Tag Archives: spending

Fresh attacks and partisan row ahead for U. S. economy Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession and then piling on trillions of dollars …

The Bureau of Economic Analysis reported Thursday that the U. S. economy grew at an annualized rate of only 2% in the third quarter.The highly infectious Delta variant of the coronavirus, supply chain chaos, worker shortages, sluggish jobs numbers and higher prices weighed on economic activity.It was far lower than …

The White House told government agencies to prepare for a potential government shutdown if a temporary solution bill is not passed as a new law before 30 September.White House press secretary Jen Psaki said during a briefing on Thursday that Biden’s administration is taking all possible steps to mitigate the …