President Donald Trump and congressional leaders announced Monday a critical debt and budget agreement that’s an against-the-odds victory for Washington, D.C., pragmatists seeking to avoid political and economic tumult
The agreement on an outline for $1.3 trillion in agency spending would represent a win for lawmakers eager to return Washington to a more predictable path amid political turmoil and polarization.
Amazon Web Services Inc., a division of Amazon, and Microsoft Corp. are finalists for the contract estimated to be worth up to $10 billion over a decade.
During his speech Thursday night at the Young Democrats of America National Convention in Indianapolis, South Bend Mayor and presidential candidate Pete Buttigieg tried to draw attention to Republican policies that he says haven’t worked.
The legislation, for the first time, would pay tipped workers the same as others earning the minimum, boosting their pay to $15 an hour, too. It’s now $2.13.
Elizabeth Warren’s plan, the latest in a series of policy ideas that have propelled the Massachusetts senator to the top tier of the 2020 Democratic presidential primary field, would hold private equity firms liable for debts and pension promises made by the companies they acquire.
Big Tech faced tough questions Tuesday as federal lawmakers focused on issues of potentially anticompetitive behavior by technology giants and expressed bipartisan skepticism over Facebook’s plan for a new digital currency.
Members of both parties demanded to know why a company with massive market power and a track record of scandals should be trusted with such a far-reaching project, given the potential for fraud, abuse and criminal activity.
The order strengthens the standards that federal agencies must follow under the Buy American Act, which creates a preference for American-made goods.
Labor Secretary Alexander Acosta said Friday he is resigning following renewed scrutiny of his handling of a 2008 secret plea deal with wealthy financier Jeffrey Esptein , who is accused of sexually abusing dozens of underage girls.
The American Federation of Teachers filed a federal lawsuit, alleging that the Education Department has mismanaged the Public Service Loan Forgiveness program that was created in 2007. Just 1% of more than 86,000 applications had been approved for loan forgiveness as of March 31.
The drug rebate rule would have ended a widespread practice in which drugmakers give rebates to insurance middlemen in government programs such as Medicare. The idea was to channel that money to consumers instead.
The nonpartisan Congressional Budget Office estimated the plan would have little impact on manufacturer prices and cost Medicare $177 billion over 10 years by leading to higher premiums subsidized by taxpayers.
Hale announced Thursday morning that she is seeking Indiana’s 5th District seat, which is being vacated by Republican Susan Brooks.
H. Ross Perot, the colorful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice ran for president as a third-party candidate, has died.
Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
Responding to a lawsuit by Eli Lilly and two other companies, a federal judge Monday blocked a major White House initiative on prescription drug costs, saying the Trump administration lacked the legal authority to require drugmakers to disclose their prices in TV ads.
Buttigieg still faces questions about his experience and whether his appeal extends beyond wealthier donors and white voters.
Recipients defended the payouts, saying they didn’t cover their losses from the trade war, and they were legally entitled to them.
Environmental Protection Agency officials said Tuesday that modern industry practices and recently enacted regulations are sufficient to shield taxpayers from potential cleanup costs.
