Three cent increase to account for inflation. The U.S. Postal Service (USPS) recently filed a notice that proposed raising the price of first-class Forever mail stamps from 60…
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Unrelated Policies in Defense Authorization Bill
High credit card fees are one example. Unrelated amendments by members of Congress have been added to the must-pass Defense Authorization Act that sets spending and policy priorities…
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Job Openings Decreased in August
Federal Reserve’s actions to slow the economy begin taking hold. The Bureau of Labor Statistics reported that job openings in August decreased to 10.1 million, down from 11.239…
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Bipartisan Senators Propose China Grand Strategy
Commission would address economic and military challenges from China. Senators John Cornyn of Texas and Tim Kaine of Virginia announced plans to create a 2-year commission to develop…
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August Inflation Higher Than Expected
Food prices rising faster than other items. The Bureau of Economic Analysis released data on inflation for August which showed the personal consumption expenditure (PCE), excluding food and…
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President Urges Gas Stations to Lower Prices
He asks the same of cell phone services and banks. On Monday, President Joe Biden urged companies running gas stations, banks, and cell phone services to lower costs…
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Bank CEOs Questioned in House Hearing
Endorsed Federal Reserve hikes to counter inflation The House of Representatives Financial Services Committee questioned bank CEOs last week, inquiring on a variety of topics. The hearing primarily…
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House Committee Advances Social Security Benefits Bill
The bill would increase benefits for certain public workers. Legislation advanced in the House Ways and Means Committee would eliminate rules that reduce Social Security benefits to persons…
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VA Extends Pandemic Hardship Relief
The pandemic program will now expire at the end of 2022. The Department of Veterans Affairs (VA) has extended its hardship suspension for benefit debts to December 31.…
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More American Workers Going on Strike
Many seek pay raises to keep up with inflation. In the past few weeks, thousands of teachers in Ohio and Washington, nursing home workers in Pennsylvania, and health…
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