Inflation Miscalculation Complicating Biden’s Agenda

WASHINGTON – President Biden’s top economists concerned from the very beginning of his administration He said rising inflation could prevent the economy from emerging from recession under his presidency. Last spring, Mr. Biden’s advisers made a prediction error that helped turn his fears into reality; a calculation that spanned this week’s re-nomination decision. Federal Reserve …

Persistent Inflation Threatens Biden’s Agenda

WASHINGTON — A team of President Biden’s top advisers meets at Zoom at least once a week to address the nation’s problems. supply chain crisis. They discuss ways to lighten the backlog in America’s ports, ramp up semiconductor production for struggling automakers, and inflate the ranks of America’s truck drivers. The talks are geared towards …

Biden Heads To Scranton To Sell The Shrinking Agenda

WASHINGTON — President Biden will travel to his childhood hometown of Scranton, PA, on Wednesday to sue for an economic, environmental, and social policy agenda that Congressional Democrats have slashed in hopes of getting a deal to pass legislation this fall. . The visit came after Mr Biden acknowledged that key elements of his proposal …

Key to Biden’s Climate Agenda Likely Cut Due to Manchin

WASHINGTON – The strongest piece of President Biden’s climate agenda – his program to rapidly replace the nation’s coal and gas-fired power plants with wind, solar and nuclear power – will likely be removed from the massive budget bill pending in Congress. Congressmen and lobbyists are familiar with the issue. Democratic Senator Joe Manchin III …

Biden Returns to His Agenda Hoping to Bring Moderates Together

WASHINGTON — President Biden and Democratic leaders in Congress have recently curbed America’s ambitions to expand its social safety net to a package worth nearly $2 trillion or less; the president’s agenda. The figure is significantly less than Mr. Biden’s $3.5 trillion spending programs and tax increases, which cover everything from climate change to education …

Lobbying at High Speed ​​as Biden’s Agenda Balances

WASHINGTON — As centrist Democrats in Congress work to block or abolish key provisions of President Biden’s $3.5 trillion social safety net and climate plan, a series of online advertisements have popped up in their states and territories, praising them. someone calls Arizona Senator Kyrsten CinemaEmerging as a leading stance on the measure, an “independent …

Pelosi Hunts for Infrastructure Votes as Democrats’ Case on the Agenda

He was more in line with other Democrats on payables for the package and supported several rollbacks of the Trump-era tax cut in 2017; increasing the corporate tax rate from 21 percent to 25 percent; set a top individual income tax rate of 37 percent to 39.6 percent; and raising the capital gains tax rate …

Democrats Move to Avoid Shutdown, but Divisions Imperil Biden’s Agenda

WASHINGTON — Democrats drafted legislation Wednesday to avoid a government shutdown this week, but conservative-leaning conservatives were desperately trying to bail out President Biden’s domestic agenda as he opposed an ambitious $3.5 trillion social safety net and climate bill that bears many of the party’s many. top priorities. Congressional leaders acted to address the most …

Biden Pressures Democrats to Embrace His Economic Agenda

WASHINGTON — President Biden and his aides on Wednesday made an all-out effort to bail out Mr. Biden’s economic agenda in Congress, even trying to create the beginning of a compromise between moderates and progressives over a pair of bills that would spend trillions on rebuilding infrastructure. , expand access to education, fight climate change …

Biden Pressures Democrats to Embrace His Economic Agenda

WASHINGTON — President Biden and his aides on Wednesday made an all-out effort to bail out Mr. Biden’s economic agenda in Congress, even trying to create the beginning of a compromise between moderates and progressives over a pair of bills that would spend trillions on rebuilding infrastructure. , expand access to education, fight climate change …

Biden Meets With Democrats As Division Threats His Agenda

The path remains extremely murky as Democrats steer clear of fiscal and political deadlines, with no clear public strategy in place, but party leaders remained publicly optimistic on Wednesday. Understand the Law of Infrastructure A trillion dollar package has passed. Senate approved comprehensive bipartisan infrastructure package On August 10, weeks of intense negotiations and debates …

Biden’s Presidential Agenda Depends on $3.5 Trillion Spending Bill

“The President is on the verge of making a major expansion in public education, one of the largest expansions of the social safety net, the largest investment in climate change mitigation, and revisions to labor law and drug pricing,” said Patrick Gaspard, a former journalist. An Obama administration official who is currently head of the …