Stories tagged: "economic crisis"

FILE - A man pumps gas at a mini-mart in Pittsburgh on June 15, 2022. As the challenges confronting President Joe Biden intensify, his predictions of a rosy political future for the Democratic Party are growing bolder. The assessments, delivered in speeches, fundraisers and conversations with friends and allies, seem at odds with a country that he acknowledged this week was “really, really down,” burdened by a pandemic, surging gas prices and spiking inflation. (AP Photo/Gene J. Puskar, File)
Pennsylvania Dems Introduce Plan to Suspend State’s Gas Tax and Push Anti-Price Gouging Laws

State. Sen Lisa Boscola introduced a plan this week to suspend the state’s 57.6-cent-per gallon gas tax—the highest in the nation—for two months in order to reduce the cost of gas in the commonwealth. Boscola’s bill will require approval by the Republican-led legislature to become law.

Shown are eegs at a grocery store in Roslyn, Pa., Tuesday, June 15, 2021. Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount over the past year, another indication that inflation pressures are rising since the economy has begun to re-open following the pandemic lockdowns. (AP Photo/Matt Rourke)
All of Pennsylvania’s Republican Reps. Voted Against Bill Aimed at Lowering Gas and Grocery Prices

The Lower Food & Fuel Costs Act passed the US House despite all nine of Pennsylvania’s GOP representatives voting against it.

WILKES-BARRE, PENNSYLVANIA - A Sunoco gas pump reading shows more than $54 as a man pumps gas. (Photo by Aimee Dilger/SOPA Images/LightRocket via Getty Images)
Average Gas Price in Pennsylvania Now Tops $5 Per Gallon

Pennsylvanians are now paying an average of $5.03 for a gallon of regular gas. That’s a spike of more than 50 cents per gallon since last month.

Gas prices are displayed at a filling station in Yardley, Pa., Monday, March 14, 2022. (AP Photo/Matt Rourke)
Biden Tapping Oil Reserve for 6 Months to Control Gas Prices

Biden is also expected to call on Congress to impose financial penalties on oil and gas companies that lease public lands but aren't producing.

People pump gas at a Giant Eagle GetGo where a gallon of unleaded regular gas is $4.19.9, while at a neighboring Sunoco station, rear, a gallon of unleaded regular is $4.39.9, in Mount Lebanon, Pa., Monday, March 7, 2022. (AP Photo/Gene J. Puskar)
Wolf, Corman Trying to Keep Pennsylvania Gas Prices From Getting Further Out of Control

Gov. Tom Wolf and state Senate President Pro Tempore Jake Corman are urging fellow lawmakers to suspend the federal and state gas taxes.

FILE - Gov. Tom Wolf speaks at the Reading Area Community College in Reading, Pa., Tuesday, Sept. 14, 2021. Wolf followed through on his veto threat Thursday, Dec. 2, 2021, rejecting Republican-penned legislation to allow people to carry a firearm openly or concealed, without a permit, adding to his total for Pennsylvania's chief executive with the most vetoes in more than four decades. (AP Photo/Matt Rourke, File)
Wolf Outlines Plan to Spend $1.7B in Pandemic Relief Money

Under Gov. Wolf’s proposal, funding would go to families, small businesses, healthcare systems, and revitalization efforts impacted by the pandemic.

Black woman working at grocery store; Black and Latina women hit hard by job loss
Data from December’s Job Losses Show Black and Latina Women Were Impacted the Most

Women of color, for whom economic recovery is a more difficult task, continue to be hit hardest by the pandemic’s economic downturn.