On Monday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Byron Donalds (R-FL) argued that appropriated stimulus money that hasn’t been spent yet has to be returned to the federal treasury because the federal government pouring more money onto
On Tuesday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff discussed how the fiscal and economic picture will change based on the results of
During an interview with NBC News on Monday broadcast on Monday’s edition of MSNBC’s “The 11th Hour,” Treasury Secretary Janet Yellen responded to criticisms that the government has spent too much money by stating that people “know that they got
During an interview released on Friday’s “Fox News Rundown” podcast, Rep. Elissa Slotkin (D-MI) said that there were some programs that should have been removed from some of the bills Democrats passed, but “I have to make a decision on
On Thursday’s broadcast of MSNBC’s “Jose Diaz-Balart Reports,” House Majority Whip Rep. James Clyburn (D-SC) stated that “all of us knew” prices would increase “when we put in place this recovery program. Any time you put more money into the
On Wednesday’s broadcast of “CNN Tonight,” New Hampshire Gov. Chris Sununu (R) predicted that “inflation is going to be very exacerbated for the next few years” because a lot of spending under the American Rescue Plan and infrastructure package hasn’t
On Tuesday’s broadcast of CNBC’s “Squawk Box,” Sen. Mark Warner (D-VA) said that claiming that Congress spent too much money over the last couple of years and the Federal Reserve is behind the curve because it enabled this spending is
On Friday’s broadcast of the Fox Business Network’s “Fox Business Tonight,” Rep. Emanuel Cleaver (D-MO) said that “once we get out of this recession,” “we need to smooth out our spending and try to deal with our deficits and our
On Monday’s broadcast of Newsmax TV’s “American Agenda,” Rep. Dan Meuser (R-PA) said that Republicans shouldn’t and he won’t vote for government funding unless it has improvements to border security. He also called for any continuing resolution to be extended
On Monday’s broadcast of the Fox News Channel’s “America Reports,” Rep. Ro Khanna (D-CA) said that government spending is a cause of inflation, but it was needed to avoid a recession and that while the Inflation Reduction Act will bring
On Friday’s broadcast of MSNBC’s “The Last Word,” White House Council of Economic Advisers member Jared Bernstein responded to a question on whether spending by the Biden administration contributed to inflation by saying there were supply issues and that while
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that America was “robbed blind” by fraud with coronavirus relief programs and said that this makes him “a little less excited about the money they’re planning to spend.” He
On Friday’s broadcast of MSNBC’s “Katy Tur Reports,” Rep. Jim Himes (D-CT) said that “inflation is largely managed by the Federal Reserve,” and that while Congress could cut spending, “That would be a conversation about do we cut Social Security,
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Commerce Secretary Gina Raimondo argued that Republicans opposing spending on semiconductor legislation after Democrats unveiled a reconciliation deal, “is exactly what China would want.” And that it “could be” time to lift
On Wednesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Sen. Tom Cotton (R-AR) stated that the spending agreement announced by Senate Democrats “was obviously a double-cross” by Sen. Joe Manchin (D-WV) that went back on previous statements that he
On Wednesday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Sen. Tom Cotton (R-AR) urged House Republicans to reject the semiconductor bill and not “help the Democrats tomorrow spend $250 billion so they can turn around and pass their trillion-dollar
On Wednesday’s broadcast of the Fox Business Network’s “Varney & Co.,” Sen. Rick Scott (R-FL) stated that the CHIPS Act semiconducter chip manufacturing bill is just going to boost inflation by adding to the deficit and debt and won’t produce a
During an interview aired on Friday’s edition of the Fox Business Network’s “Maria Bartiromo’s Wall Street,” Sen. Bill Hagerty (R-TN) said that there is “still a great deal of inflation baked in” the economy because of unspent money from the
On Wednesday’s broadcast of CNN’s “Inside Politics,” CNN Business Reporter Matt Egan stated that the high inflation “is being driven by this perfect storm of COVID, the war in Ukraine, and unprecedented stimulus from Washington.” Egan stated, “I mean, we
South Korean President Yoon Suk-yeol held a fiscal strategy meeting at a university near Seoul on Thursday. Yoon said it was time to “wake up from the fantasy of fiscal universalism” and realize that unlimited government spending is not the way to nourish a healthy economy.
