WASHINGTON — A quarter-century ago, a Democratic president celebrated “the end of welfare as we know it,” challenging the poor to exercise “independence” and espousing balanced budgets and smaller government.The Democratic Party capped a march in the opposite direction this week.Its first major legislative act under President Biden was a deficit-financed, $1.9 trillion “American Rescue Plan” filled with programs as broad as expanded aid to nearly every family with children and as targeted as payments to Black farmers. While providing an array of benefits to the middle class, it is also a poverty-fighting initiative of potentially historic proportions, delivering more …
Browse
Business Central
Accelerate growth with 1BusinessWorld's Global Business Profile
Sign up for free or use coupon code 1BW50 for 50% discount on your subscription
Sign up nowLatest Business News
- Precision Medicine in Women’s Health: Beyond Traditional Boundaries (12/4/2024) - Power Players in Precision Medicine At the forefront of a… Read more...
- Democratizing Commerce: A Powerful Vision for Shared Prosperity (12/3/2024) - Empowering Small Businesses, Driving Wealth Creation, and Building a Collaborative… Read more...
- Safeguarding the Future: How AI is Transforming Homeland Security and Redefining Resilience (12/2/2024) - AI and Homeland Security: Navigating the Intersection of Opportunity and… Read more...
- Global Tourism Reimagined: Building Bridges for a Brighter Future (12/1/2024) - Building Bridges in the New Era: Annette Cardenas Advances Global… Read more...
- Leadership at Sea: The Art of Curating Unforgettable Journeys (11/24/2024) - Lisa Bauer Redefines Excellence Through a People-Driven Vision for Cruise… Read more...
- The Critical Role of Psychological Safety in Business Success (11/21/2024) - How Creating Cultures of Rewarded Vulnerability Unlocks Innovation, Engagement, and… Read more...