President Joe Biden says he wants "more than $5 trillion” for clean energy initiatives, such as windmills, solar panels, hydropower and ethanol all while maintaining these investments will create
Friday, February 5th 2021, 8:37 am
By: CBS News
Washington The Senate passed a budget resolution very early Friday morning, a key step for the Democratic-controlled Congress to pass President Biden s $1.9 trillion COVID-19 relief proposal without any Republican votes. The 51-50 vote, with Vice President Kamala Harris breaking the tie, came after an all-night marathon vote-a-arama.
The vote-a-rama included 41 votes with dozens of amendments considered. Harris cast her first tie-breaking votes as vice president, allowing the resolution to finally pass shortly before 6 a.m. with support from all 50 Democratic senators.
The Senate voted to reject a major component of the Biden plan raising the federal minimum wage to $15 an hour. In a voice vote, senators narrowly approved an amendment from Iowa Republican Joni Ernst that would ban the increase during a pandemic. However, the increase could be restored when the final measure is hashed out.
By my calculations, I have spent almost three-quarters of my 67 years around politicians. I’ve observed their behavior, their successes, and their failures fairly closely. Yet I still wonder if I’ll ever completely understand them. Let me explain.
American voters may have once loved their elected officials in Washington, but that now seems ages ago. In recent years these fickle voters seem to have lost all patience and are keeping politicians on a very short leash.
Let’s look at midterm elections for starters. They’re almost always referenda on the sitting president. In the post–World War II era, the party holding the White House has averaged losses of three Senate and 22 House seats. More relevant to next year, the average in the midterms of a president’s first is just one Senate and 23 House seats lost (it is the midterms in presidents’ second terms that are often bloodbaths in the Senate, the class of senators last up when that president was first elected). Given t
US Unemployment Benefit Claims Eased Last Week, But Remain High newdelhitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newdelhitimes.com Daily Mail and Mail on Sunday newspapers.
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Lee S. Ainslie III of Maverick Capital speaks at 6th Annual New York Value Investing Congress in New York City Thomson Reuters This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Billionaire Lee Ainslie told investors there s long and short opportunities thanks to last week s market volatility.
Ainslie said risk appetites have been pumped up due to a potential stimulus and a lack of fear of inflation.
Maverick s flagship fund made 7.2% in the fourth quarter and 15.8% for 2020.