Biden opens door to lowering corporate tax hike in $2.25T spending proposal
President Biden on Wednesday said he is willing to lower the proposed corporate tax increase included in his nearly $2.3 trillion spending proposal amid pushback from Republicans and some moderate Democrats.
Biden's $2.25T spending plan would raise taxes by $2.1T, slash GDP by 0.8% in 2050, study shows
A new analysis published Wednesday shows that Biden's $2.25T infrastructure plan could slash growth in the long term due to a slew of tax hikes.
New York poised to hike taxes on millionaires, Wall Street
New York is set to raise taxes on its wealthiest residents after Gov. Andrew Cuomo and legislative leaders reached a tentative agreement that would make the state's millionaires pay the highest income rate in the nation.
Tax hikes in NY budget will cause exodus: Don Peebles
Peebles Corporation founder, CEO and Chairman Don Peebles on the impact of New York’s latest budget plan.
Biden falsely says $2.25T spending plan will create 19M jobs
President Biden and his top lieutenants have inaccurately depicted how many jobs the eight-year spending initiative will create.
Freedom working in Florida, NY lawmaker says
Rep. Claudia Tenney, R-N.Y., slammed the state budget process arguing that New York is the "least free" state in the nation.
Biden adviser argues for 'update' to meaning of 'infrastructure' while pitching broad $2T spending plan
National Economic Council Director Brian Deese said on Sunday that there needs to be an "update" to the meaning of infrastructure in the modern world as he pitched President Biden's $2 trillion spending plan on "Fox News Sunday."
Biden administration sued by 13 states over tax provision in coronavirus relief plan
Attorneys general from 13 states sued the Biden administration this week over a key element of the recently enacted $1.9 trillion coronavirus relief law that prevents states from using government aid to lower taxes.
AOC’s ‘frightening' economic ideas taking over Democrat Party: Steve Moore
Steve Moore argues Alexandria Ocasio-Cortez’s ideas about spending are becoming mainstream within the Democrat Party.
Manufacturing strongest since 1983
U.S. manufacturers are the strongest they've been in 37 years, here's why...
Biden's $2T spending bill praised by Obama economic adviser, but inflation concerns remains
Former Obama economic adviser Larry Summers offered measured praise for President Biden's $2 trillion infrastructure spending bill.
Biden spending plan ushering in 'era of big government': Ex-Clinton adviser
Former senior adviser to the Clintons Mark Penn weighs in on President Biden's massive spending plan.
Biden’s spending plan will weaken the dollar ‘substantially’: The Bear Traps Report founder
The Bear Traps Report founder Larry McDonald argued that President Biden’s massive spending plan will weaken the dollar “substantially.”
Biden’s spending plan will drive investments overseas: Mark Mobius
Mobius Capital Partners founder Mark Mobius argues Biden spending will send a "lot of money" overseas.
What's in Biden's $2.25T infrastructure and tax proposal?
President Biden released a sprawling proposal to rebuild the nation's crumbling infrastructure and pump money into manufacturing, transportation, renewable energy and combating climate change.
AOC slams Biden's $2.2T infrastructure package: 'Not nearly enough'
Rep. Alexandria Ocasio-Cortez on Tuesday said that President Biden's $2.2 trillion infrastructure plan does not spend nearly enough money.
Progressives pressure Biden to pass $10T green infrastructure, climate justice bill
Progressive Democrats are leaning on President Biden to dramatically increase the size of his next big-ticket economic spending bill, unveiling on Monday a new bill that would invest $10 trillion in renewable energy, green infrastructure and climate justice initiatives over the next decade.
Kudlow: Biden's $3T tax hike will 'absolutely decimate the economy'
FOX Business' Larry Kudlow discusses the Biden administration's plans to increase taxes on the wealthy, and its potential impact on the economy.
Biden's tax hike ideas will hurt every American, expert warns
Macro Trends Advisors founding partner Mitch Roschelle provides insight into proposed tax increases under the Biden administration.
Biden admin creating ‘flash in the pan’ economy: Ex-Carlyle Group CEO Glenn Youngkin
Virginia gubernatorial candidate and former Carlyle Group CEO Glenn Youngkin on his concerns over the Biden administration's spending policies.