Author: Rick Amato

Rick Amato hosts the national TV show ‘Politics and Profits with Rick Amato’ which is available in 60 million+ homes across America

Nobody asked me but … With this week having been the anniversary of the 9/11 terrorist attacks I find it absolutely unacceptable that President Joe Biden became the first US President since the attacks to not visit New York City or the other attacked sites on the anniversary. Think about that for a moment. How can a U.S. President not pay tribute to the heroes and the innocent lives lost in the worst terrorist attack in American history? And how can the media not be outraged? The mainstream media has been relatively silent over his choice to be absent. Silent. Why?…

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Entitlement reform has been a top policy item for those in charge of fiscal health, but the political cost of discussing it is too high for politicians to bear. Senator Bill Cassidy, R-La., who chairs the Senate Committee on Health, Education, Labor and Pensions and was a leader in a bipartisan working group for Social Security reform, noted that President Biden made it clear he isn’t interested in any proposals to ensure the sustainability of Social Security. Previous Presidents have attempted entitlement reform such as President Clinton’s efforts to extend Medicare life during his administration and former President Obama’s attempts…

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The latest Congressional Budget Office (CBO) report was released on Tuesday and it revealed some alarming news. The federal government’s budget deficit more than doubled through the first 10 months of the current fiscal year compared to a year ago. According to the CBO, the federal deficit for FY2023 is expected to be about $1.7 trillion – $200 billion larger than the forecast issued in May. It’s become very clear that reckless spending has been at an all-time high under the Biden administration. Federal spending was 10% higher during this reporting period than it was one year ago, while tax…

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Fitch’s recently downgraded U.S. Treasuries from AAA to AA+, a notable decrease in credit rating that has raised eyebrows throughout the nation and around the world. This downgrade is concerning news, especially for those who are planning on making a large purchase soon – such as purchasing a new car. The U.S. Government borrows enough money each day to buy roughly 82,000 cars, so it is natural to be worried about their decreased credit score. Investment mogul Warren Buffett weighed in on this issue, speaking out during an interview on Thursday where he stated that his firm Berkshire had bought…

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Do you remember the big tax cuts that former President Donald Trump implemented in 2017? Well, those provisions are set to expire at the end of 2025 unless Congress does something about it. This looming deadline is bad news for anyone who pays taxes because their tax bills will go up, regardless of income level. Small businesses – which account for a large portion of America’s economic growth – will also suffer as they’ll have less capital to invest back into their business and employees. In short, no investment, no growth, no jobs without congressional intervention. What exactly are these…

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There is a current cultural stigma surrounding traditional “blue-collar” jobs, which could have damaging effects on the upcoming workforce generation and America’s infrastructure. However, the U.S. labor market is in desperate need of skilled tradespeople such as carpenters, construction laborers, stonemasons and electricians. John Cataneco, a PeopleReady Skilled Trades representative recently told Fox News Digital that “we don’t have enough labor” for these kinds of positions, and data from their study shows an increase in demand for skilled trade workers of 23% from March to May alone. This sudden surge likely comes from attempts to vertically integrate America’s supply chain…

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The cost of purchasing a home has risen drastically over the last year, with mortgage rates reaching nearly 7%. The average monthly mortgage payment for the typical U.S. homebuyer is now 19% higher than it was a year ago, according to Redfin data. This is in stark contrast to two years ago when the benchmark home loan averaged just 4.99%. Alongside rising borrowing costs, home sale prices have increased 3.2% annually – the biggest increase since November 2020. This sustained upward trend can be attributed to the imbalance between supply and demand, high borrowing rates have caused a number of…

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Judge Jeanine Pirro has just-released her new book titled ‘Crimes Against America: The Left’s Takedown of Our Republic’. From the labeling of parents of school-aged children as domestic-terrorists, to the dismantling and defunding of our nation’s law enforcement, to the politicization of an open, porous border- Judge Jeanine sheds a spotlight on who the culprits are and what is precariously at stake for our nation’s future. As I interviewed Judge Jeanine earlier this week on her book (you can watch my tv interview with her by clicking here) I could not help but to think of my friend the late…

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Pope Francis led the first of two major Holy Thursday ceremonies, presiding at Mass in St. Peter’s Basilica as he continues his stamina-testing Holy Week appointments days after battling bronchitis in the hospital. The pope’s voice sounded strong during the basilica Mass as he read a long homily during the service, which was dedicated to the theme of the priesthood . Francis, who is 86, was discharged five days earlier from a Rome hospital, where he received antibiotics administered intravenously. Inmates at a juvenile prison on Rome’s outskirts awaited the pontiff later in the day for Mass and the foot-washing…

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