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WASHINGTON (CN) — President Joe Biden on Thursday bit back at Republicans who’d described his economic recovery plan as excessive spending, pointing to their support of his predecessor’s nearly $2 trillion in tax cuts for big corporations and the wealthy. “Almost none of that $2 trillion tax cut was paid for,” Biden said of former […]
(CN) — After a last-minute Congressional scramble on Friday failed to extend the federal eviction moratorium, the measure is set to expire Saturday, ending protections that have helped millions of Americans keep a roof over their head during an unprecedented medical emergency. “It’s like the worst thing that can happen to a family,” said Zach […]
Continue reading …(AP) — Top finance officials representing most of the world’s economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate levy to deter big companies from resorting to low-rate tax havens. Finance ministers from the Group of 20 countries endorsed the plan at a meeting Saturday in Venice. U.S. […]
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