U.S. House set to debate $1 trillion infrastructure bill Monday -Pelosi

U.S. House set to debate $1 trillion infrastructure bill Monday -Pelosi
The U.S. Capitol Building is pictured in Washington, U.S., August 20, 2021. REUTERS/Elizabeth FrantzWASHINGTON, Sept 24 (Reuters) - House Democratic leaders said on Friday they intended to forge ahead next week with U.S. President Joe Biden's $3.5 trillion social agenda as well as a $1 trillion bipartisan infrastructure bill.But with Democrats continuing to squabble over… Read More

Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill

Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill
An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File PhotoWASHINGTON, Sept 19 (Reuters) - Senior Democrats said on Sunday that they will likely need to scale back President Joe Biden's $3.5 trillion social spending bill while passage of the linked bipartisan infrastructure bill may slip past… Read More

House Democrats expected to propose hike to corporate tax rate, surtax on wealthy

House Democrats expected to propose hike to corporate tax rate, surtax on wealthy
The skyline of lower Manhattan is seen before sunrise in New York City, U.S., July 17, 2019. REUTERS/Brendan McDermidWASHINGTON, Sept 12 (Reuters) - U.S. House Democrats are expected to propose raising the U.S. corporate tax rate to 26.5% from 21% as part of a sweeping plan that includes tax increases on the wealthy, corporations, and… Read More

U.S. House Democrats propose EV tax credits of up to $12500

U.S. House Democrats propose EV tax credits of up to $12500
Computer science professor Christa Lopes' Scion IQ electric car is plugged in in her garage in Irvine, California January 26, 2015. REUTERS/Lucy NicholsonWASHINGTON, Sept 10 (Reuters) - U.S. Democratic lawmakers on Friday proposed an expansion of tax credits for electric vehicles that includes significantly higher subsidies for union-made zero emission models assembled in the United… Read More

White House pitches America First 2.0

White House pitches America First 2.0
U.S. President Joe Biden holds a news conference after the U.S.-Russia summit with Russia's President Vladimir Putin, in Geneva, Switzerland, June 16, 2021. REUTERS/Kevin LamarqueWASHINGTON, June 23 (Reuters Breakingviews) - Competing sometimes means copying. U.S. President Joe Biden’s top economic aide, Brian Deese, said on Wednesday that the government needs to play a bigger role… Read More

U.S. House panels expand probe into Emergent’s Baltimore COVID-19 vaccine plant

U.S. House panels expand probe into Emergent’s Baltimore COVID-19 vaccine plant
June 23 (Reuters) - Two U.S. House panels have expanded their probe into problems at Emergent BioSolutions Inc's (EBS.N) Baltimore plant and have asked Johnson & Johnson and AstraZeneca for documents related to their selection of the contract manufacturer for their COVID-19 vaccines.Manufacturing of J&J's vaccine at Emergent's plant in Baltimore was halted by the… Read More