Tag: Government finance
Biden budget highlights: Lots of spending, taxing the rich
WASHINGTON — President Joe Biden's $6 trillion budget proposal offers major new initiatives like child and elder care subsidies, generous tax credits for families...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
Defense chief: US pullout from Afghanistan “slightly” ahead
WASHINGTON — Defense Secretary Lloyd Austin told Congress on Thursday that America's troop withdrawal from Afghanistan is “slightly” ahead of schedule, but he provided...
GOP senators ready $1T infrastructure counteroffer to Biden
WASHINGTON — Senate Republicans revived negotiations over President Joe Biden’s sweeping investment plan, preparing a $1 trillion infrastructure proposal that would be funded with...
Corruption trial of former South African president starts
JOHANNESBURG — The corruption trial of former South African President Jacob Zuma began Wednesday more than 25 years after some of his alleged offenses.
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Muncie beverage can plant to create 345 jobs by end of 2023
MUNCIE, Ind. — A Polish aluminum beverage can manufacturer will build a new plant in Muncie, creating at least 345 jobs by the end...
Navy says it’s charting a new course after rash of problems
BATH, Maine — The Navy’s speedy littoral combat ships had propulsion failures. The gun on its stealthy destroyer is a dud because of expensive...
White House ‘eager’ for GOP counteroffer on infrastructure
WASHINGTON — The White House said Monday that President Joe Biden is awaiting an infrastructure counteroffer from Senate Republicans after a core group of...
Atlantic City 1st quarter casino earnings more than triple
ATLANTIC CITY, N.J. — The Atlantic City casinos' gross operating profit soared in the first quarter of this year to more than $95 million,...
Nonpartisan budget report says future nuke costs are rising
WASHINGTON — The projected cost of modernizing the U.S. nuclear force is escalating, including billions of dollars more to operate nuclear-armed submarines and to...
