa. was ‘modern-day lynching’…

A Jamaican immigrant was shot to death at a rural Pennsylvania cabin last month in an incident his family is describing as a “modern-day lynching.”Peter Bernardo Spencer, 29, of Pittsburgh, accepted an invitation from a former coworker to hang out at a cabin in Rockland Township, Venango County, some 85 miles northeast of the city,…Continue Reading

SAY CHEESE! IRS Will Soon Make Taxpayers Scan Face to Access Taxes Online

The IRS will soon require taxpayers to submit a facial recognition scan in order to access certain features and tax records online.  The update will require users to sign into the IRS website through an account with third-party firm ID.me and provide a government identification document with their photo, along with a selfie, to verify…Continue Reading

Big Music Doesn’t Need a Bailout from Big Government

By Dan Perkins – New Contributor!  Big Music — in particular, the world’s largest record labels — is asking Congress to advance yet another industry bailout.  Does this major lobbying interest ever know when to say enough is enough?  Just weeks ago, the labels received a substantial legislative victory when the House of Representatives passed an amendment that advanced…Continue Reading