He oversaw passage of a sweeping suite of bills that funded infrastructure projects, boosted strategic sectors, built out clean energy and helped propel the economy out of a pandemic-induced deep freeze. His electoral loss — their narrative goes — was fed by price surges largely beyond his ...
U.S. President Joe Biden has signed a historic $1 trillion spending bill into law. The legislation aims to tackle much-needed investment in infrastructure, drinking water, and telecommunications. It fulfills a key promise made by Biden during his presidential campaign, but it took the ...
I am urging all members to vote for both the rule for consideration of the Build Back Better Act and final passage of the bipartisan infrastructure bill tonight. I am confident that during the week of Nov. 15, the House will pass the Build Back Better Act. An hour later, five centrist ...
Loading low-carbon energy initiatives into an infrastructure bill will likely be more divisive in Congress than previous Covid stimulus legislation. The last major push to pass climate legislation through the Senate was in 2009, when congressional Democrats failed to pass a carbon-pricing system. Rea...
Fink, who heads the world’s largest asset manager BlackRock, urged the incoming administration in an Election Day op-ed to promote artificial intelligence and infrastructure investments to grow the economy and tame the deficit. And Amazon founder Bezos told economic power brokers at the DealBook ...
The failed so-called stimulus bill. The pork-filled infrastructure bill. The misnamed Inflation Reduction Act. The cronyist subsidies for Big Tech. How much damage has been caused by these pieces of legislation, as well as his other fiscal policies? According to new research from Matt Dickerson...
Mr. Biden noted that some Republicans who opposed the infrastructure bill have been cheering investments in their districts. "If any of you don't want that money in your district, just let me know," he said. The president introduced Shawn Fain, president of the United Auto Workers, and Daw...
infrastructure, but then said he would not sign the bill unless Congress also passed a broader Democratic spending package. Biden has proposed a separate $1.8 trillion plan, titled the American Family Plan, which seeks to heavily invest in "education, health care, child care, a...
While the infrastructure bill provides for EV charging stations, automakers are also banking on passage of a $2 trillion, Democrat-only spending bill that was put on hold Friday in the House as progressives and centrists work out issues over cost. That measure also is e...
As small businesses recover from labor constraints and business losses due to Covid-19, a bipartisan infrastructure bill offers hope of a coming boom as it makes its way through the chambers of Congress. On Aug. 1, the U.S. Senate finalized text for the Infrastructure Investment Jobs Act,...