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.
Category: Republican Party
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Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP
The New York Times – Business: -
Records Show Fox and G.O.P.’s Shared Quandary: Trump
The New York Times – Business:Fox hosts and executives privately mocked the former president’s election fraud claims, even as the network amplified them in a frantic effort to appease viewers.
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Debt Default Would Cripple U.S. Economy, New Analysis Warns
The New York Times – Business:As President Biden prepares to release his latest budget proposal, a top economist will warn lawmakers that Republicans’ refusal to raise the nation’s borrowing cap could put millions out of work.
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After Ohio Train Derailment, Senators Propose Rail Safety Bill
The New York Times – Business:Weeks after a train carrying hazardous materials derailed outside East Palestine, Ohio, a bipartisan group of lawmakers has proposed that the Transportation Department impose stricter rules.
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The S.E.C. Charges Kraken Over Staking, Worrying Crypto Executives
The New York Times – Business:Cryptocurrency executives worry that charges against Kraken, a popular exchange, over the business known as staking would further chill their industry.
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Biden and McCarthy Are Set to Discuss Debt Limit as Both Sides Trade Barbs
The New York Times – Business:The hours leading up to the meeting have highlighted the differences between the White House and the Republicans who now control the House.
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Air Force Says Proposed Chinese-Owned Mill in North Dakota Is ‘Significant Threat’
The New York Times – Business:A proposal for a corn mill, which had been welcomed as an economic development success, reflects just how much things have changed with Chinese investment proposals in the U.S.