Tag: Fiscal policy
Senate Democrats’ $3.5T budget deal backs up Biden’s goals
WASHINGTON — this story is a refire/new doc of last night's story with new material wire embargoed for 6 a.m. EDT Wednesday; lead with...
In Illinois, Biden to push money for families and child care
WASHINGTON — President Joe Biden is turning his focus to pitching his proposed investments in families and education, using a visit to a community...
Infrastructure spending promises boost for construction cos.
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies with ties to the construction industry a solid...
Infrastructure spending promises boost for industry
Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation...
Merkel’s bloc pledges stability, renewal in German election
BERLIN — Germany’s center-right bloc is pledging to boost the economy without raising taxes and make the country “climate-neutral” by 2045 without endangering jobs...
Republicans point to inflation in bid to retake Congress
WASHINGTON — Gas prices have whizzed past $3 per gallon in much of the nation. The cost of used cars and new furniture, airline...
Biden signals equity focus with new AmeriCorps leader choice
President Biden plans to nominate Michael Smith to lead AmeriCorps, sending a strong signal of an intent to focus on racial equity at the...
US budget deficit for current year hits record $2.1 trillion
WASHINGTON — The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs...
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...