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 …

Democrats Demand Import Taxes from Polluting Countries

Carbon cap taxes are also designed to protect domestic production. If a country commits to reducing emissions internally, it risks facing higher costs for steel and cement plants and putting them at a disadvantage against foreign competitors with laxer environmental rules, for example. As a result, steel and cement production could shift overseas, upsetting climate …

Democrats Raise $3.5 Trillion to Fulfill Biden’s Broad Budget

Senator Joe Manchin III, a centrist Democrat from West Virginia, whose support may be decisive, told reporters after lunch with the president that he had concerns about some of the climate language. But he did not rule out supporting the budget proposal or the subsequent package. Arizona Democrat Senator Kyrsten Cinema and another key moderate …

Democrats Propose $3.5 Trillion Budget To Forward With Infrastructure

WASHINGTON — Top Democrats announced Tuesday evening that they agreed on a broad budget plan of $3.5 trillion, including pouring money to address climate change and expanding Medicare, among a host of other Democratic priorities, and pushing forward with a bipartisan infrastructure. announced their plans. deal. Combined with the nearly $600 billion new spending on …