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Biden Details $1.52 Trillion Spending Proposal to Fund Discretionary Priorities

WASHINGTON — President Biden outlined a vast expansion of federal spending on Friday, calling for a 16 percent increase in domestic programs as he tries to harness the government’s power […]




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Biden Team Prepares $3 Trillion in New Spending for the Economy

Whether it can muster Republican support will depend in large part on how the bill is paid for.Officials have discussed offsetting some or all of the infrastructure spending by raising […]




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Empty Office Buildings Squeeze City Budgets as Property Values Fall

WASHINGTON — At a meeting with Treasury Secretary Janet L. Yellen last month, Jeff Williams, the mayor of Arlington, Texas, laid out his grim economic predicament: Heavy spending on coronavirus […]




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Democrats Push to Borrow More Money as Deficit Is Set to Shrink Slightly in 2021

WASHINGTON — As top Democrats continued to push a $1.9 trillion economic aid package through the House, some lawmakers and aides to President Biden raised the prospect of borrowing even […]




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‘We Need to Stabilize’: Big Business Breaks With Republicans

But last week seemed to be a breaking point. Big business could evidently tolerate working with Mr. Trump despite his chauvinism, his flirtations with white nationalism and his claims of […]




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As Some Deficit Hawks Turn Dove, the New Politics of Debt Are on Display

And while running big deficits might have once stoked fears about inflation — as too many dollars chased too few goods — price gains have been too low for comfort […]




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As Bills Pile Up, Many Anxiously Keep Tabs on the Stimulus Bill

“It’s the worst thing I could possibly imagine,” she said. “If you told me a year ago that the entire country would be suffering the way it is now, with […]




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Stimulus Deal Provides Economic Relief, for Now

The congressional agreement on Sunday on another dose of aid to fuel the slowing economic recovery has probably spared millions of Americans from a winter of poverty and kept the […]




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A $900 Billion Plan Would Help the Economy, but Not Fix It

The economic recovery, slowing for months, is in danger of going into reverse. That’s why a growing list of economists, business lobbyists and other advocacy groups are urging lawmakers to […]




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Economic Demands Test Biden Even Before Inauguration

President-elect Joseph R. Biden Jr.’s first economic test is coming months before Inauguration Day, as a slowing recovery and accelerating coronavirus infections give new urgency to talks on government aid […]