House spending bill increases deficit $800 billion over next five years
By Bruce Thompson President Joe Biden and House Democrats have said their $2.4 trillion tax and spending bill is fully paid for. The cost is zero, the White House claims.…
The single biggest provision in Biden bill in first half-decade is tax cut for wealthy
By Zachary Halaschak The most expensive item over the first half-decade of President Joe Biden’s climate and social spending legislation is a tax cut for the wealthy. The Democratic Build…
Biden’s ‘Build Back Better’ Plan Would Increase Deficit by $367 Billion Over 10 Years: CBO
By Katabella Roberts President Joe Biden’s “Build Back Better” legislation, if passed through Congress, would increase the U.S. deficit by $367 billion over 10 years, the Congressional Budget Office (CBO)…
House passes Biden spending bill after months of delays
By Thomas Barrabi House lawmakers voted to pass President Biden’s expansive spending bill Friday despite opposition from Republicans and lingering questions about the White House’s claim that the cost of…
Democrats are poised to play debt-ceiling chicken with Republicans again — and endanger the world financial system in the process
By bwinck@businessinsider.com (Ben Winck) Say something if you’ve heard this one before. The deadline to raise or suspend the debt ceiling is weeks away. Democrats say the responsibility to avoid…
Democrats will take up spending bill ahead of full cost analysis
by Susan Ferrechio, House Democratic leaders said lawmakers could vote on a $1.85 trillion social welfare spending bill as early as Thursday before a full cost analysis is completed. Majority…
Biden’s Social Security crisis
By Rep. Beth Van Duyne The only person less thrilled than President Joe Biden about his frequent comparisons to former President Jimmy Carter is Carter himself. To America, the comparison…
Democrats release spending plan that cuts border security and funds abortion
Susan Ferrechio Senate Democrats, facing a December deadline to pass fiscal 2022 spending bills, unveiled the legislation on Monday, immediately causing uproar among GOP lawmakers. Senate Appropriations Committee Chairman Patrick…
Democratic infighting puts October spending bill deadline in doubt
Susan Ferrechio Democrats may have to scrap a Halloween deadline for advancing a massive social welfare spending package thanks to internal fighting over the size and cost of the measure.…
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The political peril that Biden didn’t see coming
By Megan Cassella Americans are likely to face higher prices on everything from gasoline to groceries well into next year — threatening to turn a simmering economic issue into a…
Supply Chain Disruptions Force White House to Ask Walmart, UPS, FedEx to Increase Output
By Jack Phillips Carriers of goods including Walmart, UPS, and FedEx are moving to work more shifts—including 24 hours per day, seven days per week—to address global supply disruptions that…
Is Joe Manchin the Only Democrat Who Can Read Polls?
By Tarren Bragdon Everyone’s asking questions about Senator Joe Manchin. The West Virginian is the decisive vote on the $3.5 trillion spending bill under consideration in Congress, and so far,…