Zachary Halaschak
Washington Examiner
Mountain View, CA, United States
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Recent articles by Zachary:
Inflation ticks down to 8.5%, bolstering hopes it might be cresting
Inflation slowed to 8.5% for the 12 months ending in July thanks to lower energy prices, according to the consumer price index, a welcome sign that price pressures might be peaking. → Read More
WV treasurer eyes larger war on ESG after fossil fuel battle with Wall Street
West Virginia’s treasurer sees his state’s successful effort to cut off financial institutions that “boycott” fossil fuel companies as a prelude to a broader push against what is known as the environmental, social, and governance, or ESG, movement. → Read More
Manchin-Sinema bill reduces taxes on most but hits some below $400K promise: JCT
An analysis found that the Inflation Reduction Act would reduce the tax burdens of most people but still decrease the after-tax income of some earning below $400,000. → Read More
Increase in core inflation expected for July report despite falling gas prices
Core inflation is expected to rise in the consumer price index report set for release Wednesday, even as falling gas prices are forecast to bring down overall inflation. → Read More
Inflation expectations tumble as Fed gears up for more rate hikes
The Federal Reserve’s aggressive interest rate hikes appear to be driving down consumer expectations for inflation in the coming months and years. → Read More
Sinema shields key tax incentive favored by supply-siders in Manchin-Schumer bill
Sen. Kyrsten Sinema (D-AZ) appears to have gotten a concession in the new Democratic inflation legislation that would preserve a feature of the tax code favored by Republicans and many economists as a way of increasing business investment and economic growth. → Read More
Sinema stock buyback tax would hit retirement accounts, business groups say
A deal between Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) on a healthcare, tax, and climate proposal, dubbed the Inflation Reduction Act of 2022, has cast a new spotlight on Sen. Kyrsten Sinema (D-AZ), who is the only unclear Senate Democratic vote on the legislation. → Read More
Economy shatters expectations in July, adds 528,000 jobs
A deal between Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) on a healthcare, tax, and climate proposal, dubbed the Inflation Reduction Act of 2022, has cast a new spotlight on Sen. Kyrsten Sinema (D-AZ), who is the only unclear Senate Democratic vote on the legislation. → Read More
Manchin-Schumer 15% tax on 'book income' was tried and ditched in 1980s
The Democratic proposal to impose a minimum tax on book income was tried before nearly 40 years ago, and some say the experience reveals problems with the current plan. → Read More
Democratic inflation bill would have little near-term effect on prices: CBO
The Democratic inflation legislation would have little effect on combating inflation in the near term, according to a Congressional Budget Office analysis. → Read More
Jobless claims tick up to 260,000 amid recession fears
A deal between Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) on a healthcare, tax, and climate proposal, dubbed the Inflation Reduction Act of 2022, has cast a new spotlight on Sen. Kyrsten Sinema (D-AZ), who is the only unclear Senate Democratic vote on the legislation. → Read More
Manchin-Schumer IRS funding boost will mean audits for middle class, GOP says
Republicans argued that the $80 billion boost to IRS funding included in the Democratic inflation bill would end up hurting lower- and middle-class taxpayers, rather than the billionaires advertised by Democrats. → Read More
Bipartisan group of former Treasury secretaries back Manchin-Schumer bill
A deal between Sen. Joe Manchin (D-WV) and Senate Majority Leader Chuck Schumer (D-NY) on a healthcare, tax, and climate proposal, dubbed the Inflation Reduction Act of 2022, has cast a new spotlight on Sen. Kyrsten Sinema (D-AZ), who is the only unclear Senate Democratic vote on the legislation. → Read More
What federal marijuana legalization would mean for state tax revenues
Senate legislation to deregulate marijuana could give a boost to states that have legalized and taxed the drug and dedicated the revenues to social programs. → Read More
Marty Walsh long opposed legal cannabis. As labor secretary, he won't say how he feels
Secretary of Labor Marty Walsh long opposed legalizing marijuana as the mayor of Boston, but as Democrats introduce legislation to do so nationally, his position is unclear. → Read More
Manchin-Schumer tax hikes would eliminate 30,000 jobs: Report
New modeling by the Tax Foundation estimates that the Democratic inflation legislation's tax hikes would eliminate some 30,000 jobs. → Read More
Democrats defend against charge that Manchin-Schumer bill will hit manufacturers
Washington Examiner Energy and Environment Reporter Jeremy Beaman joins Jim Antle to the discuss what is in the surprise reconciliation bill from Chuck Schumer and Joe Manchin. → Read More
Job openings fall for third straight month as economy shows signs of slowing
Washington Examiner Energy and Environment Reporter Jeremy Beaman joins Jim Antle to the discuss what is in the surprise reconciliation bill from Chuck Schumer and Joe Manchin. → Read More
Recession odds increasing as Fed struggles with explosive inflation
The odds of the economy falling into a recession have risen over the past several months as inflation remains stubbornly high and the Federal Reserve is forced to hike rates. → Read More
Historic inflation hits households hard
The highest inflation in more than four decades is making everything from shopping for groceries to taking a vacation much more expensive for consumers. → Read More