The move would allow Democrats to advance some of their most ambitious and controversial spending and tax plans through the Senate using 51 votes, rather than the usual 60.
She has broken barriers at the Federal Reserve and Treasury Department, and now she confronts an economy with little precedent.
The latest projections come as the central bank wrestles with when to pull back on its support for the financial markets
Biden administration officials believe they will have a better sense of whether a bipartisan deal is possible in next seven to 10 days.
The hold up is frustrating people who would like to see the administration move more quickly to nominate a Black economist to the Fed board.
Some Democrats already have expressed discomfort with the early details of the nearly $1 trillion, five-year package, arguing it should be bigger and more robust in scope. Republicans, meanwhile, signaled there may not be widespread support within their own party, either
As Biden and other world leaders meet at G-7, there is growing concern about how U.S. policy could impact global trends.
They plan to present the deal to the White House in hopes of reviving bipartisan negotiations.
The president and former vice president had a private phone call amid concerns the White House might strip climate measures from infrastructure deal.
Acknowledging the political stakes for their own party, Democrats on Tuesday said they do not plan to abandon either of the fights over workers’ wages and are actively exploring other legislative avenues in the months to come.
Biden's housing department is restoring the requirement that communities take steps to reduce racial segregation or risk losing federal funds. But missing from the requirement is the 2015 mandate that communities undergo an extensive analysis of local barriers to integration and submit plans to dismantle them to the Department of Housing and Urban Development.
The Senate voted Tuesday to adopt a roughly $250 billion bill to counter China’s growing economic and military prowess, hoping that major investments in science — and fresh punishments targeting Beijing — might give the U.S. a lasting edge.
The negotiations had stalled amid major disagreements over the size of any package and how to pay for it.
Cruise ship companies announce varying vaccine rules as they face stiff political pressure in the South.
The deal was announced Saturday morning.
With billions of dollars still separating the two sides, the exchange capped off a week of tense negotiations that increasingly has left Democratic and GOP lawmakers unsure if they’re going to be able to broker a bipartisan deal to improve the nation’s roads, bridges, pipes, ports and internet connections.
Biden says it “makes sense” for enhanced benefits to end in September after many GOP governors have taken steps to halt the aid more quickly.
President Biden called the job gains in the report “historic progress," but Republicans say his proposals are slowing the recovery.
President Biden signaled at a private meeting on Wednesday that he would further narrow his infrastructure package to win Republican support, outlining a plan for about $1 trillion in new spending financed through tax reforms that would leave the top corporate rate intact.
President Biden’s call for a global minimum tax on corporate profits is expected to be supported by finance ministers from Group of Seven nations, when they meet in London on Friday.
