In recent weeks Democratic lawmakers have formalized just how much they want climate change to be at the center of the forthcoming multitrillion-dollar budget reconciliation package. They have formally unveiled a proposal with measures that include taxes on some imported fuels, a new federal aid program for clean-energy developers, investments in electric vehicles, and more. The key driver on the supply side – i.e., insuring there are enough solar panels and wind turbines in operation to… Source link
Read More »Markets support Biden’s ugly Afghanistan withdrawal
US President Joe Biden speaks about the Taliban’s takeover of Afghanistan from the East Room of the White House August 16, 2021, in Washington, DC. (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) President Biden undoubtedly craves a do-over. While there’s ample justification for withdrawing U.S. troops from Afghanistan after 20 years, nobody would deliberately trigger the disastrous collapse of the U.S.-backed Afghan government that occurred in 10 days. The hasty withdrawal was obviously… Source link
Read More »Biden’s infrastructure plan is a down payment on the economy America can – and should – have
By Janet Yellen, U.S. Secretary of the Treasury For more than a generation, America has underinvested in the public goods that are the foundation of our economic growth: infrastructure, education, childcare. Our funding for them has been on a downward trajectory for nearly forty years. In 2019, it was about three-quarters of what it was in the 1970s. On Tuesday, the United States Senate began to turn the page on this unfortunate chapter in our economic history and, with two pieces of… Source link
Read More »This is your last chance to get free health insurance from Biden’s stimulus package
This is your last chance to get free health insurance from Biden’s stimulus package Americans have just hours left to claim free health insurance for the remainder of the year, courtesy of President Joe Biden’s pandemic rescue package. White House officials are urging anyone interested in a zero-premium plan to submit an application by Sunday, Aug. 15 at midnight local time. Both wealthy and low-income Americans are welcome to apply — and although there is one big eligibility requirement,… Source link
Read More »Biden’s latest mortgage assistance can cut your monthly payment by up to 25%
Biden’s latest mortgage assistance can cut your monthly payment by up to 25% While most U.S. homeowners have come through the pandemic unscathed, or even further ahead thanks to money-saving refinances at cheap mortgage rates, millions of others have had to opt for forbearance to put their loan payments on hold. A federal foreclosure ban provided them further protection. Now, those safeguards are falling away. Though more than 1.74 million mortgages were still in forbearance as of Aug. 10,… Source link
Read More »U.S. hits Biden’s 70% vaccine goal as holdouts in hot spots like Florida and Louisiana rush to get shots
On Monday, the hypercontagious Delta variant finally did what Joe Biden couldn’t: convinced 70 percent of U.S. adults to get vaccinated against COVID-19. Biden originally aimed to administer at least one vaccine dose to 70 percent of Americans 18 and older by July 4. But widespread vaccine hesitancy — particularly in conservative parts of the country — prevented the U.S. from meeting his deadline. Now Delta appears to be breaking down some of that resistance. A health care worker prepares… Source link
Read More »Biden’s $2.5 Trillion Plan Could Send These 3 EV Stocks Soaring
Just days from now, Biden is set to gamble a proposed $2.5 trillion on a new plan, in hopes of bringing America’s foundation into the next generation. It’s coming in the form of the biggest infrastructure project since the highway system was built in the 1970s. But with today’s massive infrastructure bill, most people might be missing the real story. That’s because typical “infrastructure” pieces like roads, highways, and bridges don’t even make up the biggest part of the bill. Instead,… Source link
Read More »Amazon and Facebook are unnamed targets of Biden’s executive order
Big Tech is once again in Washington’s crosshairs. On Friday, President Biden called on the Federal Trade Commission and Department of Justice to enforce existing rules and establish new ones that could interfere with the market domination of America’s biggest tech firms. The executive order from Biden calls on the FTC to establish stricter rules over mergers, making it harder for larger tech companies to swallow up their smaller competitors — just like Facebook has with Instagram and… Source link
Read More »How Biden’s Impromptu Comments Upended a Political Win
President Joe Biden discusses a proposed infrastructure bill, at the White House in Washington, Thursday, June 24, 2021. (Pete Marovich/The New York Times) WASHINGTON — It was all going according to President Joe Biden’s tightrope plan to pass the most ambitious economic agenda in generations. Right until the moment that Biden, a politician with a history of rogue comments, veered off script. After weeks of closed-door negotiations, Biden strode to the cameras on the White House driveway… Source link
Read More »Biden’s top diplomat to meet pope — and try to ignore the elephant in the room
Pope Francis arrives for his weekly general audience at the Vatican on Wednesday. (Associated Press) When he meets with Pope Francis on Monday, the United States’ top diplomat will try to avoid the elephant in the room. Secretary of State Antony J. Blinken intends to speak to the pontiff about shared values and ideas — fighting climate change, people trafficking, violence and racism. But on the minds of many involved is a festering dispute that has pitted Francis against a group of… Source link
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