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Daily News Brief for Friday, December 2nd, 2022

Daily News Brief for Friday, December 2nd, 2022

FromDaily News Brief


Daily News Brief for Friday, December 2nd, 2022

FromDaily News Brief

ratings:
Length:
17 minutes
Released:
Dec 2, 2022
Format:
Podcast episode

Description

This is Garrison Hardie with your CrossPolitic Daily NewsBrief for Friday, December 2nd, 2022. Happy Friday everyone! Let’s finish our week strong. 
 
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https://www.foxnews.com/media/yellen-blames-americans-splurging-pandemic-record-high-inflation
 
Janet Yellen blames Americans' 'splurging' for record-high inflation
 
Treasury Secretary Janet Yellen blamed consumers' excessive spending habits as a primary cause for the near 40-year-high in inflation on Wednesday.
 
The Biden official appeared on "The Late Show with Stephen Colbert," where she was asked about the price increases that have plagued the U.S. for more than a year.
 
Colbert asked her to explain to his audience how inflation got out of hand when "two years ago everything seemed fine." The late-night host, known for his sycophantic boosting of President Biden and Democrats, even noted the Biden administration dismissed inflation as a "small risk" as recently as last year.
 
Yellen argued the administration managed the COVID-19 pandemic so well that consumers felt comfortable to "splurge" on goods.
 
Is The U.S. Headed For A Recession? Sec. Janet Yellen Gives Her Outlook- Play 0:55-3:48
 
There was no mention during the remarks about multitrillion-dollar spending bills that have been passed and signed during Biden's administration. She also isn't the only White House official who's blamed inflation on Americans spending recklessly or who has dismissed economic concerns.
 
White House chief of staff Ron Klain was mocked for suggesting rising costs and supply chain issues were a "high class" problem last year. 
 
Energy Secretary Jennifer Granholm was also criticized for laughing at rising gas prices and offering Americans tax credits for installing solar panels on their homes.
 
Liberal journalists like MSNBC's Stephanie Ruhle have also argued consumers could afford to spend more money on groceries and utilities.
In October, the Consumer Price Index rose 0.4% from September.
 
Despite prices still being near the 40-year high, Biden told a reporter last month that the economy was "strong as hell."
 
https://www.theblaze.com/news/ny-democrats-want-taxpayers-to-shell-out-300m-to-help-illegal-migrants-avoid-deportation-we-have-a-moral-obligation
 
NY Democrats want taxpayers to shell out $300M to help illegal migrants avoid deportation: ‘We have a moral obligation’
 
Two Albany Democrats, originally from New York City, are pushing for a bill to cover the legal fees of illegal immigrants battling deportation, which would cost taxpayers roughly $300 million, the New York Post reported.
 
Manhattan Senator Brad Hoylman (D) and Queens Assemblywoman Catalina Cruz (D) support the legislation despite estimates that it will require a $55 million down payment in 2023.
 
Proponents of the legislation are pushing for New York Governor Kathy Hochul (D) to support the proposal and commit to $100 million in funding from the state’s budget. On Wednesday, the governor committed to providing $3 million to nonprofit organizations assisting immigrants with their asylum applications.
 
Critics of the bill expressed concern that the legal defense could help potentially “dangerous people” remain in the United States and hurt public safety. Those opposed to the measure also cited budget concerns and noted that New York City is already estimated to spend $1 billion on costs related to the influx of migrants arriving in the city.
 
The bill would cover legal defense costs for any incarcerated immigrant, regardless of the criminal convictions that initia
Released:
Dec 2, 2022
Format:
Podcast episode

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