Tag: economic inequality

Treasury Secretary Scott Bessent called on UC Berkeley to fire Reich after he disputed White House claims that the wealth gap has closed.

As administration officials point to consumer spending as evidence of confidence, polling, inflation data, and rising credit card delinquencies suggest many Americans are experiencing a very different economy.

New legislation would create a sovereign wealth fund funded through equity transfers from major artificial intelligence firms, aiming to distribute AI-generated wealth beyond Silicon Valley investors.

Federal Reserve researchers find rising hunger, declining financial confidence, and growing hardship concentrated among lower-income families, households with children, and SNAP recipients.

Lawmakers and advocacy groups propose taxing fossil fuel windfalls as war-driven price spikes hit American households and deepen inequality.

Treasury guidance weakens corporate minimum tax as the Agriculture Department warns states to “undo” full November SNAP payments amid shutdown confusion.

As new tariffs drive up costs for food, steel, and manufacturing inputs, corporations are using the trade war as cover to inflate prices and profit margins while working families foot the bill.

With nearly half of older workers having no retirement savings, Sen. Bernie Sanders introduces sweeping legislation to guarantee all Americans the same pension security enjoyed by members of Congress.

New congressional analysis reveals massive tax breaks for the wealthiest Americans while working families shoulder cuts, tariffs, and rising costs under GOP economic plans.

A new report reveals 35 of the wealthiest GOP lawmakers—worth over $2.5 billion—stand to profit from Trump’s tax cuts while their constituents lose access to SNAP, Medicaid, and student aid.