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15 Feb 24
A bill that would deliver military assistance and aid to Ukraine and Israel has moved one step closer following Senate approval.
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31 Oct 23
Tech firms face new safety regulations and anti-fraud measures, and bias prevention laws target the US public sector
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15 Aug 23
Plans to reform public procurement will help to boost US supply chains and contribute to the nation’s net zero goal, the federal government has said.
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30 May 23
The US will limit spending but suspend its debt ceiling and avoid a “catastrophic” default, if a deal made between president Joe Biden and speaker Kevin McCarthy is voted through.
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27 Apr 23
A bill passed by the House of Representatives to lift the debt limit and cut future spending has “no chance” of becoming law, the US president’s spokesperson has said.
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21 Apr 23
US president Joe Biden has allocated $1.5bn to help speed up access to climate finance and prevent deforestation, and has urged international partners to step up their ambitions to meet climate goals...
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15 Feb 23
US president Joe Biden has appointed the vice-chair of the Federal Reserve as his new director of the National Economic Council.
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6 Jan 23
US president Joe Biden has hit back at claims the world’s largest economy is set for a recession this year, saying it was instead headed towards a “new plateau” of steady (albeit lower) growth.
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1 Nov 22
Oil companies making vast profits because of high prices pushed up by the war in Ukraine could have to pay more tax if they do not lower their prices, US president Joe Biden has said.
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25 Aug 22
US president Joe Biden will cancel up to $10,000 of many graduates’ federal student loans to help lighten an “unsustainable” burden on millions of working people.
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5 May 22
US president Joe Biden has boasted he will make an unprecedented reduction to the government deficit and pay down the national debt for the first time since 2016, taking aim at his predecessor Donald...
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29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
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10 Mar 22
US president Joe Biden has given the green light for the nation to assess the benefits and risk of adopting a central bank digital currency.
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16 Nov 21
US president Joe Biden has signed the $1.2trn Infrastructure Investment and Jobs Act into law, as the nation attempts to 'build back better' from Covid-19.
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13 Sep 21
US Democrats are looking to raise the country’s corporation tax rate to 26.5% to fund president Joe Biden’s spending plans.
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5 Aug 21
A United Nations conference this week saw $370m donated to Lebanon, a year after an explosion tore through its capital city – but attendees warned the struggling country it must implement...
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2 Aug 21
Senate negotiators have unveiled a $1trn plan to invest in infrastructure in the US, after weeks of talks between the two main political parties.
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29 Jul 21
US president Joe Biden has said he will strengthen the rules governing the federal government’s $600bn of procurement spending each year in a bid to boost domestic manufacturing.
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5 Jul 21
Joe Biden’s social and infrastructure spending has been tipped to still have a noticeable impact on GDP in a decade’s time because he is targeting long-term benefits to the economy.
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25 Jun 21
A bipartisan group of US politicians have reached an agreement on an infrastructure bill initially valued at $953bn, including the creation of a new Infrastructure Financing Authority.
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4 Jun 21
A global agreement on taxing large digital companies is “within reach”, according to European finance ministers commenting ahead of a G7 meeting.
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3 Jun 21
The Joe Biden administration has decided to introduce tariffs on imports from six countries in an ongoing row over whether unilateral taxes on giant digital companies are fair.
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1 Jun 21
US president Joe Biden’s first annual budget, including $6trn of spending, has drawn support from fellow Democrats – but other voices have sounded warnings about the national debt.
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21 May 21
Joe Biden’s administration has climbed down from its proposed 21% minimum tax rate for multinational companies, suggesting it could accept a compromise as low as 15%.
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23 Apr 21
Joe Biden’s pledge to spend $5.7bn each year helping developing countries deal with climate change has been criticised for lagging behind promises from other nations.