Democrats Vow to Push Their Own Infrastructure Plan as Talks Drag On

As progressives balked at an emerging bipartisan deal, top Democrats said they hoped to move forward in July with a budget maneuver that would allow them to push through their own plan.

#american-jobs-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #federal-taxes-us, #gasoline-tax-us, #house-of-representatives, #infrastructure-public-works, #senate, #united-states-politics-and-government

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Biden Ends Infrastructure Talks With Republicans, Falling Short of a Deal

After weeks of failed efforts to bridge deep divides, the president pulled the plug, turning to a bipartisan group to try to salvage a chance at compromise.

#american-jobs-plan-2021, #biden-joseph-r-jr, #bridges-and-tunnels, #capito-shelley-moore, #cassidy-bill-1957, #deese-brian-c-1978, #federal-budget-us, #fitzpatrick-brian-k-1973, #gottheimer-joshua-s-1975, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #senate, #sinema-kyrsten, #transportation, #united-states-economy, #united-states-politics-and-government

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Can the Rich Pay for a Better America?

Biden has it mostly right. But will Congress water down his plans?

#biden-joseph-r-jr, #corporate-taxes, #federal-budget-us, #federal-taxes-us, #high-net-worth-individuals, #tax-cuts-and-jobs-act-2017, #tax-shelters, #taxation, #united-states-politics-and-government

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The Radical Modesty of Biden’s Budget

How to do big things without making bombastic claims.

#biden-joseph-r-jr, #economic-growth, #federal-budget-us, #taxation, #united-states-economy, #united-states-politics-and-government

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Biden’s Budget Has Racial Equity Efforts Baked In

The budget, which was released on Friday, includes tens of billions of dollars worth of programs intended to bolster the fortunes of people of color and other historically underserved groups.

#biden-joseph-r-jr, #black-people, #federal-budget-us, #minorities, #race-and-ethnicity

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National Endowment for the Arts Funding Would Rise Under Biden Plan

The president’ calls for a 20 percent increase in the national arts budget, a departure from the Trump administration’s efforts to eliminate the agency.

#american-alliance-of-museums, #biden-joseph-r-jr, #culture-arts, #federal-budget-us, #finances, #national-endowment-for-the-arts, #trump-donald-j

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Here’s One Thing Missing from President Biden’s Budget: Booming Growth

For all the administration’s focus on transformational policies, it’s not forecasting an outburst of economic potential.

#biden-joseph-r-jr, #federal-budget-us, #gross-domestic-product, #inflation-economics, #trump-donald-j, #unemployment, #united-states-economy, #united-states-politics-and-government

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Biden’s $6 Trillion Budget Aims for Path to Middle Class, Financed by the Rich

The president’s budget envisions a redistribution of wealth that will allow more Americans to enjoy prosperity, and it invests in climate change, education and infrastructure.

#american-rescue-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #federal-taxes-us, #income-tax, #medicare, #united-states-economy, #united-states-politics-and-government

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A Look at What’s Inside Biden’s $6 Trillion Budget Request

President Biden’s funding request to Congress lays out his economic ambitions, with proposals for significant new spending in areas like infrastructure, education and the environment.

#american-families-plan-2021, #american-jobs-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #united-states-politics-and-government

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One Thing Missing From the Biden Budget: Booming Growth

For all the administration’s focus on transformational policies, it’s not forecasting an outburst of economic potential.

#biden-joseph-r-jr, #federal-budget-us, #gross-domestic-product, #inflation-economics, #trump-donald-j, #unemployment, #united-states-economy, #united-states-politics-and-government

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Republicans Present $928 Billion Counteroffer to Biden on Infrastructure

The plan’s total price tag came close to what the president has said he would consider, but it included only a fraction of the new spending he has requested. A compromise faces long odds.

#american-jobs-plan-2021, #american-rescue-plan-2021, #barrasso-john, #biden-joseph-r-jr, #capito-shelley-moore, #environment-and-public-works-committee, #federal-budget-us, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #sanders-bernard, #senate, #stimulus-economic, #transit-systems, #transportation, #united-states-politics-and-government, #wicker-roger

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Biden’s Budget Sees Low Inflation, Rising Debt and Slow Economic Growth

The proposal sheds new light on President Biden’s economic agenda and underscores the administration’s belief that the country’s fiscal situation is manageable.

