in passing a massive $3.5 trillion budget reconciliation package. During a press conference on Wednesday, Senate Minority Leader Mitch McConnell (R-Ky.) argued the proposal isn’t in the best interests of the American people or the economy.
Repurposing money allocated from last year's pandemic-fueled CARES Act for use in this year's bipartisan infrastructure act won't mean that the nation won't still have a massive debt to repay, Sen. James Lankford warned on Newsmax Wednesday.
The U.S. Senate in a rare Saturday session worked on a bill that would spend $1 trillion on roads, rail lines and other infrastructure, as lawmakers from both parties sought to advance President Joe Biden's top legislative priority.
Pfizer hiked its projections for COVID vaccine revenues, telling investors this week it expects booster shots, a vaccine targeting the Delta variant and anticipated authorization of its vaccines for children as young as 6 months will drive revenues higher.
Joe Biden on Thursday called for newly vaccinated Americans to receive $100 payments, but a peer-reviewed medical journal publication from January disagrees with the approach.
The Senate passed a procedural vote to advance a $1.2 trillion infrastructure package. In a 67-to-32 vote Wednesday, the Senate reached bipartisan support to move forward on the bill after weeks of no progress.
A bipartisan group of senators reached a final agreement on a roughly $1 trillion infrastructure package Wednesday, although it remains to be seen if there are enough votes to overcome a Republican filibuster.
Congressional Democrats sounded the alarm Tuesday over key parts of the $1.9 trillion relief package they just voted for, saying they’re concerned the Biden administration isn’t doing enough to get checks out the door quickly to families and small businesses.
Direct checks of $1,400 for individuals earning up to $75,000 per year and couples earning up to $150,000 per year. The payments fully phase out for individuals making more than $80,000 per year and couples making more than $160,000 per year.
Over the weekend, the U.S. House posted a first draft version of the “American Rescue Plan Act of 2021” – a $1.9 trillion emergency aid package to help America recover from the coronavirus pandemic.
