What to know about proposed Biden tax on the wealthy to fund Medicare
President Joe Biden delivers remarks on his plan to protect Americans access to affordable health care in Virginia Beach, Virginia, on Feb. 28, 2023.Saul Loeb | AFP | Getty ImagesPresident Joe Biden this week called for higher taxes on wealthy Americans to boost Medicare as part of his 2024 budget, aiming to help fund the […]
Live: Fed Chair Powell Testifies Before the House Committee on Monetary Policy – 11:00AM, ET 3/8/23
Federal Reserve Chairman Jerome Powell speaks Wednesday morning to the House Financial Services Committee on the semiannual monetary policy report. Source link
Biden warns of GOP plans to curb access to health care
U.S. President Joe Biden will deliver a blistering criticism of Republican policies at a speech in Virginia Beach on Tuesday afternoon where he will warn of GOP plans to cut access to federal health-care programs.Speaking at the Kempsville Recreation Center, Biden will point to GOP proposals to repeal the Affordable Care Act and cut funding […]
Biden’s investment strategy to juice the economy
Illustration: Brendan Lynch/AxiosThe Biden administration is courting a wave of private investments as a multiplier for the nearly $2 trillion in spending and tax incentives Congress approved in the past two years.Why it matters: With little chance of getting more stimulus through Congress, the White House sees buy-in from the business community as the best […]
Biden’s dramatic warning to China
CNN — President Joe Biden starkly warned he will protect America against Chinese threats to its sovereignty and singled out President Xi Jinping – a striking escalation of a suspected spy balloon showdown during his State of the Union address. Biden called out Beijing on Tuesday before millions of viewers in the US and around […]
Live: Chair Powell Speaks After Fed Raises Interest Rates a Quarter Point: 02/01/22 – 2:30 ET
Federal Reserve Chair Jerome Powell holds a news conference on Wednesday following the closed two-day Federal Open Market Committee (FOMC) meeting and will discuss interest rate policies. Powell speaks about how The Federal Reserve raised its benchmark interest rate by a quarter percentage point on Wednesday and gave little indication that it is nearing the […]
US Treasury buys time for Biden and GOP on debt limit deal
WASHINGTON (AP) — The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.The Treasury Department said in a letter to congressional leaders […]
LIVE Video: President Biden Delivers Remarks About His Economic Plan: 01/04/23 – 1:45PM ET
President Biden will speak about his economic plan and its impact on U.S. infrastructure and American communities in Kentucky on Wednesday. Source link