Recent News About The White House
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Biden: 'It's going to be a great year'; Wisconsin business owners predict recession
President Joe Biden said in a tweet that he believes 2023 will be a "great year," because parts of the Inflation Reduction Act are going into effect. However, the high rate of inflation over the last year resulted in trillions of dollars in lost wealth for American households, and many are struggling to keep up with high costs of living. Some economists are predicting a nationwide recession in 2023, and a majority of business owners surveyed by Wisconsin Manufacturers and Commerce predict a recession.
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Jean-Pierre castigates OPEC for constricting oil supply: The decision 'was a mistake and it was short sighted'
With the Organization of the Petroleum Exporting Countries (OPEC) having now gone public with its decision to slash oil production by as much as two million barrels per day, hard pressed White House officials are now taking an approach staffers hope will stabilize the market while also absolving the administration of blame.
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Rapier: Biden’s draining of SPR 'contradicts key objectives of reducing carbon emissions'
Forbes Magazine’s Robert Rapier charges the Biden’s administration’s use of the country’s Strategic Petroleum Reserve (SPR) crude oil is a political move and deviates from what the White House’s established policy is when it comes to reducing carbon emissions.