The disparity between the reception to President Obama’s 2009 stimulus plan and President Biden’s is the result of several seismic shifts in American politics
Debate on the Senate floor stretched into the early morning hours of Saturday.
Young’s supporters from both parties are pushing the White House to elevate her to OMB’s top job after Neera Tanden withdrew her nomination this week.
The Senate will debate and vote on amendments to the proposed $1.9 trillion stimulus starting Friday, a process that is expected to bring fiery exchanges but ultimate passage of President Biden's top legislative priority.
The Senate prepared Thursday for an arduous grind to the finish line on President Biden’s $1.9 trillion coronavirus relief bill, as Democratic leaders and the Biden administration negotiated last-minute changes to ensure support from moderate Democrats and potentially attract at least one GOP vote.
Critics have questioned numerous facets of the stimulus plan Democrats are rushing to pass.
The White House’s decision to withdraw Neera Tanden as the nominee to lead the Office of Management and Budget set off a new political scramble in Washington on Wednesday, as Democrats sought to influence President Biden as he selects a new candidate to oversee broad swaths of his economic agenda.
Raimondo, a former venture capitalist who was re-elected to her second term as Rhode Island’s chief executive in 2018, will assume command of a federal agency with sweeping responsibilities and an increasingly important portfolio.
Senate Majority Leader Charles E. Schumer (D-N.Y.) said the Senate will move forward as soon as Wednesday on President Biden’s $1.9 trillion coronavirus relief bill and pledged, “We’ll have the votes we need to pass the bill."
They are retreating on efforts to include a $15 minimum wage in President Biden’s $1.9 trillion relief bill as they aim to move the package forward this week in the Senate.
Lawmakers are backing off Plan B to raise pay for workers through tax penalties on corporations.
Meanwhile, prominent economists, Republican lawmakers and some market analysts raise alarm bells about the risks of overstimulating the economy and triggering unwanted inflation.
Plans being discussed, while not finalized, may target firms with more than $2.5 billion in gross receipts annually.
Democrats pressed ahead over united GOP opposition on the massive relief package aimed at stabilizing the economy and boosting vaccinations and testing.
The House on Saturday passed the American Rescue Plan, marking a crucial step towards the White House’s first major piece of legislation.
Sens. Ron Wyden (D-Ore.) and Bernie Sanders (I-Vt.) are forging ahead with a backup plan after the Senate parliamentarian ruled out the minimum wage.
The guidance from the parliamentarian, Elizabeth MacDonough, was communicated privately to key Senate offices and confirmed by aides in both parties. It could be a major setback for liberals hoping to use Biden’s $1.9 trillion relief bill as the vehicle for their long-sought goal of raising the federal minimum wage from its current level of $7.25 an hour.
White House Chief of Staff Ron Klain has been second-guessed by some Biden allies.
