North American Morning Briefing: Stock Futures -2- morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Publishing date: Apr 22, 2021 • 1 hour ago • 4 minute read •
Article content
(Bloomberg) Senior Senate Republicans offered a $568 billion counter to President Joe Biden’s $2.25 trillion jobs package Thursday, one that’s focused on more traditional infrastructure like roads and bridges and doesn’t have the corporate tax hikes that Democrats are seeking.
The five-year plan more than doubles the Biden proposal for roads and bridges to $299 billion and spends the rest on items including transit, rail, airports, water projects and broadband. It offers few specifics on how to pay for the spending beyond references to taxing electric cars and repurposing unspent funds. It specifically opposes rolling back any of the 2017 GOP tax cuts or adding to the national debt.
Border crisis stymies Congress as GOP bashes Biden and Democrats spar internally over immigration strategy keyt.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from keyt.com Daily Mail and Mail on Sunday newspapers.
Indian-American Neera Tanden Withdrawn As Biden s Budget Pick Amid Row Indian-American Neera Tanden Withdrawn As Biden s Budget Pick Amid Row Neera Tanden, who would have been the first woman of color to lead the powerful budget agency, drew opposition because of past social media posts attacking Republican lawmakers.
Neera Tanden has deleted more than 1,000 tweets and apologized for her past remarks. (FILE)
Washington:
The White House withdrew Neera Tanden s nomination to be director of the White House Office of Management and Budget on Tuesday evening after she faced bipartisan opposition for the job - dealing President Joe Biden his first Cabinet defeat in the evenly split Senate.