While it is unlikely all of this money has been obligated or spent by recipients, POLITICO added the full value of these announcements to the outlays under ARP and IIJA, along with obligations under CHIPS, to estimate the maximum amount of federal spending that could have taken place so far...
A labor shortage is oneof the persistent headwindsfacing President Joe Bidenas he builds support for his economic agenda to invest trillions of dollars in new federal spending to move the country from relief to recovery. From restaurants and retail to manufacturing and construction, signs declaring ...
As a businessman, Trump has a knack for discerning bad deals, so it’s not surprising he hit on NATO as a “bad” one. Why was America spending so much, allegedly to defend Europe, when Europeans themselves were spending far less for their own defense? Does America even need NATO? Onc...
Joe Biden has so far faced little criticism over reversing his decades-long support for restricting federal funding of abortions — a sign that Catholic Democrats' political calculus may be changing as the 2020 election approaches. Biden's change on abortion funding appeared to imperil the former...
Mike Bloomberg is seriously lowering expectations for Super Tuesday. Fueled by more than $500 million in ad spending, the billionaire had bet big on success in the 14 states voting Tuesday to help him rack up delegates and seize momentum in the race. But now he is expressing doubt about whe...
In doing so, Biden inadvertently paved the way for McCarthy and the Republican Congress toachieve remarkable conservative victoriesthat will have a lasting impact on the nation. House Republicans’ shrewd maneuvering resulted in the largest reduction in spending in history — a ...
The nation hit its statutory debt limit last month, but Republican lawmakers have held off on raising the limit in order to push for spending cuts. So far, Treasury SecretaryJanet Yellenhas been ableto take steps to avoid defaulton U.S. bonds, and buy extra time. ...
Biden’s plan would build on the Inflation Reduction Act, the climate, health and social spending bill that Congress enacted without a single GOP vote in 2022. Biden said he wants Congress to allow Medicare to negotiate prices for more prescription drugs, reduce out-of-pocket sp...
Here’s a look at who Biden has selected so far for his Cabinet and other top roles: 11:10 p.m. 8:16:17, December 28, 2020 Democratic Georgia Senate campaigns “sounding the alarm” over ad spending in contentious runoff race
The charging documents filed in California, where he lives, detail spending on drugs, strippers, luxury hotels and exotic cars, “in short, everything but his taxes,” prosecutor Leo Wise wrote. The indictment comes as congressional Republicans pursue an impeachment inquiry into President Biden, ...