Tag Archives: Biden

The Biden administration lifting a COVID-19 related travel ban on international visitors on Monday is already proving to be a tailwind for hotelier Hyatt. “This is a momentous day. Reopening the borders for vaccinated travelers is a really great step to take forward and re-engage. The day the Nov. 8 date was announced, we saw an instant surge in bookings. By the way, this week was up 50% overnight in terms of bookings. It just demonstrates what we have seen in virtually every segment of our… Source link

GLASGOW, Scotland — When the House of Representatives passed the $1.2 trillion infrastructure bill late Friday night, it took the largest congressional action to confront climate change in U.S. history. The bill contains $150 billion for clean energy advancement and adaptation to the effects of climate change, surpassing the 2009 economic stimulus package, which spent $90 billion on clean energy development and deployment. The new package also includes $73 billion for modernizing the U.S…. Source link

(Bloomberg) — The House on Friday passed the biggest U.S. infrastructure package in decades, marking a victory for President Joe Biden and unleashing $550 billion of fresh spending on roads, bridges, public transit and other projects in coming years. Most Read from Bloomberg The vote was 228-206 and sends the legislation to Biden for his signature. Thirteen Republicans supported the bill and six Democrats voted against it, a sign of the intra-party strains that nearly derailed the… Source link

On Thursday, senior Biden administration officials announced details of a highly anticipated mandate requiring U.S. employers with 100 or more workers to ensure employees are either fully vaccinated for COVID-19 or tested each week for the virus. The officials also unveiled details of a separate mandate that will require employers participating in Medicare or Medicaid to have a fully vaccinated workforce, with no testing alternative. The first rule covers 84 million U.S. workers, or two-thirds… Source link

WASHINGTON — Cleaner sources of energy, harvested by machinery made in the United States. Early childhood education subsidized by the federal government. Cheaper hearing aids and expanded health care coverage. A million units of affordable housing. Those are just some of the “truly consequential” changes Americans will see if President Biden’s $1.75 trillion Build Back Better agenda survives the meat grinder of Capitol Hill, he said on Thursday. “We will own the future,” Biden… Source link

President Joe Biden delivers remarks at NJ Transit Meadowlands Maintenance Complex to promote his “Build Back Better” agenda, Oct. 25, 2021, in Kearny, N.J. (AP Photo/Evan Vucci) Before leaving Washington for an overseas trip, President Joe Biden is meeting with House Democrats to try and convince them to support a trimmed down version of his Build Back Better plan. The White House announced a $1.75 trillion “framework” on Thursday morning that administration officials say should gain the… Source link

Is President Biden a socialist? Do socialists control him? Republicans will try to convince voters the answer to both questions is yes, according to Biden’s political archenemy. In a recent interview with Yahoo Finance, former President Donald Trump hinted at the script Republicans will use against Biden and his fellow Democrats in the 2022 midterm elections. When voters elected Biden president last year, it “was not a mandate to change the norms of our society,” Trump said. “This was not… Source link

President Biden has plans to address many long-standing issues, such as climate change, wealth inequality, unaffordable health care, and housing shortages. But he’s been unable to address a problem that is holding back the U.S. economy in real-time, right now: the global shortage of semiconductors, key processors in thousands of consumer and industrial products. A variety of factors conspired with the coronavirus pandemic to create more demand for semiconductors than manufacturers can meet…. Source link

Biden has canceled almost $10B in student loan debt. What about bigger relief? President Joe Biden has shown an appetite for helping out America’s student loan borrowers. The U.S. Department of Education just reported that it has approved $9.5 billion in student loan discharges since January — lightening the burdens of 563,000 borrowers who now have more ability to increase savings, invest money and deal with other debts. If you haven’t been paying attention, you might even qualify for some… Source link

Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting Wednesday. The meeting comes in the wake of several high-profile cyberattacks, including on government software contractor SolarWinds and oil pipeline Colonial Pipeline, that have brought added urgency to such security issues. The commitments range from working toward new industry standards to supplying other businesses with stronger security… Source link