Stories tagged: "economy"


President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Tuesday, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., applaud. (Jacquelyn Martin, Pool)
‘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. 

Speaker of the House Kevin McCarthy, R-Calif., speaks during a news conference in Statuary Hall at the Capitol in Washington, Thursday, Jan. 12, 2023. McCarthy rounded his first full week as House speaker in the most outwardly orderly way. There was hardly a hint of the chaotic, rebellious fight it took for the Republicans to arrive here, having barely installed him as the leader with the gavel. (AP Photo/Jose Luis Magana)
MAGA Republicans Plan to Hold the Economy Hostage to Cut Social Security and Medicare

The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.

AP Photo/Carolyn Kaster, File
10 Ways the Federal Government Delivered for American Workers and Families This Year

Under Democratic control, the federal government acted to lower healthcare and prescription drug costs; fight climate change and lower energy costs; invest in gun safety and mental healthcare; and implement a generational investment in American industry, manufacturing, and infrastructure.

FILE - Freight train cars sit in a Norfolk Southern rail yard on Sept. 14, 2022, in Atlanta. The Biden administration is saying the U.S. economy would face a severe economic shock if senators don't pass legislation this week to avert a rail worker strike. The administration is delivering that message personally to Democratic senators in a closed-door session Thursday, Dec. 1.  (AP Photo/Danny Karnik, File)
Biden Signs Bill to Block Rail Strike to Protect Economy; Senate Voted Down Effort to Give Rail Workers Paid Sick Days

Democratic lawmakers tried to pass a second bill that would have added paid sick days to the agreement, but were unable to reach the 60-vote threshold needed in the Senate, due to most Republican senators opposing the measure.

AP Photo/Andrew Harnik
The Republican Party’s Economic Agenda Includes Tax Cuts for Corporations and Cuts to Social Security and Medicare

Republicans have said they want to extend the Trump tax cuts, which mostly benefited billionaires and corporations; cut spending on Social Security and Medicare; and repeal the Inflation Reduction Act, which lowered the cost of prescription drugs and raised taxes on corporations.

Savings - Christmas - Economu
Consejitos to Save Money This Christmas

Savings influencer Edith Tapia shares tips on how to stretch your Christmas shopping budget.

Rep Diamond
Rep. Ben Diamond Believes in ‘Common-Sense Policies That Reward Hard Work’

As he runs for Congress in 2022, the Democratic representative from Pinellas County promises to "create an economy that gives every working Floridian a fair shot at the American Dream."