#american-rescue-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #gross-domestic-product, #inflation-economics, #taxation, #united-states-economy, #united-states-politics-and-government, #yellen-janet-l

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Biden’s Plan: President to Propose $6 Trillion Budget to Boost Middle Class, Infrastructure

The president’s plans to invest in infrastructure, education, health care and more would push federal spending to its highest sustained levels since World War II.

#biden-joseph-r-jr, #federal-budget-us, #national-debt-us, #united-states-economy

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Biden to Propose $6 Trillion Budget to Boost Middle Class and Infrastructure

The president’s plans to invest in infrastructure, education, health care and more would push federal spending to its highest sustained levels since World War II.

#biden-joseph-r-jr, #federal-budget-us, #national-debt-us, #united-states-economy

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Republicans Promise Counteroffer as Infrastructure Talks Falter

President Biden and Democrats are facing difficult decisions about how to move their infrastructure plan through Congress as bipartisan momentum flags.

#american-families-plan-2021, #american-jobs-plan-2021, #american-rescue-plan-2021, #biden-joseph-r-jr, #capito-shelley-moore, #collins-susan-m, #electric-and-hybrid-vehicles, #federal-budget-us, #gasoline-tax-us, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #romney-mitt, #sinema-kyrsten, #stimulus-economic, #taxation, #united-states-politics-and-government

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Republicans Push Biden to Divert Federal Aid for Infrastructure

Unexpected receipts, driven in part by taxes on high earners riding a hot stock market, have prompted Republicans to push the president to spend on infrastructure instead.

#american-rescue-plan-2021, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #income-tax, #states-us, #taxation, #united-states-economy

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Krugman Wonks Out: What We Talk About When We Talk About Money

Chill out. The Fed isn’t rolling the printing presses to pay the bills. 

#budgets-and-budgeting, #federal-budget-us, #federal-reserve-bank-of-new-york, #federal-reserve-system, #government-bonds, #united-states

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How City Hall in New York City Saved Local News

City agencies are spending at least half of their ad budgets on local newspapers and websites. 

#adams-eric-l, #advertising-and-marketing, #biden-joseph-r-jr, #budgets-and-budgeting, #chicago-ill, #city-council-nyc, #corp-for-public-broadcasting, #de-blasio-bill, #executive-orders-and-memorandums, #federal-budget-us, #garcia-kathryn, #minorities, #new-york-city, #new-york-state, #news-and-news-media, #newspapers, #online-advertising, #politics-and-government, #stanford-university, #state-legislatures, #university-of-north-carolina, #wiley-maya

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Schumer Readies Plan B to Push Immigration Changes Unilaterally

Should bipartisan talks stall, the Senate majority leader is exploring trying to use budget reconciliation to legalize millions of undocumented immigrants.

#biden-joseph-r-jr, #budgets-and-budgeting, #congressional-hispanic-caucus, #deferred-action-for-childhood-arrivals, #democratic-party, #dream-act-development-relief-and-education-for-minors-act, #federal-budget-us, #illegal-immigration, #immigration-and-emigration, #infrastructure-public-works, #schumer-charles-e, #senate, #united-states-politics-and-government

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Joe Biden Was No One’s Idea of a Historic Figure

But here we are talking about F.D.R. and L.B.J.

#american-rescue-plan-2021, #federal-budget-us, #united-states-economy, #united-states-politics-and-government

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Senate Passes $35 Billion Water Bill, but Bigger Infrastructure Fights Loom

The lopsided vote was a reminder that bipartisan cooperation on public works projects is possible, but lawmakers in both parties said the spirit of compromise could be fleeting.

#american-families-plan-2021, #american-jobs-plan-2021, #american-rescue-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #infrastructure-public-works, #law-and-legislation, #senate, #united-states-politics-and-government, #water

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Biden Has Elevated the Job of Science Adviser. Is That What Science Needs?

