Harris Claims Trump ‘Tried to Cut Medicare Every Year’

The claim: Vice President Kamala Harris argued in a speech on Friday that former President Donald Trump had tried to cut Medicare “every year.” Verdict: False. President Trump did not try to cut Medicare while in office. The Biden-Harris Administration cut Medicare Advantage, which the vast majority of Medicare beneficiaries use over traditional Medicare. In […]

State funds to Dolton cut as embattled ‘supermayor’ Tiffany Henyard tries to reinstate indicted police chief

Tiffany Henyard is accused of extravagant spending that drove the village of Dalton, Illinois, into bankruptcy (photo illustration). (Dalton Village | stylemebrandon – Instagram/Screenshot) The Illinois State Comptroller’s Office has suspended some funding for the village of Dolton after the village failed to turn over financial records, the latest development in an ongoing saga in […]

Housing Supply Booms in Argentina Since Javier Milei Cut Rent Control Law

One of the first acts of liberal President Javier Milley after winning Argentina’s presidential election last November was to repeal the country’s notoriously clumsy and counterproductive rent control. The results are in: rents are plummeting in Argentina as housing supply explodes. Rent control is a policy favored by leftists in the United States and Europe, […]

US to support global goal to cut plastic production

Welcome to the Hill’s Energy and Environment Newsletter {beacon} Energy and Environment Energy and Environment Full text   Missouri judge strikes down anti-ESG rule A federal judge has struck down a Missouri rule aimed at limiting the influence that environmental, social and governance (ESG) policies can have on investment advice. Full text   Inspector General […]

‘We Have to Cut Ties’ with ‘Dangerous’ Netanyahu Entirely

During Thursday’s MSNBC broadcast of “The ReidOut,” Rep. Ilhan Omar (D-Minn.) argued that Israeli Prime Minister Benjamin Netanyahu is “dangerous” and that “we should cut ties with his administration and no more.” “Vice President Harris has shown compassion and consideration, but I believe a policy shift, a detailed policy shift, is going to be really […]

US weekly job claims fall, boosting case for Fed to cut rates

The number of Americans filing new claims for unemployment benefits fell last week, surprising economists and raising hopes that the Federal Reserve will finally start cutting interest rates next month. The Labor Department said new claims for state unemployment insurance fell to a seasonally adjusted 227,000 for the week ended Aug. 10, below the 235,000 […]

July inflation drops below 3% as Fed considers September rate cut

Housing costs remain high, but insurance premiums are finally starting to stabilize. (iStock) Annual inflation fell below 3% in July for the first time in more than three years. Consumer Price Index The Consumer Price Index (CPI) released by the Bureau of Labor Statistics (BLS). On an annualized basis, prices rose 2.9% in July, slowing […]

How to fix, not cut, the Social Security benefits tax

Donald Trump questions why the federal government should tax Social Security benefits. Strictly speaking, this is not a tax on benefits. We already Tax on additional income It is the income that a Social Security recipient earns while receiving their Social Security check. If Social Security is their only source of income, an individual does […]