On Tuesday’s broadcast of Newsmax TV’s “The Record with Greta Van Susteren,” Economics Professor at the University of Chicago Booth School of Business Austan Goolsbee, who served as Chairman of the Council of Economic Advisers under President Barack Obama, stated
Heritage Action for America urged senators to oppose Democrats’ $48 billion bailout for restaurants, gyms, and live event venues, Breitbart News has learned exclusively.
On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” Rep. Ro Khanna (D-CA) stated that part of the inflation issue is “too much money chasing production that has gone down,” and “Part of it was the government
On Tuesday’s “CNN Tonight,” Transportation Secretary Pete Buttigieg responded to a question on whether the spending in the American Rescue Plan is partially to blame for inflation by stating that “we have a lot of the issues that are associated
On Thursday’s broadcast of CNN’s “New Day,” White House Council of Economic Advisers member Jared Bernstein argued that inflation numbers in Europe, which are “not quite as high as ours,” undercut the argument that “somehow U.S. spending was responsible” for inflation.
On Wednesday’s broadcast of the Fox News Channel’s “Your World,” host Neil Cavuto responded to President Joe Biden arguing earlier in the day that “bringing down the deficit is one way to ease inflationary pressures” by stating that this should probably
On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher argued that Democrats should be the “most upset” about the theft and fraudulent attainment of COVID relief money and questioned why Sens. Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) “are
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Sen. Jon Ossoff (D-GA) said that the “massive fiscal and monetary response” to the coronavirus pandemic has “taken a toll” on inflation. Host Bret Baier asked, [relevant exchange begins around
During an interview with “Pod Save America” on Wednesday released on Tuesday, Sen. Elizabeth Warren (D-MA) said that all the money that the spending in the American Rescue Plan put into the economy played a role in inflation. Warren stated,
On Friday’s “PBS NewsHour,” New York Times columnist David Brooks stated that while there is inflation taking place everywhere in the world, America’s inflation numbers are “significantly higher” than the numbers in most of the other comparable countries and this
On Wednesday’s broadcast of MSNBC’s “Morning Joe,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said we need to “start dealing with the deficit as part of trying to bring down
During the “Overtime” segment of his “Real Time” show on Friday, Bill Maher expressed concern over massive levels of government debt, said that we’re not in a pandemic anymore, and stated that it’s questionable whether we should have had such
States led by Republican governors and legislatures have been overwhelmingly more successful at bringing their respective state’s economic recovery before those governed by Democrats, according to an analysis of the February state-by-state unemployment data from the Department of Labor.
On Friday’s “PBS NewsHour,” New York Times columnist David Brooks said that while he thinks increased coronavirus funding is needed, “the Republicans are right to make that point that we need to pay for this money.” Because deficit spending fuels
On Tuesday’s broadcast of CNN’s “Situation Room,” Sen. Joe Manchin (D-WV) said that he doesn’t see gas prices or inflation decreasing “at all.” And argued that “you’ve got to get your financial house in order” and ensure American energy independence.
During a portion of an interview aired on Thursday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Tim Scott (R-SC) stated that Democratic policies have “led to a 40-year high in inflation” but House Democrats are “still pouring more money
On Monday’s broadcast of NPR’s “All Things Considered,” House Majority Whip Rep. James Clyburn (D-SC) stated that when policymakers “start putting money out the way we did with the rescue act, you’re going to fan inflation.” He also stated that getting
On Friday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Colorado Gov. Jared Polis (D) said that the federal government has to pay for spending and “We can’t keep borrowing and borrowing and borrowing. That adds inflationary pressure over time.”
On Friday’s broadcast of MSNBC’s “Morning Joe,” MSNBC Economic Analyst Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, said that President Joe Biden’s explanation for what’s causing inflation is incorrect, “the primary blame for the inflationary
The UK government has continued its spending and borrowing spree, with the state borrowing £136 billion over the fiscal year to November.
