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Erdman at the Legislature: Economy, pink tax increase notices

Sen. Steve Erdman - Sep. 23, 2022

All of the signs are indicating that the U.S. economy is entering into a long-term recession. Last Wednesday, the Federal Reserve raised the key interest rate by three-quarters of a point and raised the short-term interest rate from 3% to 3.25%, the highest level since 2008. Add to this the Biden Administration’s plan for student […]

Erdman at the Legislature: Economy, pink tax increase notices

Sen. Steve Erdman -

All of the signs are indicating that the U.S. economy is entering into a long-term recession. Last Wednesday, the Federal Reserve raised the key interest rate by three-quarters of a point and raised the short-term interest rate from 3% to 3.25%, the highest level since 2008. Add to this the Biden Administration’s plan for student […]