Stories tagged: "inflation"

President Joseph R. Biden, Jr.
Deficit Reduction, Lower Costs Cornerstone of Biden Budget

Based on the Biden Budget proposed last month, it’s clear what the President values — deficit reduction, a fairer tax code, and lower costs.

Boyer's employee Emily Quinn stocks dairy items. At the Boyer's Food Markets grocery store in Womelsdorf 
on April 8, 2021. (Reading Eagle Photo via Getty Images/Ben Hasty)
Grocery Store Prices Are Up, But So Are Corporate Profits

Pennsylvanians are wringing their hands over the still-increasing costs of living while businesses, as a whole, are raking it in. 

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.

Image via Jessica Morrison
Here’s How the Child Tax Credit Helped Pennsylvania Families Deal With Inflation

The final monthly payment of the child tax credit arrived last week—families will get another six months’ worth when they file their taxes in 2022—but President Joe Biden and Democrats in Congress want to extend the provision another year through the Build Back Better Act.