The Senate is considering Eric S. Lander’s nomination after months of delay. Some experts ask if an adviser can actually have an impact.

#appointments-and-executive-changes, #biden-joseph-r-jr, #federal-budget-us, #lander-eric-s, #office-of-science-and-technology-policy, #presidents-and-presidency-us, #research, #science-and-technology, #united-states-politics-and-government, #your-feed-science

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Biden’s $4 Trillion Economic Plan, in One Chart

Money directed at families is added to an earlier proposal on infrastructure.

#american-rescue-plan-2021, #biden-joseph-r-jr, #federal-budget-us, #federal-taxes-us, #tax-evasion, #united-states-economy

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Biden Seeks $80 Billion to Beef Up I.R.S. Audits of High-Earners

The president’s “American Families Plan,” which he will detail this week, will be offset in part by a tax enforcement effort that administration officials believe will raise $700 billion over a decade.

#biden-joseph-r-jr, #corporate-taxes, #federal-budget-us, #federal-taxes-us, #high-net-worth-individuals, #income-tax, #internal-revenue-service, #tax-evasion, #tax-shelters, #united-states-economy, #united-states-politics-and-government

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Automatic Aid for the People? How Jobless Benefits Can Fit the Economy.

The pandemic showed the flaws in the American approach to help the unemployed. Alternatives exist.

#coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #labor-and-jobs, #recession-and-depression, #unemployment, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government

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Republicans Look to Slash the Size of Biden’s Infrastructure Plan

Working to avoid being cut out of the process, they presented a $568 billion blueprint that is a fraction of the size of President Biden’s proposal.

#american-jobs-plan-2021, #american-rescue-plan-2021, #biden-joseph-r-jr, #capito-shelley-moore, #corporate-taxes, #federal-budget-us, #federal-taxes-us, #infrastructure-public-works, #republican-party, #senate, #united-states-economy, #united-states-politics-and-government

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Senate Republicans Shun Earmarks, Embracing Spending Restraint Anew

With a Democratic president in the White House, Senate Republicans have a newfound zeal for austerity, foreshadowing spending fights to come.

#cornyn-john, #coronavirus-aid-relief-and-economic-security-act-2020, #cruz-ted, #delauro-rosa-l, #earmarks-finance, #federal-budget-us, #infrastructure-public-works, #leahy-patrick-j, #national-debt-us, #republican-party, #shelby-richard-c, #united-states-politics-and-government

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Voters Like Biden’s Infrastructure Plan; Taxes Are an Issue

A Times poll shows large majorities back spending on roads, ports, broadband and more. But Republicans aim to make corporate tax increases the issue.

#american-jobs-plan-2021, #biden-joseph-r-jr, #corporate-taxes, #federal-budget-us, #federal-taxes-us, #infrastructure-public-works, #law-and-legislation, #polls-and-public-opinion, #surveymonkey, #united-states-economy, #united-states-politics-and-government

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What Bidenism Owes to Trumpism

The Biden agenda tries to seize the populist opportunity that Trump let slip away.

#american-jobs-plan-2021, #bannon-stephen-k, #biden-joseph-r-jr, #customs-tariff, #democratic-party, #federal-budget-us, #federal-taxes-us, #inflation-economics, #infrastructure-public-works, #nationalism-theory-and-philosophy, #protectionism-trade, #republican-party, #trump-donald-j, #united-states-economy

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Biden Details $1.52 Trillion Spending Proposal to Fund Discretionary Priorities

The blueprint includes increases in funding to address climate change, along with beefing up education, health research and the Internal Revenue Service.

#biden-joseph-r-jr, #federal-budget-us, #house-of-representatives, #office-of-management-and-budget-us, #senate, #united-states-politics-and-government

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What President Biden Proposed in His Fiscal 2022 Spending Plan

Here’s a guide to the $1.5 trillion plan, which calls for new funding to support domestic priorities like education, biomedical research and clean energy.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #federal-budget-us, #trump-donald-j, #united-states-defense-and-military-forces, #united-states-economy, #united-states-international-relations, #united-states-politics-and-government

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With Warning to Democrats, Manchin Points the Way for Biden’s Agenda

The West Virginia Democrat’s latest plea for bipartisanship suggested that, to win over a critical swing vote in his own party, President Biden will first have to reach out to Republicans.

