Consumer prices in the United States rose 8.5 percent in March compared to a year prior, the biggest increase since late 1981, the Labor Department reported Tuesday. The report was the first to encompass the surge in gas prices driven by Russia’s invasion of Ukraine, which drove up energy prices …
Read More »White House Makes $1.7 Trillion Infrastructure Counteroffer To GOP
White House Secretary Jen Psaki announced on Friday that a counteroffer for President Biden’s infrastructure and jobs package was presented to Republican lawmakers by White House officials. The revised proposal reduces the cost from $2.25 trillion to $1.7 trillion. “In our view, this is the act– the art, I should …
Read More »GOP Senators Propose Counteroffer to Biden’s Covid Relief Package
Ten Republican Senators led by Susan Collins are preparing to present their own $600 billion covid relief plan to the White House as a counteroffer to President Joe Biden‘s $1.9 trillion plan. In a letter released by Collins’s office, the senators, including Mitt Romney and Bill Cassidy, urged President Biden to meet …
Read More »