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The Week in Business: A Big Step for Infrastructure Spending

The Week in Business: A Big Step for Infrastructure Spending

The next step for the $1 trillion bipartisan bill is the House. And its future there is not guaranteed.

Wall Street Splashes Cash on Junior Bankers

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Wall Street Splashes Cash on Junior Bankers

A rise in starting salaries could help counter burnout but pandemic precautions might become a more important differentiator.

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Janet Yellen made another call on Congress to act on the debt limit.

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Janet Yellen made another call on Congress to act on the debt limit.

Ms. Yellen’s letter to Congress was her third warning. Last week, she told lawmakers that she was beginning to use extraordinary measures to delay a default.

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As Infrastructure Bill Nears Key Vote, Deficit Takes Back Seat

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As Infrastructure Bill Nears Key Vote, Deficit Takes Back Seat

Many Republicans are disregarding the deficit impact for the sprawling infrastructure bill, but intend to change course for looming battles on social spending and the debt ceiling.This post was originally published on this site

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As Infrastructure Bill Inches Forth, a Rocky, Slow Path Awaits in the House

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As Infrastructure Bill Inches Forth, a Rocky, Slow Path Awaits in the House

Progressives have not ruled out reopening the deal that senators are painstakingly putting together, and they do not intend to take it up for months, until after their other priorities are addressed.This post was originally published on this site

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Inflation Is New Battle Line as Republicans and Biden Spar Over Spending

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Republicans say President Biden’s spending plans will keep inflation rising, but the White House says the proposals could help tame costs.This post was originally published on this site

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Senators and Biden Aides Struggle to Save Bipartisan Infrastructure Deal

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A looming deadline and a last-minute need for a new revenue source are complicating a deal that was announced nearly a month ago.This post was originally published on this site

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Democrats Propose $3.5 Trillion Budget to Advance with Infrastructure Deal

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The measure, which would include money to address climate change, expand Medicare and fulfill other Democratic priorities, is intended to deliver on President Biden’s economic proposal.This post was originally published on this site

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Democrats Roll Out $3.5 Trillion Budget to Fulfill Biden’s Broad Agenda

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“We’re going to get a lot done,” President Biden said, as Senate Democrats began drafting the details on a social and environmental bill that could yield transformative change.This post was originally published on this site

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