Despite the ever-increasing need and demand in the US, donations to food banks have unfortunately experienced a decline. This can be attributed to the challenging financial situation faced by many Americans, who find themselves less able to donate due to inflation and skyrocketing food and grocery prices.
President Joe Biden spiraled swiftly from a celebratory tone to an angry outburst at a festive event at the White House on Wednesday to mark the anniversary of signing into federal law the Inflation Reduction Act.
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According to Federal Reserve Economic Data, the corporate debt is slowing down. As per the FRED Chart, in the past the slowdown in corporate borrowing has led to a weakening of the US economy