AOC Says It's 'Delusional to Believe' Dems Can Get Re-elected Without BBB, Child Tax Credit
AOC dubbed Democrats "delusional" if they expect to be re-elected without extending the child tax credit and passing BBB.
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Biden Cuts Carbon Emissions, Loses Build Back Better Credits For EVs, Chargers
With Build Back Better plan stalled, possibly dead, there may be no money to back President Biden’s goal of funding a nationwide charging network.
SEC Demands Chinese Firms Bolster Risk Disclosures for Investors
Chinese companies trading in the U.S. must disclose more about the risks they can pose for investors, according to new guidance.
This Week in Bidenomics: Build Back Later
[D] Sen. Joe Manchin of W. Virginia, holds a de facto veto over the legislation, objects to short-term implementation of expanded child tax credit.
Farewell, Transitory: Markets Heed Central Banks’ Inflation Call
End of 2021 swept away idea of surging inflation being transitory, setting the stage for markets to game pace of central bank tightening next year.
The Bond Market Isn’t Buying Fed’s Sketch of Rate Hike Plans
Federal Open Market Committee just forecast overnight rates jumping from zero currently to 1.60% and 2.10% by year-end 2023 and 2024, respectively.
Build Back Better Raises Taxes on Businesses and the Wealthy but Will Hurt Everyone Else
Ordinary Americans will end up footing the bill for this bad spending plan, even if it's billed as tax hikes on businesses, energy and high earners.