#american-jobs-plan-2021, #american-rescue-plan-2021, #biden-joseph-r-jr, #corporate-taxes, #democratic-party, #federal-budget-us, #infrastructure-public-works, #law-and-legislation, #manchin-joe-iii, #republican-party, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Biden Can Go Bigger and Not ‘Pay for It’ the Old Way

By focusing on how much revenue they hope to raise from tax increases on the well-off, Democrats risk limiting the scope of their ambitions.

#federal-budget-us, #united-states-economy, #united-states-politics-and-government

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Let’s Cut Our Ridiculous Defense Budget

President Biden wants to change the paradigm. That may be easier than changing the Pentagon.

#appointments-and-executive-changes, #austin-lloyd-j-iii, #biden-joseph-r-jr, #center-for-a-new-american-security, #center-for-strategic-and-international-studies, #defense-and-military-forces, #defense-contracts, #federal-budget-us, #northrop-grumman-corporation, #perry-william-j, #raytheon-company, #united-states-defense-and-military-forces, #united-states-international-relations, #united-states-politics-and-government

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How a Senate Ruling Could Help Push Biden’s Agenda Through Congress

Democrats now appear to have more chances to maneuver bills past Republicans, but it remains unclear how and when they might use them, and for what.

#american-rescue-plan-2021, #biden-joseph-r-jr, #democratic-party, #federal-budget-us, #federal-taxes-us, #filibusters-and-debate-curbs, #infrastructure-public-works, #law-and-legislation, #macdonough-elizabeth, #sanders-bernard, #senate, #united-states-politics-and-government

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Democrats Win Crucial Tool to Enact Biden’s Plans, Including Infrastructure

A ruling from the parliamentarian appears to clear the way for Democrats to bypass Republicans and fast-track at least one more fiscal package through the Senate on a majority vote.

#biden-joseph-r-jr, #democratic-party, #federal-budget-us, #filibusters-and-debate-curbs, #infrastructure-public-works, #law-and-legislation, #republican-party, #schumer-charles-e, #senate, #united-states-politics-and-government

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Biden Plan Spurs Fight Over What ‘Infrastructure’ Really Means

Republicans say the White House is tucking liberal social programs into legislation that should be focused on roads and bridges. Administration officials say their approach invests in the future.

#biden-joseph-r-jr, #bridges-and-tunnels, #federal-budget-us, #home-health-care, #infrastructure-public-works, #labor-and-jobs, #law-and-legislation, #organized-labor, #republican-party, #roads-and-traffic, #rural-areas, #states-us, #united-states-economy, #united-states-politics-and-government, #white-house-council-of-economic-advisers

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Biden to Pay for Infrastructure Plan With 15 Years of Corporate Taxes

The president will propose using the revenue from increasing corporate taxes to pay for eight years of ambitious spending on roads, bridges, utilities and other needs.

#biden-joseph-r-jr, #corporate-taxes, #democratic-party, #federal-budget-us, #federal-taxes-us, #house-of-representatives, #infrastructure-public-works, #republican-party, #senate, #trump-donald-j, #united-states-chamber-of-commerce, #united-states-economy, #united-states-politics-and-government

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Democrats Look to Smooth the Way for Biden’s Infrastructure Plan

House Democrats face hurdles to pushing through the president’s big spending plans, including Republican opposition and resistance from their own ranks.

#american-rescue-plan-2021, #biden-joseph-r-jr, #democratic-party, #federal-budget-us, #house-of-representatives, #infrastructure-public-works, #senate, #tax-credits-deductions-and-exemptions, #tax-cuts-and-jobs-act-2017, #taxation, #united-states-economy, #united-states-politics-and-government

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Shalanda Young, Top House Aide, Is Confirmed as Biden’s No. 2 Budget Official

Over more than a decade at the House Appropriations Committee, Ms. Young gained credibility with members of both political parties.

