President Joe Biden’s proposed United States’ federal $5.8 trillion Fiscal Year 2023 budget increases overall domestic spending by 7 percent, boosts military allocations by 10 percent and includes a raft of new tax levies for high-income earning individuals while raising the corporate income tax from 21 percent to 28 percent. The 149-page proposed budget introduced…
Biden’s $5.8 Trillion Proposed Spending Plan Calls on Congress to Fill in the Blanks
Biden: Pushing OPEC to Boost Oil Output ‘Not at All Inconsistent’ With Climate Goals
President Joe Biden said on Sunday that it was “not at all inconsistent” for him to push energy-producing countries to ramp up production of fossil fuels while also urging others to lower emissions in line with his climate goals. Speaking at a press briefing following days of negotiations in Rome between leaders of the Group…
Republicans Indicate Opposition to Biden’s Recovery Package If It Doesn’t Prioritize Core Infrastructure Needs
Republicans are wary of the Democrats’ soon-to-be-revealed infrastructure proposal, saying their party wants the package to focus on core infrastructure needs like roads and bridges and how it can be paid for, not be overrun with elements from “The Green New Deal” or President Joe Biden’s climate change agenda. Press secretary Jen Psaki told Fox…
South Dakota Governor Calls Biden’s Abrupt Termination of Keystone Pipeline ‘Dangerous’
South Dakota Gov. Kristi Noem said that President Joe Biden’s recent executive decision to end the Keystone XL Pipeline project has not only hurt her state’s economy but is dangerous for America’s energy independence, adding that she would like to see the Biden administration prioritize all-of-the-above energy policy. “I’ve always been a supporter of diversified…
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