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chuckat schumer, released a joi statement, with senator manchin saying that theem west virginia democrat will now support, not oppose, but yes, support the democrats'rt big new budget dea. despite objecting to it, just two weeks ago. now, we don't have all the details yet, but a one-page summary says that the deal will make progress in some pretty big areas. including a 15% minimum tax on corporations, along with other provisions to make the ultra wealthy pay their fair share of tax. lowering affordable care act premiums for millions of americans, allowing medicare to negotiate the p...

Butee each interest rate increa, it increases the cost of mortgages and car loans and student loan payments and those higher costs are not some bad side effect of the fed's policy goal, rather increasing borrowing costs across the economy is the goal. it is what jerome powell wants to happen. because when people have less money, the theory is they spend less money and when people spend less money, inflation goes down. that is whatat we are talking about when i we say that the federal reserve is raising interest rate. there is a case to be made that is the kind of tough medicine our economy nee...