According to the US Department of Labor’s Office of the Inspector General (OIG), about $46 billion in pandemic unemployment benefits might have been paid to fraudsters. Initially, the OIG estimated that only $5 billion…
According to the New York Times, there is one silver lining to inflation; it will save you money on your taxes next year. Why is that the case? That’s because…
Two days ago, President Joe Biden announced that he is canceling some portion of student debt for individuals who earn less than $125,000. American Experiment has written extensively in the…
The proposed Inflation Reduction Act won’t reduce inflation but will increase taxes. A report from economists at Moody’s Analytics said the opposite – or at least it appeared to. Business…
Corporate taxes are some of the more popular taxes there are. Last year, Morning Consult found that: “Sixty-five percent of registered voters said they strongly or somewhat support funding Biden’s…
Senator Joe Manchin and Senate Majority Leader Chuck Schumer announced a climate, health care, and tax package last week. CBS News reports that the bill: …calls for $369 billion for…
If you have looked at the news lately, chances are you have read that the Florida legislature passed a bill that will dissolve the private government that Walt Disney World currently operates.…
Opponents of a $350 million Chinese-backed agricultural processing plant proposed in Grand Forks captured far more than the required 3,617 signatures on a petition to put the controversial project up…
President Joe Biden presented his budget for the fiscal year 2023, and much like earlier proposals with his Build Back Better plan, the proposal does not deviate from Biden’s core…
It’s not official yet, but the fate of a controversial $350 million Chinese-backed agriculture processing plant tentatively approved by the Grand Forks City Council may soon be in the hands…
The Grand Forks City Council has already voted to move forward with a controversial development agreement on a proposed $350 million corn-milling plant by the Chinese-owned company Fugeng Group. But…
Two Chinese companies stand to benefit from millions of dollars in local tax breaks being offered to locate or expand their operations in Grand Forks and Duluth. No one evidently…
Meta (the new name for Facebook’s parent company) lost more than $200 billion in stock value on Thursday. As a result, Mark Zuckerberg saw his net worth significantly drop. Facebook…
In March 2020 Congress passed the Coronavirus Aid, Relief, and Economic Security Act, also known as CARES Act. The $2.2 trillion spending program contained spending programs to provide relief to…
When Congress passed the Tax Cuts and Jobs Act (otherwise known as Trump tax cuts) in 2017, one of its biggest criticisms was that it was a handout for the…
After several delays due to modifications, Democrats in the House of Representatives are poised to vote on their $1.75 trillion Build Back Better spending plan. The bill, which has gone…