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Tuesday, December 7, 2021
America’s president plans to raise both the corporate and the capital-gains tax...
People spend more, take more risks—and demand more of politicians...
Money directed at families is added to an earlier proposal on infrastructure.President Biden released the second portion of his economic plan on Wednesday: $1.8 trillion in new spending and tax cuts over 10 years for workers, families and children. That’s on top of the $2.3 trillion infrastructure plan he released at the end of March. Together, her...
The Federal Reserve said the economy had “strengthened” but opted to continue providing support while playing down a rise in inflation.Jerome H. Powell, the Federal Reserve chair, said on Wednesday that the nation would need to show greater progress toward substantial recovery before policies designed to bolster the economy would be lifted.Stefani ...
The Federal Reserve said the economy had “strengthened” but opted to continue providing support while playing down a rise in inflation.The Federal Reserve on Wednesday left interest rates at rock-bottom and pledged to continue buying government-backed bonds at a steady pace as it tries to support the economy’s recovery from the coronavirus downturn...
The proposed American Families Plan would expand access to education and child care. It would be financed partly through higher taxes on the wealthiest Americans.WASHINGTON — The Biden administration on Wednesday detailed a $1.8 trillion collection of spending increases and tax cuts that seeks to expand access to education, reduce the cost of child...
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....
President Biden plans to sign an executive order on Tuesday raising the minimum wage paid by federal contractors to $15 an hour, the latest in a set of ambitious pro-labor moves at the outset of his administration.The new minimum is expected to take effect next year and is likely to affect hundreds of thousands of workers, according to a White Hous...
#styln-signup .styln-signup-wrapper { max-width: calc(100% - 40px); width: 600px; margin: 20px auto; padding-bottom: 20px; border-bottom: 1px solid #e2e2e2; } America’s Federal Reserve......
The group will issue recommendations on how the government can use existing authority to help workers join labor unions and bargain collectively....
President Biden will sign an executive order on Monday creating a task force to promote labor organizing, according to a White House fact sheet.The task force, to be led by Vice President Kamala Harris and populated by cabinet officials and top White House advisers, will issue recommendations on how the federal government can use existing authority...
Beware the armchair general—especially if it’s yourself...