U.S. Economy Loses Two Key Pillars of Support for 2022

Hello. Today we look at the fate of President Joe Biden’s spending package after the objection of a key Democrat, Turkey’s falling lira and The Onion’s guide to inflation.

The derailing of President Joe Biden’s $1.75 trillion spending plan means the U.S. economy enters 2022 facing yet another coronavirus wave with less help from the Federal Reserve and the federal government.