US House Passes National Defense Bill, Including Support for Taiwan’s Defense
By Alex Wu The U.S. House of Representatives on Thursday passed the National Defense Authorization Act (NDAA) for the fiscal year of 2022 with 316 votes in favor and 113…
Pelosi Without Enough Votes Delays $1.2 Trillion Infrastructure Bill
By Katabella Roberts Speaker Nancy Pelosi (D-Calif.). announced Sunday that the vote on the Senate-passed $1.2 trillion infrastructure bill will be held on Sept. 30, days later than originally planned.…
Biden Says Democrats Stuck in ‘Stalemate’ in Talks on $3.5 Trillion Spending Bill
By Tom Ozimek President Joe Biden said Friday that talks on his $3.5 trillion spending proposal were at a standstill as Congressional Democrats struggle to bridge differences between the party’s…
The Biden administration could sidestep McConnell’s refusal to pay America’s bills by minting a $1 trillion platinum coin
By Andy Kiersz,Joseph Zeballos-Roig Senate Minority Leader Mitch McConnell has firmly dug in on refusing GOP help to renew the US’s ability to pay off its bills, known as the…
White House warns states of potential big cuts to Medicaid, school lunch and disaster relief programs if the US government defaults on its debt
By Joseph Zeballos-Roig,Ben Winck The White House is warning state and local governments of substantial cuts to federally funded measures such as Medicaid, school lunch, and disaster relief programs if…
House Ways, Means Dems Advance Largest Tax Hike in Generations
Legislation to raise taxes on the wealthy and corporations advanced out of the House Ways and Means Committee on Wednesday to help fund President Joe Biden’s $3.5 trillion social spending…
Economists lower third-quarter growth forecasts over delta variant as inflation runs hot
by Zachary Halaschak, Economics Reporter Two major banks have revised their near-term projections for U.S. economic growth following the late-summer rise in COVID-19 cases, hospitalizations, and deaths. After weeks of…
As Biden Popularity Falls, Democrats Fear Losing Senate, 30 to 50 House Seats
Adrian Carrasquillo: Newsweek It wasn’t supposed to be this way. President Joe Biden was supposed to usher in the era of adults in charge again, after a Donald Trump presidency…
Strong Demand for Gas Vehicles Drives Detroit Production Plans, Clouds Biden’s 2030 Goal for EVs
By Tom Ozimek Automakers in North America plan to build more pickup trucks and sport utility vehicles than electric vehicles well into the late 2020s, with strong consumer demand for…
Biden ‘inflation tax’ erases gains in workers’ pay, as Democrats’ own economists admit fears
By John Solomon One promise from the U.S. economy emerging from the pandemic was that American workers would benefit from a tight labor pool driving up salary and pay. And…
All eyes on Biden’s response to COVID variants, Afghanistan, border crisis, inflation
By Audrey Conklin All eyes are on President Biden as he responds to threats facing the U.S. and other countries, including COVID-19 variants, the Taliban’s growing stronghold over Afghanistan, the…
Pelosi signals she won’t bend to outnumbered centrists in spending fight
Susan Ferrechio Speaker Nancy Pelosi isn’t swayed after a group of centrist Democrats demanded the House take up a Senate-passed infrastructure measure when they return later this month to consider…