Here’s what Biden’s budget will and won’t do for climate change

On day 1 of his presidency, Joseph R. Biden Jr. brought the United States back into the global climate agreement. His administration has made bold promises to reduce emissions. He urged other countries to set their own ambitious climate targets. Since that time, politics and war stood before any meaningful climate law. Now the White …

Composting on the Chopping Block in Mayor Adams’ Budget

Yet composters and supporters of the program — including former Council chairman Corey Johnson, who has called for a city-wide composting mandate — say it’s a Catch-22. Supporters say many residents want to compost, but the program isn’t available in either their area or their building. Owners of buildings with 10 or more apartments must …

Composting on the Chopping Block in Mayor Adams’ Budget

Yet composters and supporters of the program — including former Council chairman Corey Johnson, who has called for a city-wide composting mandate — say it’s a Catch-22. Supporters say many residents want to compost, but the program isn’t available in either their area or their building. Owners of buildings with 10 or more apartments must …

Frontier and Spirit Airlines, Two Budget Carriers to Merge

Two of the leading budget airlines in the US, Frontier Airlines and Spirit Airlines, announced on Monday that they have agreed to merge. The airlines, which together offer 1,000 daily flights serving destinations in the United States, the Caribbean and Latin America, said: in a statement they would save $1 billion a year from the …

Budget Plan Offers Fix for Medicaid Coverage Gap for Now

ALBANY, Ga. — After Democrats abandon their goal of creating a new Medicaid program to cover two million poor adults, they aim to provide them with free private coverage as part of the party’s social policy bill. But there’s a trick: The benefits will only last four years. Despite this expiration date, legislation can’t come …

Biden and Democrats Push for Budget Deal This Week As Frictions Continue

WASHINGTON — President Biden and Democratic congressional leaders raced Monday to reach consensus on a domestic policy and climate package and pushed for a vote within days, even as critical disagreements persist over how to pay for health benefits, paid leave, environmental provisions and sprawl. plan. Negotiators were negotiating with centrist dissidents in their parties …

Manchin Pushes For More Climate Cuts Than Budget Bill

West Virginia Senator Joe Manchin III has forced Democrats to drop or weaken a second major climate change provision from the sweeping social policy and environmental spending bill the White House hopes to complete this week, according to two people familiar with the matter. Manchin, a centrist Democrat from one of the country’s top coal …

US Budget Deficit Reaches $2.8 Trillion in Fiscal Year 2021

The federal budget deficit reached $2.8 trillion for 2021, the second-highest total on record, but an improvement from the previous year boosted tax revenues as the economy began to recover from the coronavirus pandemic. Official figures released on Friday It showed that the 12-month budget deficit, ending September 30, the government’s fiscal year, was not …

How Democrats Can Shrink Their $3.5 Trillion Budget Bills

WASHINGTON — As Democratic leaders seek to unite their factions behind an expanding domestic policy package, increasingly clear The $3.5 trillion in spending and tax increases will likely have to be cut by a lot before it gets to President Biden’s desk. This will involve difficult choices for a party torn by insecurity and competing …

Senate Passes $3.5 Trillion Budget Plan By Expanding Safety Net

WASHINGTON — The Senate took a major step towards comprehensive expansion of the nation’s social safety net earlier on Wednesday. $3.5 trillion budget plan It will increase taxes on wealthy people and corporations while allowing Democrats to fund climate change, health and education measures along party lines. After an unusual event Bilateral approval of $1 …

Democrats Push A Budget To Realize Biden’s Aggressive Economy

WASHINGTON – $3.5 trillion budget draft What Democrats announced in the Senate this week promises to reshape the role of government in the economy in ways President Biden and his party deem necessary to rebuild the American middle class, lift people out of poverty and tackle the threat of climate change. A series of formidable …