Biden says corporate tax rate should be between 25% and 28%

cing the [2017 corporate] tax cut to between 25 and 28,” Biden said at an event in Louisiana. “That’s a couple hundred billion dollars, and we can pay for these things.” The remarks were the first time Biden had explicitly acknowledged that his initial proposal of raising the corporate tax rate to 28%, up from… Continue reading Biden says corporate tax rate should be between 25% and 28%

With Biden in the White House, EU officials are pushing hard for a new data-sharing pact with the U.S.

“intensifying negotiations” on a new pact for transatlantic data transfers, trying to solve the messy issue of personal information that is transferred between the two regions. The agreement, whenever it is reached, will replace the so-called Privacy Shield. The mechanism for legally transferring personal data between the U.S. and EU was struck down by the… Continue reading With Biden in the White House, EU officials are pushing hard for a new data-sharing pact with the U.S.

Op-ed: Biden is securing America’s place in the world and challenging China with his bold domestic agenda

most graphically by the numbers: the $4 trillion and counting that he hopes to generate to finance an American pandemic rebound, a surge in U.S. jobs and growth, and a mountain of national infrastructure investments (defining “infrastructure” liberally). Never in my memory has any U.S. president so closely associated domestic investments with U.S. global standing—and… Continue reading Op-ed: Biden is securing America’s place in the world and challenging China with his bold domestic agenda

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North Korea Tests Short-Range Missile But White House Keeps Door Open To Talks

A file footage of North Korean flag is seen at a TV screen during a news program reporting about the North Korea at the Seoul Railway Station in Seoul, South Korea, Saturday, Oct. 10, 2020. North Korea is celebrating the 75th anniversary of its ruling party with outside observers expecting leader Kim Jong Un to take center stage in a massive military parade in capital Pyongyang. It wasn’t immediately clear whether any events were proceeding or had already taken place. (AP Photo/Lee Jin-man)

North Korea tested short-range missile systems over the weekend, but the Biden administration is keeping its door open to talks, a diplomatic effort that officials said won’t be easy. The Biden team has been studying how best to approach Pyongyang after former President Donald Trump’s unusual diplomatic push, which included three historic in-person talks between… Continue reading North Korea Tests Short-Range Missile But White House Keeps Door Open To Talks

It takes one to know one – Putin reacts to Biden calling him a killer

Russia’s President, Vladmir Putin has reacted to US President Joe Biden calling him a killer and saying that he would “pay a price” for 2020 US election interference. When asked about Biden’s comments during a video call on Thursday March 18, that was aired on Russian state TV, Putin said he wished his counterpart in… Continue reading It takes one to know one – Putin reacts to Biden calling him a killer

Biden Endorses Reforming The Senate Filibuster — Here’s What That Means

Seen on a television screen in the Senate Press Gallery, Sen. Ted Cruz, R-Texas, speaks during the seventh hour of his filibuster on the Senate floor at the U.S. Capitol in Washington, Tuesday, Sept. 24, 2013. Cruz says he will speak until he's no longer able to stand in opposition to President Barack Obama's health care law. Cruz began a lengthy speech urging his colleagues to oppose moving ahead on a bill he supports. The measure would prevent a government shutdown and defund Obamacare. in Washington. (AP Photo/Charles Dharapak)

Many Democrats hope President Biden’s endorsement of changing the Senate filibuster, to one in which a senator actually has to talk for potentially hours on end, could mean greasing the wheels for major progressive priorities. “You have to do it,” Biden, a former longtime senator, said during an ABC interview that aired Tuesday night. It… Continue reading Biden Endorses Reforming The Senate Filibuster — Here’s What That Means

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The COVID-19 Relief Bill Passed. What’s Biden’s Next Big Move?

US President Joe Biden, with Vice President Kamala Harris (R), speaks about the American Rescue Plan in the Rose Garden of the White House in Washington, DC, on March 12, 2021. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Now that Democrats have passed President Biden’s $1.9 trillion COVID relief bill, all eyes turn to what’s next. But what that is isn’t exactly clear. “I would expect the president’s agenda, moving forward, will reflect the Build Back Better agenda that he talked about on the campaign trail,” White House Press Secretary Jen Psaki said… Continue reading The COVID-19 Relief Bill Passed. What’s Biden’s Next Big Move?

Democrats Say Relief Programs Could Become This Generation’s New Deal

The U.S. Capitol dome is shown, Tuesday, Feb. 5, 2019, after President Donald Trump delivered the State of the Union address before the joint session of Congress. (AP Photo/Manuel Balce Ceneta)

One of the key aims of President Biden’s $1.9 trillion coronavirus relief bill is to send money to people who were already at risk of falling behind on bills or slipping into poverty. Democrats say the relief bill set to pass the House Friday includes several new programs intended to create a new social safety… Continue reading Democrats Say Relief Programs Could Become This Generation’s New Deal

Biden Welcomes Canada’s Trudeau (Virtually) To White House For 1st Meeting

WASHINGTON, DC - FEBRUARY 19: U.S. President Joe Biden returns to the White House after a trip to Michigan on February 19, 2021 in Washington, DC. The president traveled to Kalamazoo, Michigan to visit Pfizer's COVID-19 vaccine manufacturing facility. (Photo by Drew Angerer/Getty Images)

President Biden plans to welcome Prime Minister Justin Trudeau and a delegation of Canadian officials to the White House on Tuesday – a virtual session due to COVID-19 constraints that will try to recreate some of the ceremonial flourishes of an in-person visit to Washington. Biden and Trudeau plan to discuss the public health and… Continue reading Biden Welcomes Canada’s Trudeau (Virtually) To White House For 1st Meeting

US rejoins Paris climate accord as Biden continues to reverse Trump’s legacy

The United States has rejoined the Paris climate accord, just 107 days after it left as President Joe Biden continues to reverse Donald Trump’s legacy. The return became official on Friday February 19, almost a month after President Joe Biden told the United Nations that America wants back in. ‘A cry for survival comes from… Continue reading US rejoins Paris climate accord as Biden continues to reverse Trump’s legacy