Politics

Biden open to compromise on infrastructure, but not inaction – The Denver Post

President Joe Biden drew a red line on his $2.3 trillion infrastructure plan Wednesday, saying he is open to compromise on how to pay for the package but inaction is unacceptable. The president turned fiery in an afternoon speech, saying that the United States is failing to build, invest and research for the future and […]

Business

Biden says no evidence higher corporate taxes will drive companies abroad

WASHINGTON (Reuters) -President Joe Biden on Monday defended his proposal to raise corporate taxes to help pay for his infrastructure spending plans, saying he was not worried the hike would harm the economy and that there was no evidence it would drive business abroad.FILE PHOTO: U.S. President Joe Biden holds smiles as he holds a […]

Business

Biden hails strong jobs report, but warns economy could slow if COVID surges again

WASHINGTON (Reuters) -U.S. President Joe Biden on Friday welcomed data that showed the U.S. economy created the most jobs in seven months in March but warned Americans that the progress on the economy could be reversed if the coronavirus surges through the country again.Slideshow ( 2 images )“We still have a long way to go,” […]

World News

Biden declares the era of Trump-style ‘America First’ diplomacy over.

For anyone looking for evidence that boasts about “America First” — and the need for America to go-it-alone — are over, President Biden’s speech to the Munich Security Conference was meant as an opening argument. “America is back, the trans-Atlantic alliance is back,” Mr. Biden declared. Trying to expunge the last four years without ever […]

Politics

Biden, Democrats hit gas on push for $15 minimum wage

WASHINGTON — The Democratic push to raise the federal minimum wage to $15 an hour has emerged as an early flashpoint in the fight for a $1.9 trillion COVID-19 relief package, testing President Joe Biden’s ability to bridge Washington’s partisan divides as he pursues his first major legislative victory. Biden called for a $15 hourly […]

Business

Yellen nomination sails through Senate panel; final vote set for Monday

WASHINGTON (Reuters) – The U.S. Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies. The full Senate will vote on Yellen’s nomination on Monday, Senate Majority […]

Business

Senate committee unanimously approves Yellen nomination for U.S. Treasury secretary

FILE PHOTO: Former Federal Reserve Chairman Janet Yellen speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka BerrYWASHINGTON (Reuters) – The U.S. Senate Finance Committee voted unanimously to approve Janet Yellen as the first woman Treasury secretary on Friday, […]

Politics

A boy who bonded with Biden over stuttering will write a children’s book.

They bonded nearly a year ago after Joseph R. Biden Jr. bent down to greet Brayden Harrington, a 13-year-old boy who stutters, at a campaign stop in New Hampshire. “Don’t let it define you,” Mr. Biden said, squeezing Brayden’s shoulder and looking him in the eye. “You are smart as hell.” Months later, Brayden spoke […]

World News

US Inauguration: Joe Biden takes Oath of Office to become 46th President

Joe Biden has been sworn in as the 46th President of the United States and has declared “a new day for America”. “Democracy has prevailed” he told the crowd after taking the Oath of Office. He identified key challenges for the new administration as “a once in a century virus which now stalks the country” […]

Politics

Biden promises a ‘bold’ federal vaccination campaign.

President-elect Joseph R. Biden Jr., racing against a surge in coronavirus cases and the emergence of a new variant that could worsen the crisis, is planning a vaccination offensive that calls for greatly expanding access to the vaccine while using a wartime law to increase production. “We remain in a very dark winter,” Mr. Biden […]