Congress Debates Spending Bill with 605 Pages of Earmarks Before Friday Shutdown Deadline

Congress Spending

The U.S. Congress is debating a spending package ahead of a government shutdown deadline on Friday, the day after President Biden’s scheduled “State of the Union” address.

Congress passed a bill last week to extend the first appropriations deadline to Friday, March 8 and the second to Friday, March 22.

Read More

Wisconsin U.S. Senator Ron Johnson Pushes Shutdown Prevention Bill to End ‘Stupid Exercise’

Another game of shutdown chicken ended last weekend with the status quo and the ousting of House Speaker Kevin McCarthy.

U.S. Senator Ron Johnson (R-WI) says its time to end the senseless — and costly — practice of shutdown politics.

Read More

Commentary: After Wrecking The Economy, Northam Finally Lifts (Most) COVID Restrictions

One thing proved certain.

When the nation’s only doctor cum governor was thrust into greatness, Northam had a chance to be a physician.

Instead, Northam was every bit the live-birth abortionist he advertised being long before his blackface scandal.

Read More

Dave Portnoy’s ‘Barstool Fund’ Raises $20M, Helps More Than 90 Small Businesses

The Barstool Fund, created by Dave Portnoy, has helped raise more than $20 million, helping nearly 100 small businesses hurt during the coronavirus pandemic lockdowns. Portnoy started the Barstool Fund one month ago with his own $500,000 to help small businesses.

The fundraiser has raised $20,119,270 from more than 156,000 donors and has aided 92 small businesses across the country as of Thursday evening.

Earlier in the day, Portnoy announced his fundraising success on Twitter, but stressed that their mission is far from over.

Read More

Minimum Wage Hikes Set for 2021 Imperil Businesses Struggling Amid COVID Shutdowns

More than 80 states and local municipalities are slated to see minimum wage hikes in 2021, even as business owners continue to struggle during the coronavirus pandemic.

The Employment Policies Institute, a non-profit based in Washington, D.C., that studies how public policy impacts employment growth, released a comprehensive list of the minimum wage increases that will go into effect next year and in subsequent years.

“Minimum wage increases are demonstrated to cause job losses even in times of economic health,” said Michael Saltsman, EPI’s managing director. “These states and local areas are increasing the cost of labor as businesses are dealing with forced closures or a drastic drop in revenue. Employers and employees will pay the price for these misguided good intentions.”

Read More

Virginia Business Community Praises COVID-19 Stimulus, but Seeks State Action for Full Benefits

Virginia business advocates praised the COVID-19 stimulus package passed by Congress but said additional state action is necessary for businesses to receive the full benefits of the legislation.

The $900 billion COVID-19 stimulus provides about $325 billion in aid to small businesses nationally, including $284 billion for forgivable Paycheck Protection Program (PPP) loans, $20 billion for Economic Injury Disaster Loan grants, $15 billion for live venues, independent movie theaters and cultural institutions and another $12 billion for businesses in low-income and minority communities.

Congress’ bill also addressed a couple of concerns businesses raised regarding the first wave of PPP loans. The bill simplifies the forgiveness applications and makes the loans tax deductible at the federal level. The deductibility applies to loans that already have been received and any loans received in the second wave, which would prevent a hidden tax increase on businesses.

Read More

Mississippi Governor Refuses to Participate in Possible Nationwide COVID-19 Lockdown

Republican Mississippi Gov. Tate Reeves said his state is “not gonna participate in a nationwide lockdown,” as coronavirus cases surge throughout the nation and some areas have re-issued COVID-19 mandates.

“The fact is, we’re gonna try to work with whomever the president is, but we’re not gonna participate in a nationwide lockdown,” Reeves said in a Thursday press conference, according to Fox News.

Read More

Truckers Plan ‘Stop the Wheels’ Shutdown in Protest of Joe Biden’s Plans for Fracking Ban, Green New Deal

If you notice store shelves that are empty of toilet paper and canned food again, it may be because of a truckers’ shutdown and not the Chinese coronavirus.

Truckers have been taking to social media to try to organize a “Stop The Wheels 2020” shutdown in protest of Joe Biden’s plans for the Green New Deal and a fracking ban in the event he assumes the presidency.

Read More

Commentary: We Have Had Enough Lockdown

Take off the masks and remove the “social distancing” circles from the floors. Open the schools, liberate college campuses, fill the restaurants and the gyms and the churches and the salons. Enough.

If 2020 wasn’t twisted enough, the current political imbroglio centers around a verboten visit to a California boutique for a routine blow-out. Americans are lining up either behind House Speaker Nancy Pelosi (D-Calif.), who claims she was “set up” to visit the San Francisco salon, or the salon’s owner, a woman struggling to keep her business alive amid cruel and unscientific edicts issued by her governor months ago.

Read More

Analysis: President Trump Was Correct About the Rapid Economic Rebound Post-Shutdown as Another 630,000 Americans Come Off Unemployment Benefits

Another 630,000 Americans came off continuing unemployment claims the week ending June 27, according to the latest unadjusted data from the U.S. Department of Labor, proving President Donald Trump is right about the economy rapidly recovering from the COVID-19 pandemic state-based shutdowns.

Since the week ending May 9, unadjusted continuing unemployment claims have dropped from 22.8 million to 16.8 million the week ending June 27, a massive turnaround of 6 million Americans who temporarily found themselves on unemployment benefits but then rapidly came off of it on a net basis.

Read More

Commentary: Can the Economy Withstand a Second Round of COVID-19?

Some 100 million people in China are now back in lockdown as fears of a second wave surge. Now that the US and the rest of the world is opening up, the probability of infection will most likely go up, as will the number of infections. What does that mean for the economy?

First, uncertainty and fear of another lockdown will negatively influence business decisions and overall economic recovery. Even if your business survived the first wave, would you be willing to go all in, invest, rehire people, renew leases, etc., if you think you will be shut down in the autumn?

Read More

Michigan Gov. Whitmer Refuses to Apologize for Coronavirus Restrictions, Says ‘I’m Not Changing the Way I Run This State’

Democratic Michigan Gov. Gretchen Whitmer said Monday that she will not change the way she runs Michigan during the coronavirus pandemic.

The Michigan governor discussed her coronavirus restrictions and the protests that have erupted against her executive orders during an interview with Fox News.

Read More