“Poor and working people are paying the price” of the president’s tariff policies, said Rep. Pramila Jayapal US consumers are increasingly feeling the impact of President Donald Trump’s tariffs, and the head of the Congressional Budget Office said on Monday that they are fueling inflation. During an appearance on CNBC, Congressional Budget Office (CBO) director Phillip […]
Federal Budget Bill Will Slash Jobs in Energy, Construction, Health, and Public Sector to Finance Tax Cuts for Billionaires As the U.S. Senate passes the federal budget bill, Alaska House Labor and Commerce Committee Co-Chairs are raising the alarm about the devastating economic impacts of the bill on Alaska, which will not only affect the […]
Instead of strategically imposing tariffs, Trump has chosen to “give the country the most massive tax increase in its history, possibly exceeding $1 trillion on an annual basis.” As stocks “nosedived” on Thursday, economists, policymakers, and campaigners around the world continued to warn about the impacts of U.S. President Donald Trump’s trade war, which includes […]
“He’s taking a sledgehammer to the economy and pursuing unpopular, reckless trade policies that will do nothing to benefit workers and only serve to increase costs for consumers,” warned one expert. After U.S. President Donald Trump announced long-anticipated sweeping tariffs at the White House Rose Garden on Wednesday, economists, labor leaders, American lawmakers, and other critics reiterated […]