Trump outlines preferred policies if GOP retakes Congress in CPAC speech
Former President Trump outlined steps for the GOP to take if they win back control of Congress in November during his speech Saturday at the Conservative Political Action Conference’s (CPAC) convention. Trump said the midterms need to be a “national referendum” on President Biden and Democratic control of Congress, and Republicans must ensure Democrats have a “crippling” defeat. His speech at the convention in Dallas, Texas concluded its third day. Trump pointed to candidates he backed in primaries on multiple occasions like Tudor Dixon, the Republican n
Read MoreSanders rips Inflation Reduction Act, says it will have 'minimal impact on inflation'
Sen. Bernie Sanders (I-Vt.) ripped the Inflation Reduction Act Saturday for doing little to fight inflation and not enough to help Americans struggling to afford health care, child care and housing. “According to the [Congressional Budget Office] and other economic organizations that have studied this bill, it will have a minimal impact on inflation,” Sanders declared on the Senate floor to open debate on the 755-page bill, which will raise taxes on corporations, fight climate change and reduce some prescription drug costs. The line of criticism e
Read MoreHarris breaks 50-50 deadlock to advance landmark climate, tax, health bill
The Senate voted along party lines Saturday afternoon to advance a sweeping bill to reform the tax code, tackle climate change and lower the cost of prescription drugs, taking a big step closer to giving President Biden a major victory before the November midterm elections. The Senate voted 51 to 50 to proceed to the 755-page bill, after Vice President Kamala Harris arrived at the Capitol to cast the tie-breaking vote. The vote puts the bill on a trajectory to pass the Senate sometime Sunday, barring an unexpected setbac
Read MoreWho’s the real loser in Pelosi’s Taiwan visit?
Defying China’s stark warnings and condemnation — and even the Pentagon’s opposition — House Speaker Nancy Pelosi (D-Calif.) boldly embarked on a two-day whirlwind visit to Taiwan where she vowed to protect the island country’s independence and democracy. Beijing has always considered Taiwan a ro
Read MoreRead full text: Senate climate, tax bill grows to 755 pages, passes key CBO test
Senate Majority Leader Charles Schumer (D-N.Y.) on Saturday unveiled the updated text of the Inflation Reduction Act, which now spans 755 pages after a late round of negotiations with Sen. Kyrsten Sinema (D-Ariz.) to protect manufacturers from tax increases and impose an excise tax on stock buybacks. Schumer’s office announced that the Congressional Budget Office has confirmed the bill meets the special reconciliation instructions laid out in a budget resolution passed last year, which means Democrats can pass it with a simple majority vote. The bill Schumer unveiled
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