Democrats' feud over SALT tax repeal threatens to derail Biden's $2.25T spending plan
A growing rift among Democrats over whether to repeal a Trump-era limit on state and local tax deductions is threatening to derail President Biden's $2.25 trillion tax and spending plan.
Hawaiian rail project that got $70 million in COVID stimulus lobbying for more to cover shortfall
A behind-schedule and over-budget rail project in Hawaii that got $70 million in the coronavirus stimulus package is now angling for more federal money to close a $3.68 billion funding gap.
Biden’s Afghan troop withdrawal plan ‘a major blunder on the budget side’: Forbes
Forbes Media Chairman Steve Forbes argues pulling troops from Afghanistan by September 11 is a strategic "disaster" and "major blunder on the budget side."
US deficit soars to record $1.7T in six months, fueled by COVID relief spending
The U.S. budget deficit ballooned to a record $1.7 trillion in the first half of the fiscal year as a third round of stimulus checks included in President Biden's coronavirus relief package sent federal spending skyrocketing.
Progressives unveil list of demands for Biden's $2.25T spending proposal
Progressive Democrats this week issued a litany of demands for President Biden's sprawling $2.25 trillion spending package, calling on the president to go "big" and invest hundreds of billions of dollars in left-wing priorities.
United Airlines workers protest potential layoffs after $7.7 billion federal bailout
United Airlines catering workers protested the airline's plans to lay off workers despite receiving $7.7 billion in total federal bailout funds since last year.
Biden's corporate tax hike could cost US economy 1M jobs, trade group warns
President Biden has pitched his nearly $2.3 trillion spending proposal as a vital investment in the U.S. economy, but the proposed tax hikes that would fund the sweeping measure could kill close to 1 million jobs.
NY creates $2B fund to provide illegal immigrants with COVID relief
New York lawmakers struck a deal this week to establish a $2.1 billion coronavirus relief fund for undocumented immigrants and other unemployed workers who were ineligible for federal aid during the pandemic.
New York Penn Station expansion plan faces opposition
Mr. Cuomo has called the planned station complex a crucial piece in the state's infrastructure that will support economic growth in the city and the state
Biden opens door to lowering corporate tax hike in $2.25T spending proposal
President Biden on Wednesday said he is willing to lower the proposed corporate tax increase included in his nearly $2.3 trillion spending proposal amid pushback from Republicans and some moderate Democrats.
Biden's $2.25T spending plan would raise taxes by $2.1T, slash GDP by 0.8% in 2050, study shows
A new analysis published Wednesday shows that Biden's $2.25T infrastructure plan could slash growth in the long term due to a slew of tax hikes.
New York poised to hike taxes on millionaires, Wall Street
New York is set to raise taxes on its wealthiest residents after Gov. Andrew Cuomo and legislative leaders reached a tentative agreement that would make the state's millionaires pay the highest income rate in the nation.
Tax hikes in NY budget will cause exodus: Don Peebles
Peebles Corporation founder, CEO and Chairman Don Peebles on the impact of New York’s latest budget plan.
Biden falsely says $2.25T spending plan will create 19M jobs
President Biden and his top lieutenants have inaccurately depicted how many jobs the eight-year spending initiative will create.
Freedom working in Florida, NY lawmaker says
Rep. Claudia Tenney, R-N.Y., slammed the state budget process arguing that New York is the "least free" state in the nation.
Biden adviser argues for 'update' to meaning of 'infrastructure' while pitching broad $2T spending plan
National Economic Council Director Brian Deese said on Sunday that there needs to be an "update" to the meaning of infrastructure in the modern world as he pitched President Biden's $2 trillion spending plan on "Fox News Sunday."
Biden administration sued by 13 states over tax provision in coronavirus relief plan
Attorneys general from 13 states sued the Biden administration this week over a key element of the recently enacted $1.9 trillion coronavirus relief law that prevents states from using government aid to lower taxes.
AOC’s ‘frightening' economic ideas taking over Democrat Party: Steve Moore
Steve Moore argues Alexandria Ocasio-Cortez’s ideas about spending are becoming mainstream within the Democrat Party.
Manufacturing strongest since 1983
U.S. manufacturers are the strongest they've been in 37 years, here's why...
Biden's $2T spending bill praised by Obama economic adviser, but inflation concerns remains
Former Obama economic adviser Larry Summers offered measured praise for President Biden's $2 trillion infrastructure spending bill.



















