Stories tagged: "economy"


A sign indicates an empty storefront among is available along East Carson Street in the Southside neighborhood of Pittsburgh, Thursday, Jan. 7, 2021. (AP Photo/Keith Srakocic)
Shapiro Creates New Office to Spur the State’s Economic Growth, Keeping Another Campaign Promise

Governor Josh Shapiro is keeping a promise he made to businesses across the commonwealth by creating a new office to streamline permit processes and expedite reviews and key incentive programs.

Speaker of the House Kevin McCarthy, R-Calif., speaks during a news conference in Statuary Hall at the Capitol in Washington, Thursday, Jan. 12, 2023. McCarthy rounded his first full week as House speaker in the most outwardly orderly way. There was hardly a hint of the chaotic, rebellious fight it took for the Republicans to arrive here, having barely installed him as the leader with the gavel. (AP Photo/Jose Luis Magana)
MAGA Republicans Plan to Hold the Economy Hostage to Cut Social Security and Medicare

The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.

AP Photo/Carolyn Kaster, File
10 Ways the Federal Government Delivered for American Workers and Families This Year

Under Democratic control, the federal government acted to lower healthcare and prescription drug costs; fight climate change and lower energy costs; invest in gun safety and mental healthcare; and implement a generational investment in American industry, manufacturing, and infrastructure.

FILE - Freight train cars sit in a Norfolk Southern rail yard on Sept. 14, 2022, in Atlanta. The Biden administration is saying the U.S. economy would face a severe economic shock if senators don't pass legislation this week to avert a rail worker strike. The administration is delivering that message personally to Democratic senators in a closed-door session Thursday, Dec. 1.  (AP Photo/Danny Karnik, File)
Biden Signs Bill to Block Rail Strike to Protect Economy; Senate Voted Down Effort to Give Rail Workers Paid Sick Days

Democratic lawmakers tried to pass a second bill that would have added paid sick days to the agreement, but were unable to reach the 60-vote threshold needed in the Senate, due to most Republican senators opposing the measure.

File - Frozen turkeys are displayed at a supermarket in Philadelphia, Wednesday, Nov. 17, 2021. Americans are bracing for a costly Thanksgiving this year, with double-digit percent increases in the price of turkey, potatoes, stuffing, canned pumpkin and other staples.(AP Photo/Matt Rourke, File)
No Thanks: How Much More You’ll Pay for Thanksgiving Dinner This Year in Pennsylvania

Your Thanksgiving meal with friends and family could cost you upwards of 20% more this year, depending on where you’re eating it.

AP Photo/Andrew Harnik
The Republican Party’s Economic Agenda Includes Tax Cuts for Corporations and Cuts to Social Security and Medicare

Republicans have said they want to extend the Trump tax cuts, which mostly benefited billionaires and corporations; cut spending on Social Security and Medicare; and repeal the Inflation Reduction Act, which lowered the cost of prescription drugs and raised taxes on corporations.

A Lowe's employee walks through the parking lot as shoppers walk to their car after shopping at a store in Robinson Township, Allegheny County, on Wednesday, May 6, 2020. (AP Photo/Gene J. Puskar)
These State Democrats Are Up for Reelection; Here Are the Minimum Wage Bills They’ve Proposed

If Democrats can make sizable gains on the Republican majority in Harrisburg this election, maybe we’ll finally see some movement on the minimum wage.