AMERICAN RESCUE PLAN DETAILS
American rescue plan details. The American Rescue Plan Act of 2021 was signed by President Biden on March 11, 2021. The Act has unemployment benefits, vaccination programs and additional unemployment benefits meant to get people through the COVID-19 crisis. More funding for state and local governments was included, assistance to schools to help them open […]
BIDEN TO PAY FOR ALL PROPOSALS
Biden to pay for all proposals. President Joe Biden has stated that he intends to pay for all of his spending proposals by increasing the taxes on the wealthy and on Corporate America, which is exactly what he said when he ran for the Presidency. Even though the extent of his proposals seem a bit […]
DEFICIT NEUTRAL CLAIM BY BIDEN
Deficit neutral claim by biden. In the past, Republicans have typically fought the Democrats over concerns spending proposals would expand the deficit and the continually growing national debt. Having weathered those critiques during the Obama years, President Joe Biden’s proposals to revitalize the US economy and Tax Resolution Companies thru increased IRS funding, are designed […]
IRS GETTING AGGRESSIVE AGAIN
IRS getting aggressive again. With the Biden Administration set to inject Trillions into a lackluster U.S. economy, the politics of debt financing have come home to roost. Under President Trump, Republicans didn’t mind opening up the coffers of deficit spending to give tax breaks to the rich, but now have changed their ways and want […]
WHO ARE REPUBLICANS FIGHTING FOR
Who are republicans fighting for. The battle over President Biden’s economic plan may undermine the Republican Party’s attempt to rebrand itself as the party of the working class. Trump’s presidency, the pandemic relief bills and recent GOP policy plans have all helped Republicans cement gains among working class voters. But Biden’s plan to raise taxes […]
