Joe Biden

Sen. Joe Manchin said Monday that he does not support President Biden's proposed tax increases on corporations as part of a nearly $2.3 trillion spending proposal, potentially dealing a fatal blow to a key revenue raiser included in the infrastructure initiative. 

President Biden last week rolled out a $2.25 trillion spending proposal that his administration is pitching as a once-in-a-generation investment that will create the “strongest, most resilient, innovative economy in the world."  

Former acting White House chief of staff Mick Mulvaney slams Dems' efforts to push through infrastructure bill without bipartisan support.

Treasury Secretary Janet Yellen on Monday will make the case for a global minimum tax rate as she pushes President Biden's plan to increase levies on U.S. corporations in order to fund his $2.25 trillion spending proposal, according to Axios.

GasBuddy analyst Patrick De Haan said consumers could see a national average of $3 per gallon this year.

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."

President Biden laid out an unusual eight-year time frame for his plan to spend roughly $2.2 trillion on infrastructure projects and other policy goals, raising questions among critics on how much the plan will actually cost.

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.

President Biden defended the inclusion of the largest corporate tax rate in decades in his $2.25 trillion spending package, despite criticism from CEOs and industry groups who say it could hurt U.S. economic growth. 

U.S. Labor Secretary Marty Walsh weighed in on the March jobs report on FOX Business' “Varney and Co.”

House Speaker Nancy Pelosi signaled support this week for including a repeal of the $10,000 cap on state and local deduction in President Biden's sweeping spending proposal. 

Steve Moore argues Alexandria Ocasio-Cortez’s ideas about spending are becoming mainstream within the Democrat Party.

President Biden’s proposal for the biggest corporate tax hike in decades has prompted familiar critics, but also from groups known for cheering infrastructure spending-- jeopardizing its viability for passage.

The IRS will start issuing tax refunds in May to Americans who already filed their returns but are eligible to take advantage of a new break on unemployment benefits. 

President Biden's $2.25 trillion infrastructure proposal is already sparking pushback from Democrats and Republicans alike.

Rep. Alexandria Ocasio-Cortez, D-N.Y., said President Biden's new $2.3 spending plan is too small and progressives in the House will push to make the package "way higher," with a goal of $10 trillion over 10 years.

Former Obama economic adviser Larry Summers offered measured praise for President Biden's $2 trillion infrastructure spending bill.

The Bear Traps Report founder Larry McDonald argued that President Biden’s massive spending plan will weaken the dollar “substantially.”

The White House has directed the U.S. Environmental Protection Agency to study whether using renewable fuels to power electric vehicle charging should generate tradeable credits under the nation’s biofuels program

Small business owners have taken a hit from the coronavirus pandemic and now some experts are concerned that they may see their tax obligations rise as a result of potential increases proposed by President Biden.