Former President Joe Biden’s aides privately discussed the possibility of the president needing to use a wheelchair if he were re-elected in the 2024 race, as his physical deterioration spiraled in 2023 and 2024, a new book claims. ‘Biden’s physical deterioration — most apparent in his halting walk — had become so severe that there were internal discussions about putting ...
Sen. Ted Cruz, R-Tx., has introduced a proposal for the federal government to provide $1,000 in an account for every American child. The ‘Invest America Act’ would create ‘a private tax-advantaged account with a $1,000 seed investment from the federal government for every American child at birth,’ according to a press release. People would also be able to add funds ...
Dominik Lett Medicaid, a joint state and federal medical care program, already costs more than national defense. And despite $1.1 trillion in improper payments over the past decade, Congress is sheepish about reforming it. Without major changes, Medicaid will accelerate the growth of the deficit, propelling the US towards a debt crisis. The program is overdue for an overhaul. The ...
The UK has taken a major step towards mainstream adoption of digital assets with the launch of GFO-X, London’s first regulated and centrally cleared cryptocurrency derivatives trading platform. Backed by FTSE 100 asset manager M&G and authorised by the Financial Conduct Authority (FCA), GFO-X will offer institutional investors access to bitcoin index futures and options. The first trade on the ...
The UK government’s ambitious immigration reforms risk harming economic growth and deepening the country’s skills crisis unless matched by a fundamental overhaul of the domestic training system, leading business groups have warned. Following Prime Minister Sir Keir Starmer’s announcement of a “comprehensive plan” to reduce immigration, the Institute of Directors (IoD) said the proposals could worsen already critical labour shortages ...
Chris Edwards On May 11, 60 Minutes examined the huge fraud problem in federal spending programs. The piece stressed the growing losses from large-scale looting of benefit and subsidy programs by criminal gangs based both here and abroad. The federal government is a vast transfer machine. It spends more than $4 trillion a year on 2,400 aid, benefit, and subsidy ...
House Republicans are moving to put stricter work requirements on food stamps in a bid to cut government waste and find taxpayer savings for President Donald Trump’s ‘big, beautiful bill.’ Cobbling the vast piece of legislation together takes coordination by 11 different House committees, each working on a portion of it under their panel’s jurisdiction. The portion released on Monday ...
As Vermont Sen. Bernie Sanders continues to travel around the country on his ‘Fighting Oligarchy’ tour, while at the same time defending his use of private jets to do so, an energy watchdog group has calculated the true scope of the carbon emissions his flights have emitted. During the 16 stops of the tour, which Sanders embarked on with the ...
Wage growth in the UK has slowed to its weakest level since November, while unemployment has crept higher, as businesses brace for a series of cost pressures including tax hikes and a rise in the national minimum wage. According to new data from the Office for National Statistics (ONS), regular pay excluding bonuses rose by 5.6% in the three months ...
A combination of unseasonably sunny weather and the later timing of the Easter break fuelled a sharp increase in retail sales across the UK in April, as consumers headed outdoors and opened their wallets for home and garden improvements, new data shows. Retail spending rose by 7% year-on-year last month, according to figures from the British Retail Consortium (BRC) and ...