Double-Barreled Economic Threat Puts Congress on Edge
Posted inBanking and Financial Institutions Biden, Joseph R Jr Democratic Party Emergency Economic Stabilization Act (2008) Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Law and Legislation McCarthy, Kevin (1965- ) National Debt (US) Republican Party Schumer, Charles E Senate Shutdowns (Institutional) United States Economy United States Politics and Government

Double-Barreled Economic Threat Puts Congress on Edge

Republicans and Democrats disagree over how recent bank closures should impact the debt limit stalemate, and have taken divergent lessons from past economic crises.
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.