Transportation Secretary Pete Buttigieg said time is running short for a bipartisan deal on infrastructure, indicating that President Joe Biden will look to act without Republican support if there is no consensus when Congress returns from its Memorial Day break.
What started as a pragmatic effort to boost scientific research has morphed into sweeping bill aimed at making the U.S. more competitive, including $50 billion in emergency funds to shore up domestic computer chip manufacturing.
The chief executives of the nation’s largest banks went in front of Congress for a second day Thursday, facing questions ranging from inflation to their efforts to keep Americans in their homes after pandemic aid expires this summer.
Republicans have rejected Biden’s proposed corporate tax increase to pay for new investments, and instead want to shift unspent COVID-19 relief dollars to help cover the costs.
The Republicans said their new $1 trillion offer, spread over eight years, would be aligned with what they discussed with President Biden in their first Oval Office meeting almost two weeks ago.
The White House said Monday that President Joe Biden is awaiting an infrastructure counteroffer from Senate Republicans after a core group of GOP negotiators rejected his latest $1.7 trillion proposal, leaving the talks at a standstill before a Memorial Day deadline.
David Johnson, the president and CEO of the Central Indiana Community Partnership, also joins the podcast talk about how Indiana should prepare for the act’s passage.
Securing a vast infrastructure plan is Biden’s top priority, but Republicans are refusing Biden’s idea of a corporate tax hike to pay for the spending.
Among the proposed changes, businesses that receive “cryptoassets” with a fair market value of more than $10,000 would have to report it to the IRS.
Ford is taking a significant risk by sinking so much capital into an electric version of a pickup that commands a huge and loyal following. In a typical year, Ford sells about 900,000 F-series trucks. It has been America’s top-selling vehicle for nearly four decades.
Transportation Secretary Pete Buttigieg on Wednesday brought back a program that aims to aid minority and disadvantaged people by ensuring local hiring for public works construction projects, reversing a decision by the Trump administration.
President Joe Biden’s $2.3 trillion infrastructure plan calls for investments in industries such as electric vehicles and semiconductors. Critics say the plan gives the government too much involvement in decisions better made by the private sector.
President Joe Biden is proposing that Congress build up the depleted and often-maligned agency, saying that a more aggressive collection of unpaid taxes could help cover the cost of his multitrillion-dollar plan to boost infrastructure, families and education.
As the pandemic subsides, local eateries are hopeful that a new coronavirus relief program, the Restaurant Revitalization Fund, will help them emerge intact.
Indiana is not among the states cutting workers off from federal benefits. But on Thursday, Sen. Mike Braun, R-Ind., encouraged states to “pull the plug” on the benefits.
The order directs the Commerce Department to craft cybersecurity standards for companies that sell software services to the federal government – a move that officials say they hope will ripple across the private sector.
A conservative legal outfit claims the prioritization of restaurants and bars owned by women and certain minorities is pushing white men “to the back of the line” for aid for their eateries.
It’s unclear how long the money will last but it’s expected to be several months. Tens of millions of people are eligible.
States waived their work requirements for unemployment benefits at the start of the pandemic, but about 30 of them have reimposed or are planning to reimpose them. Gov. Eric Holcomb announced Friday that Indiana would do the same.
The attack underscored the vulnerabilities of the nation’s energy sector and other critical industries whose infrastructure is largely privately owned.
