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Cash for Inflation-Hit Americans Backed by Economic Odd Couple

(Bloomberg) It’s the economic equivalent of the 1970s sitcom, “The Odd Couple.” Two prominent U.S. economists from opposite ends of the political spectrum say the federal government should provide cash to consumers squeezed by soaring inflation and surging energy costs.

United statesWhite houseDistrict of columbiaGeorgew bushJoe bidenBill clintonLawrence lindseyJoe manchinAlec phillipsJoseph stiglitzAndy laperriereCouncil of economic advisers under democraticGoldman sachs group incPiper sandler coColumbia universityOdd couple

Piper Sandler Completes Acquisition of Best-in-Class Macro Research Firm Cornerstone Macro

Press release content from Business Wire. The AP news staff was not involved in its creation.

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Groundhog Day for Build Back Better

Can Democrats pull something off? Policy analysts give it about a 50-50 chance.

United statesWhite houseDistrict of columbiaSan franciscoJames ballentineAlvaro bedoyaAmara omeokweMark zuckerbergJoe bidenChristopher rugaberJonnelle marteAlec phillipsAndy laperriereJed kolkoJack dorseyJames bullard

Democrats closing in on spending agreement

It's a busy week in Washington, with a possible deal in the coming days on the president's social spending legislation and new GDP and inflation data.

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Wall Street Awaits Biden Infrastructure Plan, But It May Not Be Ready for the New Taxes

Wall Street Awaits Biden Infrastructure Plan, But It May Not Be Ready for the New Taxes
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