GOP UNITED AGAINST BIDEN

GOP united against Biden. Republicans in Congress are united in opposing President BIden’s $6 trillion budget and instead are suggesting that his Covid relief bill is stalling the economic recovery, by allowing people to stay home and not go to work. They suggested that months ago, prior to the development and distribution of the vaccine, […]

DEMOCRATS HAVE COMPETING ISSUES

Democrats have competing issues. With the Presidential election in the rearview mirror, and the tax filing deadline now passed, the Democratic Party has found itself in a pickle as to whether to go it alone, or try to reach agreement with Republicans on multiple legislative issues confronting the nation. President Biden has stated, while running […]

IRS GETTING AGGRESSIVE AGAIN

IRS getting aggressive again. With the Biden Administration set to inject Trillions into a lackluster U.S. economy, the politics of debt financing have come home to roost. Under President Trump, Republicans didn’t mind opening up the coffers of deficit spending to give tax breaks to the rich, but now have changed their ways and want […]

NEW DETAILS ABOUT STIMULUS AMOUNT FORMULA

New details about stimulus amount formula. The amount of money you and your household receive with a third stimulus check—for example $1400, $2800, or $10–hinges on an important formula the IRS will eventually use to calculate your share set aside in the upcoming stimulus bill. The latest proposal would provide both adults up to $1400 […]

SUPPLY CHAINS TO SHIFT UNDER BIDEN

Supply chains to shift under biden. Companies plan to continue moving supply chains out of China regardless of who the winner of the election would have been. But now the President elect Biden is the winner, they will continue the move out of China. “Covid really put a spotlight–on supply chain risk.” While investment in […]