Posted in Department of Labor DOL Economics shelter in place unemployment Wuhan coronavirus

Unemployment Claims Soar With Additional 6.6 Million Filed Last Week

The new numbers bring the two-week total of jobless claims to 10 million as government-mandated quarantines shutter businesses and put people out of work.

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Posted in coronavirus doctors Facebook FaceTime Health Care HHS HIPAA OCR Roger Severino Social Media Telehealth

HHS Waives Potential Privacy Penalties Over Telehealth During Wuhan Virus Pandemic

HHS announced Tuesday that it would be waiving penalties for potential violations under HIPAA to better enable providers to offer telehealth services.

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Posted in Chris Bedford debt Donald Trump Federal Reserve Finance House of Representatives Jerome Powell loans Loretta Mester National Debt Quantitative Easing The Federalist Wuhan virus

Federal Reserve Announces $700 Billion Asset Purchases, Cuts Interest Rates To Zero

The nation’s central bank stated in an emergency that it was ‘prepared to use its full range of tools’ to keep the economy afloat.

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Posted in Deb Fischer Frank Pallone Health Care Industrial Mask New York Post Surgical Mask

House Democrats Are Causing Mask Shortage In Wake Of Wuhan Virus Pandemic

House Democrats stripped language from the emergency-response supplemental package that would have extended the PREP Act’s protections to industrial masks

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Posted in Budget cigarettes Donald Trumo e-cigarettes FDA HHS Joe Grogan Senate smoking tobacco vaping White House

Trump Administration Proposes Removing Tobacco Authority From FDA

President Trump called for the Food and Drug Administration to lose its authority to regulate tobacco products in his budget request unveiled on Monday.

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Posted in American Enterprise Institute AOC Bernie Sanders Economics socialism Venezuela

Alexandria Ocasio-Cortez: ‘We Do Not Live In An Advanced Society’

Freshman Congresswoman Alexandria Ocasio-Cortez argued earlier this month that the United States still does not enjoy an advanced society.

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Posted in Donald Trump Dow Economics Economy impeachment Media NAFTA Nancy Pelosi New York Times Paul Krugman S&P 500 Stock Market USMCA

DOW Officially Exceeds 28,333, Up 10,000 Points Since Trump Election Despite Doomsday Predictions

The DOW fficially reached 28,333, hitting a 10,000 point high since Trump’s triumphant Republican victory in 2016 despite doomsday predictions.

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Posted in Budget Congress Congressional Budget Office debt deficit Entitlements federal budget federal debt Federal Reserve federal spending Green New Deal Jerome Powell Medicare for all

Federal Reserve Chair: Our Massive Federal Budget Deficits Are Unsustainable

Jerome Powell, the chairman of the Federal Reserve, issued an ominous warning to lawmakers Wednesday that the federal budget is on ‘an unsustainable path.’

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Posted in Budget Elizabeth Warren Green New Deal Heritage Foundation Medicare for all Progressive reparations Socialist Taxes universal basic income

Want A European-Style Welfare State? Get Ready For European-Style Tax Rates

‘The reality is that progressive promises can only be funded by radical tax increases on the middle class, a dramatic increase in annual federal deficits…

Continue Reading Want A European-Style Welfare State? Get Ready For European-Style Tax Rates