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Warnings of economic catastrophe come as Congress prepares to debate debt ceiling

Warnings of economic catastrophe come as Congress prepares to debate debt ceiling

© Reuters. FILE PHOTO: A general view of the White House in Washington, U.S. July 15, 2021. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) -President Joe Biden’s top aides and local officials nationwide pleaded with U.S. lawmakers on Friday to resolve a government debt showdown that they warned could spark an economic crisis. Congress plans next week…

Biden met moderate U.S. Senate Democrats to discuss $3.5 trln spending bill

Biden met moderate U.S. Senate Democrats to discuss $3.5 trln spending bill

2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden gives remarks at Mather Airport, California, U.S., September 13, 2021. REUTERS/Leah Millis/File Photo 2/2 WASHINGTON (Reuters) -President Joe Biden was meeting separately with moderate Democratic U.S. Senators Joe Manchin and Kyrsten Sinema on Wednesday to discuss Democratic-backed domestic spending legislation, the White House said. Democrats hold…

Pope: No place for politics in Biden Communion flap

Pope: No place for politics in Biden Communion flap

ABOARD THE PAPAL PLANE (AP) — Pope Francis said Wednesday that Catholic bishops must minister with “compassion and tenderness,” not condemnation, to politicians who support abortion rights and warned that clerics shouldn’t let politics enter into questions about receiving Communion.Francis was asked en route home from Slovakia about the debate in the U.S. church about…

Democrats’ tax plan would cut bills for most Americans -congressional estimate

Democrats’ tax plan would cut bills for most Americans -congressional estimate

© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 20, 2021. REUTERS/Elizabeth Frantz By Richard Cowan and David Lawder WASHINGTON (Reuters) – U.S. tax code changes sought by Democrats in the House of Representatives to help fund $3.5 trillion in domestic investments would cut annual tax bills for Americans earning…

If you work at a large or midsize company, Biden’s action plan requires your boss pays you for your time spent getting vaccinated and recovering from possible side effects

If you work at a large or midsize company, Biden’s action plan requires your boss pays you for your time spent getting vaccinated and recovering from possible side effects

In a move that will impact more than 80 million workers, a new COVID-19 plan from the Biden administration would require employers with more than 100 employees to mandate vaccines or weekly testing, or else be subject to $14,000 fines.In addition, the plan will require those same employers to offer paid time off for workers…

Biden’s firing of Trump military academy holdovers creates new precedent, experts say

Biden’s firing of Trump military academy holdovers creates new precedent, experts say

Critics say President Biden’s moves to clean house at America’s military service academies creates a precedent that politicizes a traditionally nonpartisan — if patronage-heavy — system.Driving the news: The White House’s personnel office today sent letters to all six members of each of the three service academy visitors boards — overseeing West Point, Annapolis and…

Yellen renews pressure on Congress to address U.S. debt limit

Yellen renews pressure on Congress to address U.S. debt limit

2/2 © Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill, in Washington, DC, U.S., June 23, 2021. Shawn Thew/Pool via REUTERS/File 2/2 WASHINGTON (Reuters) – Democrats will not include a provision to raise the federal government’s borrowing…

Democrats are freaking out over Joe Manchin’s budget bill rebuff. The White House isn’t worried.

Democrats are freaking out over Joe Manchin’s budget bill rebuff. The White House isn’t worried.

Sen. Joe Manchin (W.Va.) last week sent his fellow Democrats into a panic when he penned a Wall Street Journal op-ed saying he would not support his party’s $3.5 trillion spending bill “without greater clarity about why Congress chooses to ignore the serious effects inflation and debt have on existing government programs.” The package spells…