Budget Battles
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Republicans Hammer Biden’s Big Stimulus Plan
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Biden Unveils ‘Wartime’ Covid Response Plan
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Biden Signs 17 Executive Actions on Day 1
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Yellen Tells Congress to ‘Act Big’ to Rescue the Economy
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Trump's Legacy: $7.8 Trillion Rise in Debt
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Biden Unveils $1.9 Trillion ‘American Rescue Plan’
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Trump Impeached Again: What's Next?
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The Next Steps for Biden’s Stimulus Plan
The new administration and new Congress in Washington are quickly running into the same old debates about Covid relief. President Joe Biden has called for a $1.9 trillion pandemic aid package, but...
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Biden Unveils ‘Wartime’ Covid Response Plan
By Michael RaineyIn his first full day in office, President Joe Biden rolled out a comprehensive plan to address the Covid-19 pandemic, releasing a 200-page document outlining his strategy while signing executive...
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Biden Signs 17 Executive Actions on Day 1, With Promise of More to Come
President Biden signed a flurry of executive orders just hours after taking the oath of office on Wednesday, hastening to enact his agenda to address the coronavirus pandemic and to reverse Trump...
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Biden Could Drive Millions More Into Obamacare Exchanges
By Michael RaineyPresident-elect Biden’s proposed $1.9 trillion stimulus package includes a provision that could result in millions more people signing up for health insurance through the Obamacare marketplaces,...
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Why Biden’s Ambitious Covid Relief Plan Could Get Cut in Half
By Michael Rainey and Yuval RosenbergPresident-elect Joe Biden’s plan to “rescue” the American economy proposes $1.9 trillion in federal spending to fund a national vaccine program, boost unemployment benefits, provide additional direct...
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Will the New Congress Do Anything to Lower Drug Prices?
More than 100 pharmaceutical companies raised the prices of 636 drugs in the first week of January, according to the advocacy group Patients for Affordable Drugs . The vast majority of the price...
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Biden Unveils $1.9 Trillion ‘American Rescue Plan’
President-elect Joe Biden on Thursday unveiled an economic relief package that calls for $1.9 trillion in aid, including money for $1,400 direct payments to most Americans as well as $350 billion in...
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Trump Admin Makes Major Changes to Covid Vaccine Rollout
The Trump administration on Tuesday announced some major changes to its Covid-19 vaccine rollout strategy, saying it would release all available doses and calling on states to start vaccinating...
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Trump Administration Hands Republicans a Big Win on Medicaid Funding
By Michael RaineyThe Trump administration delivered a long-sought victory to Republicans late last week by approving a request from Tennessee to receive Medicaid funding as a block grant. As part of a 10-year “...
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Biden’s Agenda Gets a Boost With Democratic Control in Washington
By Michael RaineyThe Democratic sweep of the runoff Senate elections in Georgia may not have gotten as much coverage as the storming of the Capitol by a pro-Trump mob Wednesday, but the results will have a powerful...
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Number of the Day: 3.5 Billion
By Michael RaineyThe U.S. maintains a Strategic National Stockpile of critical medical supplies, which includes antibiotics, vaccines, ventilators and other essential equipment. One item that’s supposed to be ready...
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Trump’s Coronavirus Tax Cut Falls Flat on Capitol Hill
President Trump promised Monday evening that his administration would quickly announce “very major,” very “substantial” and “dramatic” steps to boost the economy in the face of the coronavirus threat...
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A Coronavirus Recession?
Stocks cratered on Monday, suffering their worst daily drop in more than nine years, as the spread of the coronavirus and a clash between Saudi Arabia and Russia over oil prices left investors again...
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Medicare for All Would Help, Not Hurt, the Job Market: Report
One of the main criticisms of Medicare for All is that its radical realignment of the health care sector would lead to millions of job losses as doctors and hospitals take a financial hit and the...
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Number of the Day: $48 Billion
By The Fiscal Times StaffThat’s how much health insurer stocks rose Wednesday as investors reacted to Joe Biden’s surprisingly strong showing in the Super Tuesday primaries. Wall Street apparently saw the result as a...