The Big Democratic Package: What’s Inside and What’s Outside?

The Big Democratic Package: What’s Inside and What’s Outside?

WASHINGTON (AP) – Nowhere near the $ 4 trillion dollar proposal first launched by President Joe Biden to rebuild America’s public infrastructure and family support systems but compromise package to tackle health inflation, climate change and deficit reduction strategies looks on track for Senate votes this weekend. The estimated $ 740 billion proposal, impressed by … Read more

Senate rules arbiter weakens the Dem drug plan in the income statement

Senate rules arbiter weakens the Dem drug plan in the income statement

WASHINGTON (AP) – Senate lawmaker on Saturday dealt a blow to the Democrats’ plan to cut drug prices, but left the rest of their sprawling economic bill largely intact as party leaders braced for the first votes on a package containing many of President Joe Biden’s top national goals. Elizabeth MacDonough, the non-partisan arbiter of … Read more

Does Inflation Reduction Act Violate Biden’s $ 400,000 Tax Commitment?

Does Inflation Reduction Act Violate Biden’s $ 400,000 Tax Commitment?

Jim Watson | Afp | Getty Images The Senate Democratic package on climate change, health care, drug pricing and tax measures, unveiled last week, has supporters and opponents debating whether the legislation violates a promise President Joe Biden has made. from his presidential campaign, a do not raise taxes on households with incomes of less … Read more

Democrats change some tax provisions while preparing the income statement

Democrats change some tax provisions while preparing the income statement

WASHINGTON (AP) – Democrats reduced part of their minimum corporate tax proposal and made other changes to their gigantic income statement, Senate Majority Leader Chuck Schumer said Friday, as they drove President Joe Biden’s election season victory on his national agenda. In an unusual peek at closed-door bargaining, Schumer, DNY, said Democrats dropped a proposed … Read more

The Democrats say they have reached an agreement on the economic package

The Democrats say they have reached an agreement on the economic package

WASHINGTON (AP) – Senate Democrats agreed on 11th hour changes to their core economic legislation, they announced Thursday at the end, removing the main obstacle to pushing one of President Joe Biden’s key election year priorities. through the chamber in the next few days. Senator Kyrsten Sinema, D-Ariz., A centrist seen as the pivotal vote … Read more

The Democrats say they have reached an agreement on the economic package

The Democrats say they have reached an agreement on the economic package

WASHINGTON (AP) – Senate Democrats agreed on 11th hour changes to their core economic legislation, they announced Thursday at the end, removing the main obstacle to pushing one of President Joe Biden’s key election year priorities. through the chamber in the next few days. Senator Kyrsten Sinema, D-Ariz., A centrist seen as the pivotal vote … Read more

Inflation fuels demand in food banks, hitting Biden’s plan to end hunger by 2030

Inflation fuels demand in food banks, hitting Biden’s plan to end hunger by 2030

Nearly half of America’s food banks describe a growing number of people lining up for pantry as inflation knocks the basics of pantry out of reach and the Biden administration’s eight-year anti-hunger plan unlocks. Homeowners in the United States told DailyMail.com that the mouth-watering prices at grocery stores had prompted them to seek help in … Read more

The key inflation indicator rises 6.8% in June as prices continue to rise

The key inflation indicator rises 6.8% in June as prices continue to rise

An inflation indicator closely followed by the Federal Reserve jumped 6.8% in June from a year ago, the largest annual increase in four decades. Government data on Friday underscore the persistence of inflation which is eroding Americans’ purchasing power, undermining their confidence in the economy and threatening Democrats in Congress ahead of November’s midterm elections. … Read more

The Home Depot co-founder insists the US economy has entered a recession

The Home Depot co-founder insists the US economy has entered a recession

< div itemprop=”articleBody”> The Home Depot co-founder denied Joe Biden’s claim that the United States is not in a recession, says the economy is going down, and added that the president’s economic policies were responsible for increasing the ‘inflation. Ken Langone appeared on Fox’s “Your World with Neil Cavuto” on Friday and said, “That’s where … Read more

Unprecedented profit for major oil drillers as prices soared

Unprecedented profit for major oil drillers as prices soared

NEW YORK (AP) – Oil companies have made record profits in recent months at a time when Americans were struggling to pay for gasoline, food and other basic necessities. On Friday, Exxon Mobil posted an unprecedented profit of $ 17.85 billion for the second quarter and Chevron made a record $ 11.62 billion. The skyrocketing … Read more