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Michelle Steel’s New Bill Seeks to Protect Low Income Families and Small Businesses From New IRS Audits

Michelle Steel’s New Bill Seeks to Protect Low Income Families and Small Businesses From New IRS Audits

The Family and Small Business Protection Act would defund the hiring of 87,000 new IRS agents. Rep. Michelle Steel (R-CA) and Rep. Adrian Smith (R-NE), Republican Leader of the Ways and Means Subcommittee on Trade, have introduced the Family and Small Business Protection Act in an effort to “to protect the taxpayers, rein in an...

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Inflation Shocks Americans at 8.6 Percent

Inflation Shocks Americans at 8.6 Percent

Many Americans are struggling to confront the reality of rising prices. Inflation keeps soaring. The latest number for consumers pegs it at an 8.6 percent yearly rate in May. Worse, the Producer Price Index, the costs for domestic producers, rose at a yearly 10.8 percent rate the same month. The PPI usually reflects future consumer...

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Musk Takeover of Twitter Sparks Questions, Uncertainty

Musk Takeover of Twitter Sparks Questions, Uncertainty

The billionaire’s purchase of the major social media platform has left its future in doubt, with significant changes likely coming. Only a few weeks ago, Elon Musk – the richest man in the world and the CEO of Tesla and SpaceX – publicly indicated that he had no interest in buying Twitter, saying that doing...