Democrats’ reckless spending has left the Fed with no other choice. Even Janet Yellen admitted this week that Biden’s spending caused inflation. The rate hike is the bill coming due for the excessive government spending that Democrats promised would be a free lunch.
Hassan filed a bill with Arizona Sen. Mark Kelly in February that calls for a temporary pause on the 18.4 cent per-gallon federal gas tax to give consumers relief at the pumps. Democratic leaders have largely dismissed the idea.
The data is the latest troubling economic indicator alongside the highest inflation in four decades as a third of small businesses consider shutting their doors.
WalletHub has ranked Massachusetts, Connecticut, and Rhode Island as the three best states for supporting working mothers in its 2022’s Best & Worst States for Working Moms. Vermont ranked seventh in the report, which indicates that 68% of women with children under the age of 18 are in the work force since 2021.
Americans are changing their shopping habits because of rising prices. According to the report, American consumers significantly cut back on their discretionary spending and focused on essentials as inflation shows no signs of slowing down.
States that spend and tax less tend to have a better economic outlook than states with more spending and higher taxes, according to the newest Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index.
The United States is suffering through its highest level of inflation in 40 years and the White House and its media allies can’t stop peddling false narratives to help the president dodge blame.
Unemployment claims continue to fall in Vermont and across the nation, according to a new report from the U.S. Department of Labor.
Biden issued an emergency waiver Tuesday allowing gas stations nationwide to sell gasoline with 15% ethanol, pausing a federal environmental regulation that prohibits the corn-based biofuel mixture during the summer months to limit smog.
A key consumer price metric used by the government to measure inflation soared 8.5% over the last 12 months — the fastest pace of inflation since December 1981 — the Department of Labor (DOL) announced Tuesday.
The latest monthly report from the New Hampshire Association of Realtors found the median price for a home in the state increased by 20.5% from the same period last year when it was $365,000. That’s a more than 41% increase from March 2020, when the median price was $311,545.
Vermont boasts an unemployment rate of 2.9% for the month of February, according to the Bureau of Labor Statistics, ranking 11th in the nation.