Alfredo Ortiz, president and CEO of the pro-small business group Job Creators Network, slammed the 19 Republican U.S. Senators who supported the Democrat-backed infrastructure bill as suffering from “Republican Stockholm Syndrome” and said the $1.2 trillion infrastructure bill “is just table ante for Democrats’ $3.5 trillion socialist bill that will quickly follow.”
Senate Majority Leader Chuck Schumer (D-N.Y.) moved quickly on Tuesday to advance Democrats’ $3.5 trillion budget resolution bill, coming soon after the Senate voted to pass a $1.2 trillion infrastructure measure.
Philip Morris International has raised its bid against Carlyle to acquire Vectura, a U.K.-based drug manufacturer specializing in inhaled medicines, to 1.02 billion pounds ($1.41 billion). The U.K.'s Takeover Panel said that the deal could enter a rare head-to-head auction.
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The Congressional Budget Office released a report Thursday estimating the $1 trillion proposal would add $256 billion to the nation's budget deficit over the...