WASHINGTON— The House approved a $1 trillion package of road and other infrastructure projects late Friday after Democrats resolved a months-long standoff between progressives and moderates, notching a victory that President Joe Biden and his party had become increasingly anxious […]
WASHINGTON — President Joe Biden declared Thursday he had reached a “historic economic framework” with Democrats in Congress on his sweeping domestic policy package, a hard-fought yet dramatically scaled-back deal announced just before he departed for overseas summits. Biden’s remarks […]
WASHINGTON — After months of talks with Democratic lawmakers, President Joe Biden outlined Thursday a $1.75 trillion framework to support families and education as well as protect against global warming. The updated plan includes universal preschool, funding to limit child care […]
WASHINGTON — President Joe Biden traveled to Capitol Hill early Thursday to make the case to House Democrats for a dramatically scaled-back domestic policy package, $1.75 trillion of social services and climate change programs the White House believes can pass […]
WASHINGTON (AP) — House Speaker Nancy Pelosi told colleagues Wednesday that Democrats are in “pretty good shape” on President Joe Biden’s sweeping domestic plan, but fresh problems emerged as a pivotal Democrat panned a new billionaires’ tax to help pay […]
WASHINGTON — The Democrats’ idea for a new billionaires’ tax to help pay for President Joe Biden’s social services and climate change plan has quickly run into criticism as too cumbersome, with some lawmakers preferring the original plan of simply raising […]
WASHINGTON — Pivotal Democratic Sen. Joe Manchin appears to be on board with White House proposals for new taxes on billionaires and certain corporations to help pay for President Joe Biden’s scaled-back social services and climate change package. Biden said Monday he felt “very […]
WASHINGTON — The White House and Democrats are hurriedly reworking key aspects of President Joe Biden’s $2 trillion domestic policy plan, trimming the social services and climate change programs and rethinking new taxes on corporations and the wealthy to pay for a scaled-back […]
WASHINGTON — President Joe Biden enlisted top business leaders Wednesday to push for immediately suspending the federal debt limit, saying the approaching Oct. 18 deadlines creates the risk of a historic default that would be like a “meteor” that […]
WASHINGTON — President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers […]
WASHINGTON — President Joe Biden accused Republican lawmakers on Monday of blocking efforts to increase the government’s borrowing authority, saying they’re playing “Russian roulette with the U.S. economy” by committing to filibuster the measure ahead of an Oct. 18 deadline. […]
WASHINGTON — When President Joe Biden proposed a massive expansion of federal services for Americans this year, he laid out lofty stakes — not only for his own presidential legacy but far beyond. The imperative, he said in an April […]
WASHINGTON — With only hours to spare, Congress passed legislation that would avoid a partial federal shutdown and keep the government funded through Dec. 3, and sent the bill to President Joe Biden. The back-to-back votes by the Senate and […]
WASHINGTON — His government overhaul plans at stake, President Joe Biden appeared determined Wednesday to strike agreement with two wavering Democratic senators, likely trimming back the size of his potentially historic $3.5 trillion measure that will collapse without their support. […]
WASHINGTON — Congress must fund the government in the next 10 days, or risk a federal shutdown. Raise the nation’s borrowing limit, or default on its debt. All this while lawmakers are laboring to shoulder President Joe Biden’s massive $3.5 trillion “build […]
WASHINGTON — Senate Minority Leader Mitch McConnell has warned Treasury Secretary Janet Yellen he is not budging on his demand that Democrats go it alone on the federal debt limit, deepening the emerging standoff in Congress over how to boost […]
WASHINGTON — One side is energized by the prospect of the greatest expansion of government support since the New Deal nearly a century ago. The other is fearful about dramatically expanding Washington’s reach at an enormous cost. They’re all Democrats. […]
WASHINGTON — House Democrats unveiled a sweeping proposal Monday for tax hikes on big corporations and the wealthy to fund President Joe Biden’s $3.5 trillion rebuilding plan, as Congress speeds ahead to shape the far-reaching package that touches almost all aspects […]
WASHINGTON — House Speaker Nancy Pelosi faced a fresh hurdle Friday to passing President Joe Biden’s multi-trillion dollar domestic policy aspirations, as nine moderate Democrats threatened to derail a budget blueprint crucial to opening the door to much of that […]
WASHINGTON — Congressional negotiators and the White House appear open to striking a roughly $1 trillion deal on infrastructure. But they are struggling with the hard part — how to pay for it. As President Joe Biden jumps back into […]
President Joe Biden is trying to break a logjam with Republicans on how to pay for infrastructure improvements, proposing a 15% minimum tax on corporations and the possibility of revenues from increased IRS enforcement as a possible compromise. The offer […]
WASHINGTON — President Joe Biden on Friday unveiled a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to […]
WASHINGTON — President Joe Biden’s $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of new tax increases on corporations and high-income people designed to pay for his ambitious spending plans. […]
The Treasury Department on Monday launched its $350 billion program to distribute aid to state and local governments, giving the U.S. economy an added boost after relatively modest hiring in April. The aid is part of President Joe Biden’s larger […]
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