Tag: budget

House Passes $1.75 Trillion Budget Bill, Sending It to the Senate

The House voted 220–213 to pass Democrats’ $1.75 trillion Build Back Better budget bill on Friday, sending the bill to the Senate after months of delays and infighting. Republicans have been opposed to the legislation since its inception, and voted against the bill unanimously. One Republican congresswoman said that she was emphatically voting “Hell no”…


House Passes $1.8 Trillion Budget Bill, Sending It to the Senate

The House voted 220–213 to pass Democrats’ $1.8 trillion Build Back Better budget bill on Friday, sending the bill to the Senate after months of delays and infighting. Republicans have been opposed to the legislation since its inception, and voted against the bill unanimously. One Republican congresswoman said that she was emphatically voting “Hell no”…


House Passes $1.85 Trillion Budget Bill, Sending It to the Senate

The House voted 220–213 to pass Democrats’ $1.85 trillion Build Back Better budget bill on Friday, sending the bill to the Senate after months of delays and infighting. Republicans have been opposed to the legislation since its inception, and voted against the bill unanimously. One Republican congresswoman said that she was emphatically voting “Hell no”…


Pelosi Says She Supports Increasing SALT Cap

Speaker of the House Nancy Pelosi (D-Calif.) defended efforts by some in her party to include the State and Local Tax deduction (SALT) during her weekly press conference, breaking her silence on the controversy. SALT allows taxpayers to deduct their state and local income taxes from their federal tax bill. The program is especially popular…


Australian State’s War on Crime Sees Spending Triple That of Other States

Victoria Police have implemented cost-cutting measures to reduce its spending following a budget blowout on crime fighting operations that has seen the state spend as much as New South Wales (NSW)on law and order enforcement, despite being one-third in geographical size. According to The Age, spending on police courts and prisons grew at double or…


Manchin Opposes EV Tax Credit in Democratic Budget: Report

Sen. Joe Manchin (D-W.Va.) reportedly opposes an effort by his party to give a $4,500 tax benefit to electric vehicles made in the United States by unionized manufacturers. Currently, U.S. law provides some tax credits to individuals who purchase an electric vehicle, ranging from $2,500 on the low end up to $7,500 for qualifying vehicles….


EU Ministers to Discuss Inflation Surge, EU Budget Rule Reform

BRUSSELS—European Union finance ministers will on Monday discuss a surge in consumer prices, its impact on wages, and changes they would like made to the bloc’s budget rules to support investment and reduce debt. Inflation rose 4.1 percent year-on-year last month in the 19 countries sharing the euro, up from 3.4 percent in September. Ministers…


House Passes Biden Infrastructure Bill After Hours of Negotiations

After a day of negotiations, the House of Representatives has passed the bipartisan $1.2 trillion infrastructure bill, sending it to President Joe Biden’s desk late evening. House Democrats late Friday had reached an agreement to vote on the bill, as well as to pass a rule to set up a future vote on Biden’s ambitious $1.75…


Dems Postpone Vote on Biden Agenda After Negotiations Fail

Democrats have been forced to postpone a vote on President Joe Biden’s ambitious agenda, consisting of the $1.2 trillion bipartisan infrastructure bill and the $1.75 trillion budget bill. The decision to postpone the vote, coming after negotiations with moderates fell through, is another loss for the party. Their legislative agenda is now months off schedule,…


Dems Postpone Vote on Biden Agenda After Negotiations Fail, Move Forward on Infrastructure

Democrats have been forced to postpone a vote on President Joe Biden’s ambitious $1.75 trillion budget bill, but plan to move forward with a vote on the bipartisan $1.2 trillion infrastructure bill. The decision to postpone the budget vote, coming after negotiations with moderates fell through, is another loss for the party. Biden’s legislative agenda…