#biden-joseph-r-jr, #budgets-and-budgeting, #content-type-personal-profile, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #house-committee-on-appropriations, #house-of-representatives, #office-of-management-and-budget-us, #united-states-politics-and-government, #young-shalanda

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The Many Faces of Post-Trump Stress Disorder

It seemed like everything was calming down, until it wasn’t.

#metoo-movement, #american-rescue-plan-2021, #biden-joseph-r-jr, #cuomo-andrew-m, #democratic-party, #federal-budget-us, #fillmore-millard, #hate-crimes, #presidents-and-presidency-us, #stimulus-economic, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

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House Votes to Avert Deep Medicare Cuts to Pay for $1.9 Trillion Stimulus Plan

The measure is likely to become the subject of negotiations later in the year over government spending and debt.

#american-rescue-plan-2021, #congressional-budget-office, #coronavirus-2019-ncov, #federal-budget-us, #house-of-representatives, #medicare, #national-debt-us, #stimulus-economic, #united-states-politics-and-government

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Democrats, Pushing Stimulus, Admit to Regrets on Obama’s 2009 Response

In pitching President Biden’s relief package, Democrats have said their 2009 stimulus efforts under Barack Obama were insufficient. Those close to Mr. Obama have noticed.

#american-recovery-and-reinvestment-act-2009, #american-rescue-plan-2021, #biden-joseph-r-jr, #collins-susan-m, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #elections-house-of-representatives, #emanuel-rahm, #federal-budget-us, #jarrett-valerie, #obama-barack, #presidential-election-of-2020, #primaries-and-caucuses, #united-states-politics-and-government

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17 Reasons to Let the Economic Optimism Begin

A reporter who has tracked decades of gloomy trends sees things lining up for roaring growth.

#federal-budget-us, #innovation, #labor-and-jobs, #productivity, #recession-and-depression, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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The Coronavirus Killed the Gospel of Small Government

The crisis showed, once and for all, that things fall apart when the government steps aside.

#coronavirus-2019-ncov, #federal-budget-us, #keynes-john-maynard, #trump-donald-j, #united-states, #united-states-economy

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How Biden Funds His Next Bill: Shrink the $7.5 Trillion Tax Gap

The I.R.S. is often unable to detect or fight blatant tax cheating by the rich and big businesses. Restoring it is a solution that pays for itself.

#federal-budget-us, #tax-evasion, #united-states-politics-and-government

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Democrats Agree to Trim Unemployment Aid to Keep Stimulus Bill on Track

Bowing to moderates who said the jobless aid was too generous, Democrats dropped their bid to raise a weekly federal unemployment benefit to $400 from $300.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #democratic-party, #federal-budget-us, #republican-party, #schumer-charles-e, #senate, #stimulus-economic, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government

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With Demise of Wage Increase, Biden and Democrats Face Progressive Ire

President Biden and top Democrats are working to ensure that frustration over the exclusion of the minimum wage increase in the stimulus plan does not overshadow the success of the package.

#biden-joseph-r-jr, #democratic-party, #federal-budget-us, #harris-kamala-d, #house-of-representatives, #khanna-ro, #macdonough-elizabeth, #minimum-wage, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Virus Did Not Bring Financial Rout That Many States Feared

Grim forecasts held up for a few states, but many took in about as much tax revenue as before the pandemic — sometimes a lot more.

#brookings-institution, #coronavirus-2019-ncov, #federal-aid-us, #federal-budget-us, #income-tax, #layoffs-and-job-reductions, #republican-party, #sales-and-excise-taxes, #states-us, #stimulus-economic, #tax-policy-center, #taxation, #united-states-politics-and-government

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Assessing Claims in the Coronavirus Stimulus Debate

Lawmakers have made an array of misleading claims about “Pelosi’s subway,” unauthorized immigrants receiving checks, school funding and the minimum wage as they debate the $1.9 trillion relief bill.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #coronavirus-reopenings, #federal-budget-us, #mccarthy-kevin-1965, #minimum-wage, #scalise-steve, #stimulus-economic

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