Hochul worries Trump crackdown on illegal immigrants can crush NY economy as massive number of undocumented migrant workers revealed
Gov. Kathy Hochul's administration announced Tuesday that New York state is home to a staggering 470,100 undocumented immigrant workers. The governor is concerned that future crackdowns on illegal immigration could hurt the local economy. The revelations came as Mr. Hochul announced a massive $252 billion budget proposal, which would require about 15% of the state's […]
Kaine Claims Trump’s Proposed Deportations Will Be ‘Gut Punch’ to Economy
Sen. Tim Kaine (D-Va.) said Sunday on CBS' “Face the Nation” that the Trump administration's proposed deportations would be an “absolute pain” to the U.S. economy. Ta. A partial transcription follows: Margaret Brennan: Let me ask you a question about immigration. He's a former governor. Incoming border czar Tom Homan said large-scale deportations will begin […]
Congress should unwind Biden’s disastrous energy policies to restore the American economy
newYou can now listen to Fox News articles. If Congressional Republicans are to deliver on our promise of a strong economy and stable prices, they would be wise to quickly unwind the disastrous energy policies the Biden-Harris administration has imposed on one of America's most important industries. President Biden is spending his final days in […]
Why the climate and sustainability economy will thrive in a Trump presidency
James Carville, former President Clinton's legendary strategist, summed up his electoral and governing success with the following slogan and observation: “It's the economy, idiot.” like him these days I wrote“Many Americans don't give a rat's tail about this.” [President-elect Donald] Trump's indictment, even if justified, is about his anti-democratic impulses and social problems when he […]
Bidenflation’s Ghost Will Keep Haunting the American Economy
Trump inherits Biden's expensive financial legacy America may be almost done with Joe Biden's policies, but malign economic legacy We are not done with his departure from office. The latest economic data shows that Donald Trump will inherit the economy Inflation is entrenched at high levels, manufacturing is moribund, trade imbalances persist, budget deficits are […]
Bessent Warns That Failure To Preserve Trump Tax Cuts Would Bring Economy To A ‘Sudden Stop’
Scott Bessent told a Senate committee Thursday that preventing tax cuts enacted during President Donald Trump's first term from expiring is a top priority for lawmakers. Bessent, who was nominated by President Trump to head the U.S. Treasury, testified for several hours Thursday before the Senate Finance Committee, addressing questions about tariffs, Russia sanctions, energy […]
WV Gov. Patrick Morrisey Launches ‘Backyard Brawl’ to Revitalize Economy
West Virginia Gov. Patrick Morrisey (R) announced a “backyard brawl” economic policy in his inaugural address Monday, pledging to make the Mountain State the “freest” state in the Union. Morrissey, who replaced retiring Republican Gov. Jim Justice, announced an economic package aimed at revitalizing the Mountain State's economy. Morrissey said in his speech: It's time […]
Biden: ‘The Economy I Am Leaving America Is The Best In The World,’ ‘Stronger Than Ever’
U.S. President Joe Biden speaks to the media about the federal response to the Los Angeles wildfires at the White House on January 9, 2025 in Washington, DC. (Photo by: Tasos Katopodis/Getty Images) OAN Staff Sophia Flores12:45 PM – Saturday, January 11, 2025 President Joe Biden continues to tout the U.S. economy in his final […]
The Fed’s View of the Economy Is Burning
December jobs report highlights Fed mistakes The Fed may not have a good reputation. Burning out as quickly as Los AngelesBut the outcome is likely to be the same: rubble, ash, condemnation, and expensive reconstruction. The Labor Department said Friday that the U.S. economy is 257,000 jobs added in Decemberexpectations that job growth would fall […]
U.S. Economy Added 256,000 Jobs In December
U.S. employers added 256,000 workers in November, and the unemployment rate fell to 4.1%, the Labor Department said Friday. Economists had expected 153,000 jobs and a flat unemployment rate of 4.2%. Employment figures for the previous month were revised downward from 227,000 to 212,000. Most of the job creation in December came from the private […]