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WASHINGTON (Reuters) – U.S. House Ways and Means Committee Chairman Richard Neal on Monday proposed a major rollback of Trump-era tax cuts on corporations and…
View More Factbox-Key elements of U.S. House Democrats' tax-hike plans to fund Biden spending
WASHINGTON (Reuters) -U.S. Senator Joe Manchin on Sunday said lawmakers were unlikely to pass their massive budget package by Democrats’ Sept. 27 deadline, adding that…
View More U.S. Democratic senator urges more time for slimmer budget bill
Slideshow ( 3 images )WASHINGTON (Reuters) – Two senior U.S. Senate Democrats on Friday unveiled a proposal to impose a 2% excise tax on corporate…
View More U.S. Senate Democrats float stock buyback tax
SYDNEY (REUTERS) – The Federated States of Micronesia will tap a US funding facility to construct a Pacific undersea communications cable, two sources told Reuters,…
View More US funding tapped for Pacific undersea cable after China rebuffed
FILE PHOTO: The sun rises on the U.S. Capitol dome before Joe Biden’s presidential inauguration in Washington, U.S., January 20, 2021. REUTERS/Jonathan Ernst/File PhotoWASHINGTON (Reuters)…
View More Pelosi suggests tying infrastructure plan, $3.5 trln budget resolution
WASHINGTON (Reuters) -Hours after the U.S. Senate approved a $3.5 trillion budget blueprint chock-full of investments in new domestic programs, new fissures emerged between the…
View More Democratic divisions emerge on Senate's $3.5 trln spending plan
NEW YORK (Reuters) – Investors are ramping up the search for stocks that could benefit from a potential splurge in infrastructure spending, as a $1…
View More Analysis-Investors look under the radar for winners from U.S. infrastructure bill
WASHINGTON (Reuters) – U.S. business lobbying groups cheered a bipartisan $1.2 trillion infrastructure deal, but are gearing up to fight the corporate tax hikes looming…
View More U.S. lobby groups write battle plan to beat Biden tax hikes
Slideshow ( 2 images )WASHINGTON (Reuters) – A bipartisan group of U.S. senators said on Wednesday it had reached agreement on a framework for a…
View More U.S. senators reach agreement on infrastructure framework
WASHINGTON (Reuters) -A bipartisan group of U.S. senators sought agreement on a $1.2 trillion infrastructure plan by the end of business on Thursday, with President…
View More Biden awaiting numbers as senators seek bipartisan infrastructure deal
WASHINGTON (REUTERS) – US President Joe Biden held separate talks on Monday (June 21) with two key Democratic senators about a bipartisan infrastructure plan and…
View More Biden says he has concerns about US bipartisan infrastructure plan
WASHINGTON (Reuters) -Democratic U.S. Senate Majority Leader Chuck Schumer on Thursday said he was open to considering a bipartisan infrastructure bill, but wanted to see…
View More U.S. Senate's Schumer will 'look at' bipartisan infrastructure pitch
WASHINGTON — President Joe Biden's infrastructure talks with Republicans collapsed on Tuesday, the lead GOP negotiator said. "I spoke with the president this afternoon, and…
View More Biden's infrastructure talks with GOP collapse amid irreconcilable differences
WASHINGTON (Reuters) -U.S. Senate Republicans plan to unveil a counteroffer to President Joe Biden’s $1.7 trillion infrastructure proposal on Thursday, though one of their leaders…
View More U.S. Senate Republicans prepare new infrastructure offer