Corporate

U.S. Domestic spending plan

Big changes in White House ideas to pay for $2 trillion plan

In an abrupt change, the White House on Wednesday floated new plans to pay for parts of President Joe Biden’s $2 trillion social services and climate change package, shelving a proposed big increase in corporate tax rates though also adding a new billionaires’ tax on the investment gains of the very richest Americans. The reversal

U.S. Domestic spending plan

Biden open to shortening length of programs in spending bill

President Joe Biden said Friday he would prefer to cut the duration of programs in his big social services and climate change package rather than eliminate some entirely, as Democrats struggle to win support from moderates by trimming what had been a $3.5 trillion proposal. Biden’s comments, reassuring progressives on what he hopes will be

Scroll to Top