President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump's action didn't affect the caps on seniors' drug costs or Medicare price negotiations that Biden signed into law.
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for future manufacturing growth, and having brought down decades-high inflation without triggering a recession.
President Trump at a rally in Las Vegas on Saturday promoted his "No Tax On Tips" proposal and talked about how the current tax system punishes workers in the food and beverage industry. "When I think of Biden,
Shortly after Biden took office in January 2021, inflation began to surge. The Covid-19 pandemic and the supply-chain crisis that followed, combined with generous stimulus spending and Russia’s invasion of Ukraine in early 2022 had created a perfect storm of inflationary pressures that resulted in prices climbing faster than they had since the early 1980s.
January, the Biden administration released its proposed Medicare Advantage rates in 2026. These are the rates that the government pays insurers for the program to provide low-cost, affordable plans for seniors.
Joe Biden will undoubtedly paint a picture of a successful tenure as president. But I won't be fooled – and neither should other Americans.
It is report card time for the 46th president of the United States. Unfortunately for President Joe Biden, he does not make the grade.
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
As President Joe Biden gets ready to leave office, we consider his accomplishments, failures, and what his legacy will be.
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.
Republicans are taking control of the House, the Senate, and the White House for only the third time since the presidency of Dwight Eisenhower.