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On The Money: Pent-up consumer demand fuels post-pandemic spending spree | Biden, Harris release 2020 tax returns

On The Money: Pent-up consumer demand fuels post-pandemic spending spree | Biden, Harris release 2020 tax returns Sylvan Lane © Getty Images A liquor store Happy Tuesday and welcome back to On The Money, where we want to hang out with the White House ghosts. I m Sylvan Lane, and here s your nightly guide to everything affecting your bills, bank account and bottom line. See something I missed? Let me know at slane@thehill.com or tweet me @SylvanLane. And if you like your newsletter, you can subscribe to it here: http://bit.ly/1NxxW2N. Write us with tips, suggestions and news: slane@thehill.com

On The Money: IRS to start monthly payments of child tax credit July 15 | One-fourth of Americans took financial hits in 2020: Fed

On The Money: IRS to start monthly payments of child tax credit July 15 | One-fourth of Americans took financial hits in 2020: Fed
thehill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehill.com Daily Mail and Mail on Sunday newspapers.

The Hill s Morning Report - Presented by Facebook - Israel-Hamas carnage worsens; Dems face SALT dilemma

  In a televised address, Netanyahu said the attacks were continuing at “full force” and would “take time.“ Israel “wants to levy a heavy price” on the Hamas militant group, he said, flanked by his defense minister and political rival, Benny Gantz, in a show of unity. The Israeli air assault early Sunday was the deadliest single attack since heavy fighting broke out between Israel and Hamas nearly a week ago, marking the worst fighting since the devastating 2014 war in Gaza (The Associated Press).   Netanyahu defended Israel’s decision to destroy a 12-story building in Gaza occupied for 15 years by The Associated Press bureau as well as Al Jazeera and other news media, claiming the United States shared intelligence showing that Hamas operated in the same building. When asked to verify any such intelligence sharing, the Biden administration told The Intercept, “No comment.”

On The Money: Inflation jumps at fastest pace since 2008 | Biden encouraged on bipartisan infrastructure deal

“I’m encouraged that there s room to have a compromise on a bipartisan bill that’s solid and significant and a means by which to pay for it without dropping all of the burden on middle class and working class people, Biden added. The Hill’s Brett Samuels has more here. The prospects: The issue of how to pay for the eventual package remains one of the biggest roadblocks to getting an infrastructure deal done. Still, Biden has remained optimistic even as the White House says it wants to see progress by Memorial Day. I want to make it clear, Biden told MSNBC. I want to get a bipartisan deal on as much as we can get a bipartisan deal on. And that means roads, bridges, broadband, all infrastructure.

On The Money: Job openings jump to record high of 8 1 million | Wyden opposes gas tax hike | Airlines feel fuel crunch

ADVERTISEMENT THE BIG DEAL Job openings jump to record high of 8.1 million: The number of open jobs in the U.S. reached a record high of 8.1 million in March, the Labor Department reported Tuesday. Job openings rose by 597,000 in March, an increase of 5.3 percent, to the highest level since the Labor Department began tracking the data in December 2000.  The largest gains came in leisure and hospitality (185,000), public education (155,000) and arts, entertainment and recreation (81,000). The number of hires stayed even at roughly 6 million in March, a month when the U.S. added 770,000 jobs, according to revised totals from the April employment report. Layoffs also declined to a record low of 1.5 million in March.

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