Trump Seeks $88 Billion for Iran War
Original Report
President Donald Trump asked Congress to pass a supplemental spending package to backfill the cost of the war in Iran and respond to public health crises abroad. Steve Ellis, President of Taxpayers...
President Donald Trump asked Congress to pass a supplemental spending package to backfill the cost of the war in Iran and respond to public health crises abroad. Steve Ellis, President of Taxpayers for Common Sense joins Balance of Power to discuss the supplemental funding request. (Source: Bloomberg)
Glass House Analysis
Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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