House passes $3.5T Biden blueprint after deal with moderates
WASHINGTON (AP) — House Democratic leaders have compromised with moderates and muscled President Joe Biden’s multitrillion-dollar budget blueprint over a key hurdle. The 220-212 vote Tuesday hoped to end a standoff that halted proceedings but signaled challenges ahead. A band of moderate lawmakers was threatening to withhold their support for the $3.5 trillion plan. They were demanding the House first approve a $1 trillion public works package that’s already passed the Senate. House leaders are offering them a Sept. 27 date for a vote on the bipartisan bill as a compromise. Tuesday’s votes is a key first step toward approval of the broader Biden package this fall.
Modest gains nudge Nasdaq above 15,000 for the first time
NEW YORK (AP) — Stocks closed modestly higher on Wall Street Tuesday, enough to nudge the Nasdaq composite to a record high and past 15,000 for the first time….