Rising gas prices have sparked fresh interest in EVs — but affordability is a top barrier

The surge in gas prices since the start of the Iran war is causing more Americans to rethink what they drive. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Early data from car shopping site Edmunds shows a growing share of consumers researching electric vehicles, hybrids and other … Read more

Senators unveil bipartisan bill to tackle housing affordability in rural areas

WASHINGTON — With Congress gridlocked over Department of Homeland Security funding, other priorities have fallen to the wayside. But with this fall’s midterm elections on the horizon, lawmakers are still pushing solutions for an issue top of mind for many Americans: affording a home. Sens. Peter Welch D-Vt., and Jim Justice, R-W.Va., are putting forth … Read more

Dems who ran on affordability now face backlash as costs climb in NY, Virginia

NEWYou can now listen to Fox News articles! “The water bill went up. The light bill went up. Now property taxes — what exactly are we doing here?” This was one of many cries of worry and frustration voiced by New York City residents at a recent public meeting, where they said that Mayor Zohran … Read more

Blue state Dem candidate who made ‘affordability’ a key issue in campaign ripped for charging $13 for water

NEWYou can now listen to Fox News articles! Rep. Raja Krishnamoorthi, D-Ill., is facing online mockery after his Senate campaign’s election night watch party charged customers exorbitant prices for water, despite claiming to champion affordability issues. Krishnamoorthi, a five-term House lawmaker, narrowly lost to Lt. Gov. Julianna Stratton, D-Ill., in a bruising Democratic primary Tuesday … Read more

Senate passes major housing affordability bill by Elizabeth Warren and Tim Scott

WASHINGTON — The Senate passed a bill Thursday aimed at boosting the supply of housing and bringing down prices, marking a rare bipartisan breakthrough on a major issue. The 21st Century ROAD to Housing Act, written by Sens. Tim Scott, R-S.C., and Elizabeth Warren, D-Mass., won 89 votes. Ten senators voted against it. The 303-page … Read more

Senate passes bipartisan housing bill to improve access and affordability

WASHINGTON — The Senate passed a broad bill on Thursday to make U.S. housing more accessible and affordable, a rare bipartisan effort in Congress to address a growing national problem. The bill, which passed 89-10, would reduce regulations, regulate corporate investors and expand how housing dollars can be used to build affordable homes and rentals. … Read more

Iran war threatens Trump’s affordability push as rising energy prices complicate Fed rate cuts

The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal Reserve. Rising oil prices, shipping disruptions in the Middle East and fresh signs of weakness in the U.S. labor market are creating a complicated backdrop just as inflation had begun to show some … Read more

Virginia Democrats talk affordability — and vote to nearly triple their own pay

NEWYou can now listen to Fox News articles! The Virginia State Senate and its Democratic majority may have voted themselves a nearly 300% pay increase if a provision inserted into their final budget survives the House reconciliation process and reaches Gov. Abigail Spanberger’s desk. The development comes as Spanberger has centered her campaign on “affordability,” … Read more