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Fraudsters may have stolen as much as $60 billion from the various unemployment insurance programs enacted by lockdown-era stimulus bills, according to a report from the Government Accountability Office.
Fraudsters may have stolen as much as $60 billion from the various unemployment insurance programs enacted by lockdown-era stimulus bills, according to a report from the Government Accountability Office.
 
Sen. John Kennedy (R-LA) quipped about the pending debt crisis, expressing confidence that Congress will work to resolve the issue and hoping that President Joe Biden will negotiate with House Republicans to establish meaningful spending cuts.
Sen. John Kennedy (R-LA) quipped about the pending debt crisis, expressing confidence that Congress will work to resolve the issue and hoping that President Joe Biden will negotiate with House Republicans to establish meaningful spending cuts.
 
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
Treasury Secretary Janet Yellen told members of Congress that she has launched “extraordinary measures” to fund the federal government after the debt ceiling was surpassed.
 
President Joe Biden lashed out at Republicans on Monday, calling them “fiscally demented” while speaking at the National Action Network’s annual Martin Luther King Jr. Day Breakfast.
President Joe Biden lashed out at Republicans on Monday, calling them “fiscally demented” while speaking at the National Action Network’s annual Martin Luther King Jr. Day Breakfast.
 
It’s been quite a year for the state and national economy. Looking back on 2022, North Carolina saw economic growth and recovery from lockdowns but also indications of a recession.
It’s been quite a year for the state and national economy. Looking back on 2022, North Carolina saw economic growth and recovery from lockdowns but also indications of a recession.
 
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
The federal government’s budget is in such disarray that balancing the books would require a 30% spending cut or a 40% increase in taxes, a recent study found.
 
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
 
Lopsided financial contributions indicate dwindling ideological diversity.
Lopsided financial contributions indicate dwindling ideological diversity.
 
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
 
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
Household debt rose again in the third quarter of 2022, according to the latest report from the Federal Reserve Bank of New York.
 
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
 
Rep. James Comer (R-KY) promised that the House Oversight Committee would target waste, fraud, and abuse in the new Congress.
 
Americans are now saving the smallest portion of their earnings in nearly two decades, according to data released on Thursday by the Bureau of Economic Analysis.
Americans are now saving the smallest portion of their earnings in nearly two decades, according to data released on Thursday by the Bureau of Economic Analysis.
 
Twitter users fact-checked a White House post about the Biden administration’s purportedly hawkish fiscal behavior.
Twitter users fact-checked a White House post about the Biden administration’s purportedly hawkish fiscal behavior.
 
White House Press Secretary Karine Jean-Pierre lost her cool against a conservative reporter after she pressed Dr. Anthony Fauci on his approach to COVID.
White House Press Secretary Karine Jean-Pierre lost her cool against a conservative reporter after she pressed Dr. Anthony Fauci on his approach to COVID.
 
The city of San Francisco is offering a monthly stimulus program exclusively for transgender residents.
The city of San Francisco is offering a monthly stimulus program exclusively for transgender residents.
 
After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
After two consecutive quarters of negative growth, the U.S. economy saw gains in the third quarter. U.S. gross domestic product (GDP) increased by 0.6% in Q3, according to the advance estimate released today by the Bureau of Economic Analysis.
 
President Joe Biden nominated consulting executive Daniel Werfel to lead the Internal Revenue Service months after Congress greenlit funding to double the agency’s size.
President Joe Biden nominated consulting executive Daniel Werfel to lead the Internal Revenue Service months after Congress greenlit funding to double the agency’s size.
 
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
Nearly 60,000 North Carolinians never re-entered the labor force after the Covid shutdowns.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that Republicans have an addiction to government spending nearly as severe as their Democratic colleagues.
 
The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
The International Monetary Fund (IMF) cautioned the British government on Tuesday as officials moved to cut taxes and regulations, arguing that the agenda will worsen inflationary pressures.
 
Sen. Bernie Sanders (I-VT) attempted to deflect blame away from Democrats for skyrocketing inflation on Sunday.
Sen. Bernie Sanders (I-VT) attempted to deflect blame away from Democrats for skyrocketing inflation on Sunday.
 
President Joe Biden argued on Friday that his administration was responsible for the largest decrease of the budget deficit in American history, while “mega MAGA trickle-down” policies from Republicans “failed the country.”
President Joe Biden argued on Friday that his administration was responsible for the largest decrease of the budget deficit in American history, while “mega MAGA trickle-down” policies from Republicans “failed the country.”
 
Fiscal discipline is missing from the battle against elevated inflation, according to a paper published by the Committee for a Responsible Federal Budget last week.
Fiscal discipline is missing from the battle against elevated inflation, according to a paper published by the Committee for a Responsible Federal Budget last week.
 
The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.
The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.
 
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
Steve Forbes, the chair of Forbes Media and editor-in-chief of Forbes Magazine, argued on Monday that monetary policymakers are neglecting currency stabilization as a tool to combat inflation.
 
Budd likened Beasley to be a "rubber stamp" of the Biden Administration's policies, while Beasley linked Budd to the "extremist" position of former President Donald Trump.
Budd likened Beasley to be a "rubber stamp" of the Biden Administration's policies, while Beasley linked Budd to the "extremist" position of former President Donald Trump.
 
Consumer price increases have been at or above 5% for 17 straight months.
Consumer price increases have been at or above 5% for 17 straight months.
 
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
The United States national debt surpassed $31 trillion for the first time in history, according to data from the Treasury Department released on Monday.
 
Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
Total household wealth in the United States fell $6.1 trillion dollars in the second quarter of 2022, according to data released on Friday by the Federal Reserve.
 
The White House announced a plan on Tuesday to “end hunger” through the expansion of welfare programs.
The White House announced a plan on Tuesday to “end hunger” through the expansion of welfare programs.
 
The Federal Reserve raised the federal funds rate 0.75% on Wednesday afternoon, sending the Dow Jones falling more than 500 points.
The Federal Reserve raised the federal funds rate 0.75% on Wednesday afternoon, sending the Dow Jones falling more than 500 points.
 
European banks have conducted stress tests complete with backup generators and dimmed lights to determine whether their operations will be impacted by energy rationing, according to a Wednesday report from Reuters.
European banks have conducted stress tests complete with backup generators and dimmed lights to determine whether their operations will be impacted by energy rationing, according to a Wednesday report from Reuters.
 
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