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The White House announced a $1.75T spending plan on Thursday morning that administration officials say they should gain the support of every Democratic senator and pass the House. → Read More
Experts have warned about the 'catastrophic' consequences of a U.S. default, leading some to suggest taking the threat off the table and out of lawmakers' hands by eliminating the debt ceiling. Sen. Mike Braun (R., Ind.) rejects those calls. → Read More
U.S. Labor Secretary Marty Walsh told Yahoo Finance there's "no question" the Delta variant had an impact on the disappointing August jobs report. → Read More
The Treasury Department said on Thursday its new analysis shows 97% of small business owners will not see an income tax increase under President Biden's tax plan. → Read More
After the July jobs report showed the biggest employment increase in almost a year — the Biden administration is urging Americans to get vaccinated to stave off health and economic threats posed by the Delta variant. → Read More
Shortly after Jeff Bezos — the world's richest man — completed his first spaceflight, Rep. Earl Blumenauer (D., Oreg.) announced he's working on a plan for a new tax targeting space tourism. → Read More
Sen. Ron Wyden of Oregon argues the federal government is "disconnected from reality" when it comes to legal marijuana. → Read More
Senate Majority Leader Chuck Schumer (D., N.Y.), Sen. Ron Wyden (D., Oreg.) and Sen. Cory Booker (D., N.J.) are unveiling a discussion draft of their legislation to end the federal prohibition of marijuana. → Read More
Biden is set to sign an executive order on Friday aimed at promoting competition across the U.S. economy — including measures that target big tech companies, aim to lower prices for consumers and call for greater scrutiny of mergers across several industries. → Read More
U.S. Labor Secretary Mary Walsh says the better-than-expected June jobs report shows the Biden administration's economic plan is working — but there is still work to do. → Read More
The acting FDA commissioner is set to testify before lawmakers about youth vaping. → Read More
CEO optimism is nearing all-time highs, according to Business Roundtable’s quarterly CEO economic outlook survey released on Tuesday. → Read More
Progressives are warning against an infrastructure plan without climate change provisions, while Republicans argue the package should focus on physical infrastructure. → Read More
President Joe Biden is heading to Europe for the first international trip of his presidency. Throughout the trip he'll meet with world leaders in an effort to shore up alliances and build support among allies to counter emerging threats with a united front. → Read More
The Biden administration released the findings of its 100-day reviews of critical supply chains — detailing vulnerabilities and making recommendations to strengthen manufacturing. → Read More
Defining 'infrastructure' is a major challenge in negotiations for a bipartisan infrastructure deal, in addition to the debate over how to pay for it. → Read More
The Biden administration has offered Republicans a $1.7 trillion infrastructure proposal, down from $2.3 trillion, White House Press Secretary Jen Psaki told reporters on Friday. → Read More
The House Financial Services Committee approved a bill that would require public companies to report more information about their climate change risks. → Read More
As President Biden pushes Congress to pass his more than $2 trillion infrastructure plan, Siemens USA CEO Barbara Humpton is urging lawmakers to think beyond traditional infrastructure like roads and bridges. → Read More
A major piece of President Biden's $1.8 trillion American Families Plan is directing $80 billion to the IRS over the next decade to beef up enforcement and fight tax evasion by corporations and the wealthiest Americans. → Read More