The President of the United States, Joe Biden, has warned on Tuesday that the U.S. could go to an actual war with a major power due to cyberattacks. highlighting what Washington sees as growing threats posed by Russia and China. “I think it is more than likely we are going …
Read More »Yellen: Biden Budget to Raise Debt-to-GDP Ratio
The proposed budget by the United States President Joe Biden will increase the ratio of the public debt to the gross domestic product (GDP), Secretary of the Treasury, Janet Yellen, said on Thursday. However, the budget will not add extra pressures on the inflation rate, Yellen noted. Speaking to a …
Read More »Biden to Propose New Budget Next Week
The President of the United States, Joe Biden, is set to reveal his first detailed budget proposal on May 28, the White House announced on Wednesday. The new budget will be for the upcoming fiscal year starting next October. Biden took office last January, making this the first fiscal year …
Read More »Biden Presents $2.25 Trn Jobs Plan
U.S. President Joe Biden proposed on Wednesday his plan to renovate American infrastructure with public expenditure exceeding $2.25 trillion, in what he calls “a once in a generation investment.” Following the passing of his $1.9 trillion stimulus package, named the American Rescue Plan, Biden presented the “American Jobs Plan” with …
Read More »Biden Planning $3-4 Trillion in Additional Public Spending
The President of the United States, Joe Biden, is set to discuss with his aides the administration’s spending plans for infrastructure, climate change, and job creation, Reuters reported. Combined, these plans could cost around $4 trillion, which are expected to financed through tax increases. Biden “is considering a range of …
Read More »Biden Signs $1.9 T Relief Bill into Law
The President of the United States, Joe Biden, on Thursday signed the $1.9 trillion relief bill into law, officially ratifying what he originally proposed as the “American Rescue Plan” to help the U.S. economy recover from the impact of the Coronavirus pandemic. After Congress passed the bill, following a long …
Read More »U.S. Department of State: Those Whose visa Applications Were Denied Due to Trump’s Decision Apply Again
The US State Department said that most of those who applied for US visas and were rejected due to Trump’s decision to ban entry to citizens of 13 countries can seek to reconsider their applications or apply for new ones. President Joe Biden canceled the ban on entry to certain …
Read More »Democrats Could Move Unilaterally to Pass $1.9 Tr Biden Stimulus
The United States Senate Majority Leader Chuck Schumer said on Tuesday that Democrats are ready to begin working to pass the new president rescue plan as early as next week without cooperation with the Republicans. The plan is being challenging by some Democrats as it will increase government debt. “In …
Read More »Will the Biden Administration Continue the Trade War with China?
The Governor of Rhode Island, Gina Raimondo, who has been nominated by President of the United States Joe Biden to lead the U.S. Department of Commerce, has vowed to be tough against unfair trade practices from China. Speaking in testimony in front of the U.S. Senate Commerce Committee, Raimondo said …
Read More »Biden: Corona Deaths Will Likely Exceed Half a Million Next Month in The US
US President Joe Biden said Thursday, January 21, that the total number of Covid-19 deaths in his country will likely exceed half a million next month, painting a grim picture of what he said will be a fierce battle. Biden added in a meeting at the White House that the …
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