The U.S. House of Representatives on Thursday unveiled the text of the Build Back Better Act, and it includes a provision to require banks to turn account information over to the IRS on accounts with $600 or more in annual transactions.
After months of criticizing Sens. Joe Manchin and Kyrsten Sinema for balking at the original $3.5 trillion price tag, congressional Democrats are finally accepting reality and paring President Biden’s social welfare package to between $1.5 trillion and $2 trillion over the decade.
More than three in five Republicans polled by Morning Consult/Politico said they intend to regularly log on to former President Donald Trump's planned social media platform, TRUTH Social, but few Democrats said they’d join them, despite Trump saying they'll be welcome on the site.
China tells Evergrande billionaire to pay off his company’s debt with his own money. However, it’ll be difficult to pay off $300 billion in debt with $7.8 billion in worth.
More than a week after President Joe Biden announced his ineffective plan for the clogged Los Angeles ports to increase their work hours, California Gov. Gavin Newsom has finally issued an executive order “to address state, national and global supply chain challenges” at the ports.
Two SPACs run by the same CEO in charge of the company that’s bringing former President Donald Trump’s media company public are seeing their warrants soar 100%+ in early trading Monday, rising sharply for a second straight session.
