(WASHINGTON) -- President Joe Biden lunched with Democrats on Capitol Hill Wednesday as the party proceeds with the delicate task of crafting two separate pieces of legislation worth a combined $4.1 trillion in new spending. Biden's attendance at the lunch comes following a late-night announcement... Read More.
(WASHINGTON) -- Senate Democrats said they have reached a $3.5 trillion budget agreement. This is the first step in unlocking a process that Democrats plan to use to pass many of President Joe Biden's American Families Plan priorities with a simple majority of votes. Majority... Read More.
(WASHINGTON) -- President Joe Biden and a bipartisan group of senators on Thursday announced they had reached a framework $1.2 trillion infrastructure deal after a White House meeting just before Congress was about to leave town for a two-week recess. Speaking in the White House... Read More.
(WASHINGTON) -- President Joe Biden proposed an infrastructure package worth $1 trillion in new spending that would be funded without raising the corporate tax rate during a meeting Wednesday with the top Republican negotiator on the package. The new pitch aims to avoid Republican scorn... Read More.
(WASHINGTON) — Senate Republicans' potential embrace of a $1 trillion infrastructure package is an encouraging sign a bipartisan deal could be reached, Transportation Secretary Pete Buttigieg said Sunday on ABC's "This Week." "They seem to be embracing the idea that about a trillion is appropriate.... Read More.
(WASHINGTON) -- President Joe Biden on Friday unveiled a $6 trillion budget proposal for fiscal year 2022, which includes his costly initiatives already announced, including the American Jobs Plan and American Families Plan. It also includes his proposal to raise the corporate tax rate to... Read More.
(WASHINGTON) -- Senate Republicans intend to send President Joe Biden a nearly $1 trillion counter proposal on infrastructure spending Thursday, the latest attempt to make progress toward a bipartisan compromise just days before the president's deadline. Biden has for weeks said that he needs to... Read More.
(WASHINGTON) -- President Joe Biden will lay out the contours of his latest ambitious legislative proposal -- his "American Families Plan" -- in his address Wednesday night to a joint session of Congress, calling on lawmakers to pass what the White House is calling... Read More.
(NEW YORK) — President Joe Biden could alter some terms of his $2 trillion infrastructure proposal and may be open to breaking it up into several smaller packages, Secretary of Energy Jennifer Granholm said Sunday on ABC's "This Week." "The president is willing to negotiate what this looks like," Granhom told... Read More.
(NEW YORK) -- Despite a global pandemic and economic downturn, the total wealth of the world's richest has increased by more than $5 trillion over the past year, according to data compiled by Forbes for its annual billionaires list. Forbes' 35th annual billionaires list, released... Read More.
By Catherine Thorbecke, ABC News(NEW YORK) -- Despite a global pandemic and economic downturn, the total wealth of the world's richest has increased by more than $5 trillion over the past year, according to data compiled by Forbes for its... Read More.
By MOLLY NAGLE, ABC News(WASHINGTON) -- President Joe Biden marked a major victory Thursday, signing the American Rescue Plan into law -- the first legislative win of his presidency seven weeks after taking office and on the one-year anniversary of... Read More.