Debt-Limit Deal Advances in Senate
MANDEL NGAN The U.S. Senate took a step toward raising the federal government’s $28.9 trillion debt limit on Thursday when it voted to limit debate on the first of two…
Vulnerable, Moderate Dems Breaking With Biden More Frequently as Midterms Approach
By Joseph Lord As the 2022 midterms draw nearer, several Democrats are distancing themselves from President Joe Biden, whose popularity has dwindled since taking office. At the beginning of Biden’s…
House Passes Bill That Would Enable Congress to Raise Debt Ceiling With Simple Majority Vote
By Mimi Nguyen Ly The U.S. House of Representatives late Tuesday passed a procedural bill that would allow Congress to expedite legislation raising the federal debt limit by a simple…
Winsome Sears, CNN host spar over ‘semantics’ of whether critical race theory is taught in Virginia schools
By Cortney O’Brien Lt. Gov.-elect Winsome Sears sparred with CNN host Dana Bash on the existence of critical race theory (CRT) in Virginia schools Sunday. With her victory alongside Republican…
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…
Mayorkas Confirms Illegal Immigrants Can Sign Up for Taxpayer Funded Payments
By Katie Pavlich Testifying in front of the Senate Judiciary Committee Tuesday morning, Department of Homeland Security Secretary Alejandro Mayorkas confirmed the Biden Administration is encouraging illegal immigrant families “separated…
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…
California Only State Where Personal Income Rose Above Inflation Since Pandemic
John Seiler And now for something completely unexpected. Since the pandemic hit in the second quarter of 2020, the only state whose income has risen above inflation has been California,…
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 administration wants ESG to factor in employee retirement funds. That mandate would hurt workers.
LAWRENCE A. CUNNINGHAM’S QUALITY INVESTING Clinton and Obama said you can. Trump said you can’t. Biden says you must. Many Americans say, “back off.” The shorthand captures much of the…