Tag: public finance

Joe Biden and Kevin McCarthy put their brand new relationship to

Post author By Google News
Post date February 1, 2023
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CNN — President Joe Biden and House Speaker Kevin McCarthy aren’t friends. Biden’s advisers describe the relationship in bland but respectful terms like “cordial” and “professional.” The president on Tuesday called McCarthy a “decent man” and the speaker said after a November meeting between Biden and congressional leaders he “can work with anybody.” For two […]

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These three big unknowns will drive markets in 2023 | CNN

Post author By Newslanes Media
Post date January 6, 2023
No Comments on These three big unknowns will drive markets in 2023 | CNN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN — We’re in the salad days of the New Year — that period where many […]

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Chaos in Congress sends an ominous signal to Wall Street | CNN

Post author By Newslanes Media
Post date January 5, 2023
No Comments on Chaos in Congress sends an ominous signal to Wall Street | CNN

New York CNN — Many on Wall Street cheered last fall when the midterm elections ushered in a return of divided government in Washington. The old mantra is that gridlock is good because it means neither political party can mess things up. But the historic dysfunction playing out in Congress this week is a reminder […]

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Five political trends that could make 2023 a momentous year | CNN

Post author By Newslanes Media
Post date January 2, 2023
No Comments on Five political trends that could make 2023 a momentous year | CNN

CNN — Republicans’ take over of the House this week will usher in a two-year political era that threatens to bring governing showdowns and shutdowns as a GOP speaker and Democratic president try to wield power from opposite ends of Pennsylvania Avenue. The unprecedented possibility that former President Donald Trump, who’s already launched another bid […]

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Fed watch 2023: When will rate hikes slow down | CNN Business

Post author By Newslanes Media
Post date December 30, 2022
No Comments on Fed watch 2023: When will rate hikes slow down | CNN Business

Minneapolis CNN — America’s central bank found itself in a glaring spotlight for much of this past year, as Federal Reserve Chairman Jerome Powell wielded blunt tools of interest rate hikes and quantitative tightening to curb surging inflation. As 2022 draws to a close, inflation metrics show some of that may have worked: Consumer prices […]

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Biden signs $1.7 trillion government spending bill into law | CNN

Post author By Newslanes Media
Post date December 29, 2022
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CNN — President Joe Biden on Thursday signed a $1.7 trillion federal spending bill that includes a number of administration priorities and officially avoids a government shutdown, ending what he called a “year of historic progress.” “It’ll invest in medical research, safety, veteran health care, disaster recovery, (Violence Against Women Act) funding – and gets […]

Tax credit confusion could create a rush for electric vehicles in

Post author By Newslanes Media
Post date December 28, 2022
No Comments on Tax credit confusion could create a rush for electric vehicles in

CNN — As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models, could be eligible for $7,500 worth of tax credits they weren’t eligible for in 2022. But that eligibility may last only last a few months. That’s because limitations on new tax credits enacted in August […]

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This is how your government works now | CNN Politics

Post author By Newslanes Media
Post date December 23, 2022
No Comments on This is how your government works now | CNN Politics

CNN — The annual dash to fund the government is starting to sound like a bad Christmas carol: 12 spending bills, $1.7 trillion, 4,000-plus pages, a single massive end-of-year vote and a lifeline for the lobster industry. This is the bizarre way your government works. Rather than pass spending bills in regular order or throughout […]

House expected to vote on $1.7 trillion government spending bill

Post author By Newslanes Media
Post date December 23, 2022
No Comments on House expected to vote on $1.7 trillion government spending bill

CNN — The House is expected to vote on a massive $1.7 trillion spending bill Friday as lawmakers look to avoid a government shutdown before rushing home for the holiday break. The Senate passed the measure Thursday, just ahead of Friday night’s funding deadline, along with a bill to extend the deadline by one week, […]

White House cautiously optimistic over economy in 2023:

Post author By Newslanes Media
Post date December 23, 2022
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CNN — As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy’s ability to weather the storm in 2023. “We’re feeling cautiously optimistic because we are starting to see some real concrete measurable signs of progress,” Aviva Aron-Dine, deputy director of the White House National […]

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