“I wish the White House had a vaccine for ‘denial,’ because their in denial about the recession, worker shortages, and inflation. Who in their right mind raises taxes heading into a recession? To me this seems very deceptive. They'd taken Tax Hikes off the table, and now they’ve put them back on – that’s $300 billion landing on U.S. companies that employ American workers and that build things in America,” said Cong. Kevin Brady.
China's President Xi Jinping delivered a fierce warning to President Joe Biden this morning during a two-hour phone call, telling him, "Those who play with fire will get burned. We hope the U.S. side can see this clearly," as tensions between the two super-powers approach a boiling point while the White House braces for a potential military response to Nancy Pelosi's upcoming trip to Taiwan.
It’s official – we’re in a recession. And we have been all year. Americans have totally lost confidence, and their assessment of family economic conditions six months from now is at its lowest since 2013. Small business sentiment is at a 48-year low. Higher interest rates have clobbered home construction, which is down 14% annually. And Joe Biden & the Democrats say the economy is strong?
In the aftermath of a soaring inflation report two weeks ago – showing that June's prices were rising at their fastest rate in over 40 years and inflation was at its highest level since 1982 – the Federal Reserve announced earlier today it was again hiking interest rates and would continue its aggressive campaign of increases through the end of 2022. Bank officials signaled more rate increases are on the way.
As 75% of middle-class Americans now say they're falling behind financially, and as a majority of Americans say they are worse off today than they were one year ago, a radical group of leftist activists called "Shutdown DC" is threatening to protest outside of tomorrow night’s Congressional Baseball Game in Washington, DC. They’re also graffitiing churches and firebombing Crisis Pregnancy Centers.
America has not seen a political environment this bad for an incumbent since 1980. Even 2010 was not as bad for Barack Obama as 2022 is for Joe Biden – and 2010 saw massive Democrat losses. You'd have to go all the way back to the 1890s to find a comparable level of damage being done by an incumbent party from the Federal to the Local Level – and 2022's shaping up to be worse than 2010.
While a new Rasmussen Reports National Survey shows that barely 1-in-5 of "Likely U.S. Voters" think it would be good for Democrats to have President Biden seek re-election in 2024, most believe Republicans are headed for victory this November. And, with 46% Strongly Disapproving of Mr. Biden 's job and just 19% Strongly Approving, his Presidential Approval Index clocks in at a -27.
Political & economic analysts are characterizing this week as a “Category 5 Economic Storm” for Democrats and the Biden White House. After shrinking in the 1st Quarter, the next set of official 2022 numbers come out Thursday morning and the Biden White House is already arguing "we’re not in a recession" – which seems like a clear indication they know what's coming. By mid-Thursday morning, we'll know if the U.S. is now in "a recession."
There’s a critical Mid-Term Election coming up in November, so Joe Biden and his fellow Open-Borders, "Defund the Police," and Soft-On-Crime Democrats want you to believe that they’ve actually been focused on – and have all along cared about – the nation's escalating level of crime. In reality, the only thing they’re focused on is reelection, and they're playing big time defense on crime.
"Texas has been the nation's top exporter of semiconductors and other electronic components for 11 years in a row, solidifying 'Made in Texas' as a powerful global brand and a beacon of innovation. Congress has an opportunity to unlock even greater economic potential for Texas and the U.S. by passing the CHIPS Act of 2022, and I call on Congress to do so without further delay," said Gov. Abbott.
Texas added 82,500 total nonfarm jobs in June 2022, the largest over-the-month job gain yet in 2022. For the eighth consecutive month, the state set new employment highs as total nonfarm employment reached 13,431,100.
Ensuring our state’s finite water supplies meet future demand requires strategic planning and collaborative efforts from Texas citizens and every level of government.
Governor Greg Abbott Wednesday issued a statement following Samsung Electronics, Co., Ltd.'s ("Samsung") decision to potentially increase their historic investment in Texas to include 11 new semiconductor manufacturing facilities in Taylor and Austin.
U.S. Senator Ted Cruz responded to the decision by U.S. Trade Representative Katherine Tai to take action against the Mexican government for undermining U.S. Energy Producers in violation of the United States-Mexico-Canada Agreement (USMCA).
If you were to tell me that someone in politics is corrupt - criminally corrupt - I'd be open to believing you, but I wouldn't join you in calling for their head without a little something called evidence. Not your thoughts, not your conclusions, your women's intuition, or your Spidey sense tingling, I'd need proof!
Attorney General Ken Paxton joined an Oklahoma-led petition for rulemaking asking the U.S. Department of Health & Human Services to repeal regulations that unlawfully delegate Emergency-Declaration Authority to the World Health Organization.
The Texas Workforce Commission (TWC) is currently accepting applications to serve on the Advisory Committee of the Purchasing from People with Disabilities Program, also known as the "Works Wonders Program."