Sen. Joe Manchin (D-W. Va.) on Tuesday decried President Joe Biden’s recently-unveiled proposal to increase taxation on billionaires, saying that the plan would tax assets that billionaires don’t have. Biden’s proposal, called the Billionaire Minimum Income Tax, would place a minimum tax rate of 20 percent on America’s wealthiest households. The plan would go a…
Biden Says War Has Been ‘Strategic Failure’ for Russia
March 27, 2022
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Business & EconomyeconomyEuropeExecutive BranchMarketsPolandPoliticspresident joe bidenRussia-Ukraine WarUkraineUSWorld
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U.S. President Joe Biden on Saturday said the war in Ukraine has been a “strategic failure” for Russia and that Russian President Vladimir Putin “can and must end this war.” Biden also said Putin “cannot remain in power,” a remark that a White House official later clarified was not intended as a call for regime…
Biden Visits Poland to Express Support Amid Refugee Crisis Due to Russia–Ukraine War
President Joe Biden visited Poland on Friday in an expression of support for the NATO member nation amid the Russia–Ukraine war, and to thank Poles having welcomed Ukrainian refugees who fled after Russia’s invasion. More than 3.5 million Ukrainians have fled the country since the Feb. 24 invasion, of which over 2.2 million have entered Poland,…
Who’s to Blame for Gas Prices?
March 16, 2022
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Business & Economycommoditieseconomic policieseconomyEuropegas pricesInternationalMarketsOil pricePolicies & ImpactsPoliticspresident joe bidenRussia-Ukraine WarUSUS NewsVladimir PutinWorld
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News Analysis The drain Americans feel from increased gasoline prices owes to policy decisions by President Joe Biden, the Russian invasion of Ukraine, and several other factors, according to several experts. Gasoline now costs about $4.30 a gallon on average, according to GasBuddy. That’s the most expensive since the United States built up its refining…
Who’s to Blame for Higher Gas Prices?
March 16, 2022
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Business & Economycommoditieseconomic policieseconomyEuropegas pricesInternationalMarketsOil pricePolicies & ImpactsPoliticspresident joe bidenRussia-Ukraine WarUSUS NewsVladimir PutinWorld
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News Analysis The drain Americans feel from increased gasoline prices owes to policy decisions by President Joe Biden, the Russian invasion of Ukraine, and several other factors, according to several experts. Gasoline now costs about $4.30 a gallon on average, according to GasBuddy. That’s the most expensive since the United States built up its refining…
Deportations Plunge Under Biden
Deportation rates have fallen dramatically under President Joe Biden, with the administration deporting far fewer illegal aliens in 2021 than under President Donald Trump. In the roughly one-year period between October 2020 and September 2021, the DHS deported just 59,011 illegal immigrants, according to newly released data from Immigration and Customs Enforcement (ICE), an arm of…
Democrat Sen. Menendez Tells Biden Not to Ease Sanctions on Venezuelan Oil
March 8, 2022
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Business & EconomycommoditiesDemocratseconomyinflationMarketsOilPoliticspresident joe bidenSen. Bob MenendezUSUS NewsVenezuela
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As gasoline prices continue to reach record highs across the country, President Joe Biden is considering lifting sanctions on the oil-rich communist nation of Venezuela. The move faced backlash from Sen. Bob Menendez (D-N.J.), who called Venezuelan leader Nicolas Maduro “a cancer to our hemisphere.” In 2019, President Donald Trump imposed tough sanctions on Venezuela…
Senate Democrats Try to Revive BBB Programs, Win Sen. Manchin’s Support
In his State of the Union address, President Joe Biden called for the resurrection of several Build Back Better (BBB) policies, including government-financed childcare, paid family leave, and in-home healthcare. Several Senate Democrats are pushing for such a package, but are again facing opposition from Sen. Joe Manchin (D-W. Va.). In December 2021 Manchin, after months…
Biden Calls Florida’s Abortion Bill ‘Dangerous’
PUNTA GORDA, Florida–President Joe Biden took to Twitter on March 4 to say his administration “will not stand” for the “dangerous” abortion bill passed by the Florida State Senate. The bill, which prohibits most abortions after 15 weeks and makes no exceptions for rape and incest, was also seen by the president as limiting women’s…
Can Biden Confront the Xi–Putin Alliance?
Commentary Whatever you may think of Donald Trump, communist China and Russia were in relative check during his administration. The grand alliance between Vladimir Putin and Xi Jinping, evidently cemented during the Beijing Olympics with a lengthy document, wasn’t fully in place. Trump, at the least, kept them guessing and somewhat on the defensive. Interestingly, that…
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