Climate Bill Involves Billions of Financing. Will it be spent

The new infrastructure law, signed by President Biden, includes nearly $50 billion, the largest investment ever to protect communities against climate change. But spending that money will test the president’s commitment to upholding climate justice. Biden has pledged to divert 40 percent of climate spending to underserved places, including communities of color and small towns. …

Biden Focuses on How His Spending Bill Will Cut Drug Costs

WASHINGTON — As Democrats race to finalize a comprehensive social spending package, President Biden sought to sell the bill Monday by focusing on one particular benefit: lowering the cost of insulin for people with diabetes. After being introduced by Biden, he said, “It’s safe to say we all agree that prescription drugs are outrageously expensive …

In Bill Cosby Case, Supreme Court Asked to Overturn Released Order

Prosecutors, who say Bill Cosby belongs in prison, are asking the United States Supreme Court to overturn an appeals court decision earlier this year. 2018 overturned his conviction for sexual assault on grounds of due process. Mr Cosby was released from prison in June after serving a sentence of three to 10 years in prison. …

Pelosi Predicts Thursday’s Vote on Biden’s Ambitious Social Policy Bill

WASHINGTON — House Democrats, increasingly confident they have the support to pass the $1.85 trillion social policy and climate change bill, are pushing to vote on the package as early as Thursday evening, with House Speaker Nancy Pelosi expressing optimism that the measure will eventually reach the President. headed. Biden’s desk. “It’s pretty exciting. It’s …

Pelosi Predicts Thursday’s Vote on Biden’s Ambitious Social Policy Bill

WASHINGTON — House Democrats, increasingly confident they have the support to pass the $1.85 trillion social policy and climate change bill, are pushing to vote on the package as early as Thursday evening, with House Speaker Nancy Pelosi expressing optimism that the measure will eventually reach the President. headed. Biden’s desk. “It’s pretty exciting. It’s …

The Democrats’ spending bill aims to collect minimal taxes from the big,

At least 70 of America’s largest corporations will pay more tax under a new minimum tax that Democrats have proposed as a way to pay the spending bill passed by Congress, according to an analysis published by Massachusetts Democratic Senator Elizabeth Warren. Thursday. The report offers a first look at which companies may face higher …

How Does Biden’s Social Policy Bill Income Tied to the IRS?

WASHINGTON — President Biden’s pledge to pay in full on the $1.85 trillion social policy and climate spending package has been largely strengthened Internal Revenue Service blow to tax evadersIt will generate hundreds of billions of dollars in revenue, the White House says. But the director of the nonpartisan Congressional Budget Office said on Monday …

Elon Musk Sells $1 Billion In Tesla Stock To Cover His Tax Bill

Tesla CEO Elon Musk sold about $1.1 billion worth of Tesla shares Wednesday to meet his tax obligations after exercising options on a much larger slice of stock. Musk sold a total of 934,091 shares on Wednesday, according to filings with the Securities and Exchange Commission. Tesla shares were trading at $1,067.95 on Wednesday, bringing …