"With Janet Yellen – [Biden's choice for the Treasury secretary], trying to give some sort of economic stimulus package underway, all of these are crisis moments that are intersecting, and that pressure will be very overwhelming." Mahoney believed that Biden is signaling that ...
and added, “This is great for the country. I realize what is great for the country isn’t always what’s optimal for your companies, but in your new role, I hope you’ll mostly put the US first.”
For the 2021 pandemic act, Congress created aPandemic Response Accountability Committeeto monitor the spending, similar to an office thatkept tabs on the Obama administration’s stimulus. Another federal website,USAspending.gov, tracks government spending as a whole, but does not always offer a way...
Meanwhile a longtime Republican argument — we’re spending way too much on government programs — has lost much of its potency, at least for now, thanks to cheap borrowing costs and low inflation. Biden press secretary Jen Psaki looked back at the Obama stimulus package that hel...
As for his own work schedule, Biden told the press he has been making calls for around seven hours a day to stay informed. He's been talking with House and Senate Democratic leadership working on the COVID-19 response stimulus package, as well as with governors and mayors dealing with the...
"Under normal circumstances I would have thought that her advice to Biden would be very pro stimulus," he said. "(But) the inflation backdrop will probably dampen if not check some of her underlying tendencies...I suspect that a lot of her input may be on the ...
(next-generation Solyndras). Consider California High-Speed Rail, an infrastructure train wreck that will soon be begging for a bailout from the Biden administration. It originally used a grant from President Barack Obama’s 2009 “stimulus” package to pay, six years later, for a tiny initial...
I have been fighting for months, and for quite some time – even when I was in the Senate – for monthly payments. Because if I know that the struggle to make ends meet is monthly, the solution has to be also." Much like the stimulus checks the government distributed in 2020, the ...
Joe Manchin of West Virginia became the first Democrat to say he would not vote for $2,000 stimulus checks to help Americans hit hard by the pandemic. But being in the majority means having committee chairmanships and controlling the schedule, which can kill legislation and nomination...
US stimulus bill The focus of US president Joe Biden’s plan for $1.9tn in additional pandemic aid will turn to Senate consideration this week. The Democratic-controlled Housepassed the expansive legislationat the weekend with the support of the vast majority of Democratic lawmakers. The packa...