Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes
Posted inBiden, Joseph R Jr Federal Budget (US) High Net Worth Individuals National Debt (US) Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government

Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes

The president proposed trillions of dollars in new spending that has no chance of passing a Republican House, even as he sought to reduce deficits by raising taxes on business and the rich
Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP
Posted inBiden, Joseph R Jr Congressional Budget Office Federal Budget (US) Federal Reserve System House of Representatives McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Powell, Jerome H Republican Party United States Economy United States Politics and Government

Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP

The president’s plans have little in common with the budget Republicans are set to release this spring, as the nation hurtles toward a possible default on its debt.
U.S. and Europe Angle for New Deal to Resolve Climate Spat
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles European Union Inflation Reduction Act of 2022 International Relations International Trade and World Market Supply Chain United States Politics and Government von der Leyen, Ursula

U.S. and Europe Angle for New Deal to Resolve Climate Spat

American and European officials are trying to reach agreement on the outlines of a limited trade deal that could help resolve a major rift over America’s new climate legislation.