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Tag: price

‘Bad Case Scenario’: Former Obama Economist Slams Kamala Harris’ Plan For Nationwide ‘Price Controls’

Former President Barack Obama’s chief economist has joined a chorus of experts criticizing Vice President Kamala Harris’ proposed plan to lower housing and grocery costs, The Washington Post reported Friday. Jason Furman, a former vice chairman of the National Economic Council under the Obama administration, expressed concern about Harris’ proposal to impose fines on companies […]

Honest small businesses are paying the price for COVID fraud

The promise will be kept. However, Employee Retention Tax Credit. Four years ago, the federal government promised small businesses that they would be compensated if they kept their employees on the payroll during a once-in-a-lifetime global pandemic. But in hundreds of thousands of cases, that promise hasn’t been kept. The IRS has publicly estimated that […]

Grocery stores are moving to digital price tags: are they harming consumers?

Anthony Chan, a former chief economist at JPMorgan Chase, was responding to Kamala Harris saying she would make lowering prices a priority on her first day in office, even though she’s already in office. Two Democratic senators are investigating Grocery store chains Kroger has expressed concerns about the use of digital price tags, known as […]

5 takeaways from first Medicare drug price negotiations

The first round of price negotiations on 10 drugs was announced Thursday amid a lavish White House reception that Democrats celebrated as the result of years of hard work. Administration officials touted the plan’s $6 billion savings to taxpayers and roughly $1.5 billion reduction in out-of-pocket costs for seniors by 2026. Here’s what you need […]

Harris says price gouging is to blame for high prices. Is she right?

Former Treasury Assistant Secretary for Economic Policy Michael Vogtunder says nothing has changed that would ease inflationary pressures on Kudlow. vice president Kamala Harris He is set to unveil the first federal price-fixing plan for businesses as part of a comprehensive effort aimed at reducing food prices and other everyday expenses. “There is a big […]

I Worry Biden’s Rent Price Control Plan Will Hurt Supply, Harris Doing One for Food Is Good

On Thursday’s episode of NewsNation’s “The Hill,” Rep. Raja Krishnamoorthi (D-Ill.) defended 2024 Democratic presidential candidate Vice President Kamala Harris’ apparent support for food price controls, but said he’s “a little bit worried” about President Joe Biden’s push for rent caps, fearing they will reduce the housing supply. “Your main points are: [2024 Republican presidential […]

Biden-Harris Drug Price Negotiations ‘Soviet-Style Price Controls’

Joe Grogan, former director of Trump’s Domestic Policy Council, said in an interview with Breitbart News on Thursday that the benefits of the Biden-Harris drug price deal are “Soviet-style price controls” and that claims that it will save money are “complete bullshit.” Inflation Control Law Provided To allow Medicare to negotiate prices for certain drugs, […]