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Joseph Robinette Biden Jr. is the Democratic Party’s presidential nominee. He had previously served as the 47th Vice President of the United States. More
Apr 11, 2021 09:26 AM IST The current rate of corporate tax stands at 21 percent and Biden is vying to raise it to 27 percent.
Apr 10, 2021 10:42 PM IST The Education Department would get a 40.8 percent funding increase that would bring its budget to $102.8 billion.
Apr 10, 2021 08:20 AM IST White House Press Secretary Jen Psaki said Joe Biden wants to make that decision in close consultation with partners around the world, with the advice of his national security team, and do it in a way that ensures we are protecting our national interest and the safety and security of our troops, all at the same time where there's diplomatic negotiations with the Taliban.
Apr 08, 2021 07:58 AM IST The EV rebates, part of a $2.3 trillion infrastructure and jobs proposal, could be a big boost to U.S. automakers, especially General Motors and Tesla Inc, which no longer qualify for $7,500 tax credits after they sold more than 200,000 zero-emission models.
Apr 06, 2021 07:41 PM IST CNN reported that Joe Biden was shifting the deadline for full eligibility from May 1 to April 19 after rapid progress in all 50 states in the vaccine rollouts.
Apr 05, 2021 09:05 PM IST Citing a “thirty-year race to the bottom” in which countries have slashed corporate tax rates in an effort to attract multinational businesses, Yellen said the Biden administration would work with other advanced economies in the G20 to set a minimum.
Apr 05, 2021 05:52 PM IST In an apparent bid to reassure its shareholders, Emergent BioSolutions, a contract manufacturer that was making vaccines for both Johnson & Johnson and AstraZeneca, said it was “on track with its manufacturing agreements related to COVID-19 vaccines” and “that there are no changes to its financial guidance for 2021.”
Apr 04, 2021 03:44 PM IST India figures prominently in the 2021 National Trade Estimate Report by the United States Trade Representatives, an annual compendium of Washington DC's complaints against the trade mechanism of various economies. The fact that this comes only months after the Joe Biden administration took charge has made policymakers apprehensive.
Apr 02, 2021 08:37 PM IST Investors also are set to get a snapshot of how companies are performing a year after the onset of the pandemic when corporate earnings kick off in earnest in mid-April.
Apr 01, 2021 05:29 PM IST The $2 trillion infrastructure plan that he unveiled Wednesday is aimed at tackling climate change in part by spending up to $174 billion to encourage Americans to switch to cars and trucks that run on electricity, not gasoline or diesel. That is a large investment, but it might not be enough to push most Americans toward EVs.
Apr 01, 2021 05:15 PM IST the animating idea behind the tax plan put forward by the Biden administration Wednesday is that the best way to increase U.S. competitiveness and foster economic growth is to raise corporate taxes to finance huge investments in transportation, broadband, utilities and more.
Apr 01, 2021 05:00 PM IST Despite rapid growth in recent years, electric vehicles remain a niche product
Apr 01, 2021 04:51 PM IST The most eye-catching proposal is to scale down the sizable reduction in the corporate tax rate implemented under Trump
Apr 01, 2021 09:33 AM IST Amidst a national lockdown and the COVID-19 crisis, Trump in June last year issued a proclamation that suspended entry to the US of applicants for several temporary or “non-immigrant” visa categories, including H-1B, arguing that these visas presented a risk to the US labour market during the economic recovery.
Apr 01, 2021 08:55 AM IST "The rest of the world is closing in and closing in fast. We can''t allow this to continue. American Jobs Plan is the biggest increase in our federal non-defense research and development spending on record," Biden said in his address to the nation from Pittsburgh in Pennsylvania on Wednesday.
Mar 31, 2021 09:53 PM IST The November summit was originally due to be held in 2020, but was postponed due to COVID-19.
Mar 31, 2021 05:02 PM IST For Biden to succeed, he has to not only channel his inner Franklin D Roosevelt, but also a little Ronald Reagan and some rip-roaring capitalism
Mar 31, 2021 02:55 PM IST The American Jobs Plan, to be announced by Biden in Pittsburgh, Pennsylvania, will create millions of good-paying jobs and rebuild the US infrastructure.
Mar 31, 2021 07:54 AM IST The Democratic president has rolled back many of former President Donald Trump's immigration policies since taking office on Jan. 20 including last month revoking a proclamation that had blocked many applicants for permanent residency - known as a green card - from entering the United States.
Mar 30, 2021 07:55 PM IST A new US president promised to dismantle his predecessor’s policies governing asylum seekers who arrive at the southern border. Exactly who the new administration is allowing into the country is unknown, but thousands of children from Central America and Mexico who arrived in recent weeks are now in US custody.
Mar 30, 2021 12:01 PM IST The vaccination drive under the Biden administration has been going in at an unprecedented pace. As many as 100 million shots have been administered in less than 60 days of his administration and they are now moving on to the next 100 million shots in just 40 days.
Mar 29, 2021 04:01 PM IST Barriers to vaccine access faced in many Hispanic communities — alongside the structural limitations communities of color generally face — stand in the way of higher vaccination rates, even as the vaccine becomes more widely available, according to public health experts and community health organizers.
Mar 29, 2021 08:13 AM IST Optimism about the U.S. economy has been helped by the vaccination rollout with some 143 million shots given to almost 94 million people, far ahead of Europe's rollout.
Mar 27, 2021 10:01 AM IST President Biden's tirade against Putin may well be designed to secure the best possible deal in eventual negotiation.
