US Department of Labor Chief Economist Joelle Gamble explains what “Bidenomics” means and how the president’s investments are helping workers and the economy.
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Big Pharma Company Merck Sues Biden Administration To Keep Prices High
Merck—which made $59.3 billion in revenue and $14.5 billion in profits in 2022—argued Tuesday that the Biden administration’s effort to lower exorbitant drug prices for seniors would somehow restrict its ability to invest in new cures and treatments.
Biden Announces 2024 Presidential Reelection Run
The 2024 election election that could be a repeat of 2020, as former President Donald Trump has already been campaigning for several months.
Biden’s Budget Would Tax Billionaires, Corporations to Strengthen Medicare, Expand Child Care, and Help Families
Republicans immediately rejected Biden’s plan, but have yet to release their own budget. They have made it clear, however, that they want to apply deep spending cuts to everything from health insurance to food assistance benefits.
Biden Proposes Taxes on the Rich to Strengthen Medicare Funding
Biden’s plan would increase the Medicare tax rate on Americans earning above $400,000 from 3.8% to 5% to help keep Medicare solvent into the 2050s. No one earning under $400,000 a year would pay a dime more in taxes, under Biden’s plan.
The Supreme Court Is Hearing Arguments About Biden’s Student Loan Cancellation Plan on Tuesday. Here’s What You Need to Know
About 90% of the benefits from Biden’s plan will go to families earning less than $75,000 according to the White House, but a group of Republican-led states have sued to block it.
‘A Blue-Collar Blueprint to Rebuild America: 7 Takeaways From Biden’s State of the Union‘
Biden’s blueprint includes several recently passed laws which are expected to create millions of good-paying jobs in construction, manufacturing, and other sectors.
Renters Are Struggling. The Biden Administration Introduced New Protections for Them This Week.
The Biden administration introduced several new efforts to protect renters, make renting more affordable, and to increase fairness in the rental market.
Biden’s New Student Loan Repayment Plan Would Help Millions of Working and Middle-Class Americans
Under the new plan, borrowers who earn less than roughly $30,600 a year would owe $0 a month on their federal student loans, effectively pausing them. A borrower who’s in a family of four and makes less than roughly $62,400 would also see their payments paused.
10 Accomplishments of the First Two Years of the Biden-Harris Administration
Over the past two years, the Biden-Harris administration and the Democratic-run House and Senate acted to lower healthcare and drug costs; fight climate change and reduce energy costs; invest in mental health care; and invest in American manufacturing and infrastructure.