“There are lots of loopholes and lots of exceptions. What this executive order does is close up those loopholes, push out those exceptions, and also creates a new position within the White House to focus on made in America,” said Iwinksi. … [Read more...] about President Joe Biden’s ‘Buy American’ Executive Order Could Benefit Western Pennsylvania, Trade Experts Say
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Joe Biden May Adjust Income Threshold for Third Stimulus Check in $1.9 Tn Relief Proposal
In a recent speech, Republican Texas Representative Kevin Brady criticized the idea of additional stimulus checks, stating, "Will this stimulate our local economies? Not a lot. What we know is that much of this extra $1,600 [sic] will go to pay down credit card debt, or savings, or even make new purchases online at Walmart, Best Buy, or Amazon." … [Read more...] about Joe Biden May Adjust Income Threshold for Third Stimulus Check in $1.9 Tn Relief Proposal
Biden vows to replace U.S. government fleet with electric vehicles
By David ShepardsonWASHINGTON, - President Joe Biden on Monday vowed to replace the U.S. government's fleet of roughly 650,000 vehicles with electric models as the new administration shifts its focus toward clean-energy."The federal government also owns an enormous fleet of vehicles, which we're going to replace with clean electric vehicles made right here in America made by American workers," Biden said MondayBiden criticized existing rules that allow vehicles to be considered U.S. made when purchased by the U.S. government even if they have significant non-American made components.Biden said he would close "loopholes" that allow key parts like engines, steel and glass to be manufactured abroad for vehicles considered U.S. made.The White House did not immediately answer questions about over what period Biden planned to replace current vehicles. It could cost the U.S. $20 billion or more to replace the fleet.Biden's "Buy America" executive order signed Monday does not direct the … [Read more...] about Biden vows to replace U.S. government fleet with electric vehicles
Senate Confirms Berkeley Economist Janet Yellen As Biden Treasury Secretary
Before the approval by the full Senate, Yellen had received unanimous backing from the Senate Finance Committee. Republicans on the panel said they had a number of policy disagreements with Yellen and the Biden administration in such areas as raising taxes on corporations and the wealthy, but believed it was important to allow Biden to assemble his economic team quickly. … [Read more...] about Senate Confirms Berkeley Economist Janet Yellen As Biden Treasury Secretary
Biden Reportedly Doubts Trump Conviction as Impeachment Article Delivered to Senate
The February Senate impeachment trial will be historic as Trump is the first US president to be impeached twice and due to a Senate trial taking place after he exited the White House. Earlier in 2019, Trump was impeached for abuse of power and obstruction of justice, and the Senate later chose not to remove him from office. … [Read more...] about Biden Reportedly Doubts Trump Conviction as Impeachment Article Delivered to Senate