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Congress

Congress returns to funding, Build Back Better attempt

by Kimberly Adams
Jan 31, 2022
Talk of a Supreme Court nomination is on everyone's lips these days, but Congress has an economic laundry list to address.
With Congress back in session, Democrats will want another try at passing at least portions of the Build Back Better agenda.
Leigh Vogel/Getty Images for MoveOn
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Why it's so hard to pass climate crisis legislation in the U.S.

by Amy Scott and Richard Cunningham
Jan 27, 2022
The American political system makes it easier to block change than to create it, explains Shannon Osaka of Grist.
The Build Back Better Bill is stalled, but it's not the first time that legislation aimed at tackling climate change has been sidelined.
Anna Moneymaker/Getty Images
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The infrastructure bill is on the president’s desk. What’s in it for rural America?

by Savannah Peters
Nov 15, 2021
Rural states with the most work to do on those fronts — like Alaska, Wyoming, Montana and Vermont — will receive the most funding per capita.
Street lights line an unpaved road in Kivalina, Alaska. Alaska is among the rural states to receive the highest per capita funding from the $1 trillion infrastructure bill.
Joe Raedle via Getty Images
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Congress' budget gurus may slow down Biden’s Build Back Better plan

by Kai Ryssdal and Richard Cunningham
Nov 11, 2021
Zach Moller talks about what a Congressional Budget Office score is and how it affects legislation.
Roosevelt Forward CEO Felicia Wong says President Biden and congressional Democrats may be able to implement their economic priorities through laws they already passed, such as the Infrastructure Investment and Jobs Act and the CHIPS and Science Act.
Win McNamee via Getty Images
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So what exactly is in the infrastructure bill?

by Matt Levin
Nov 8, 2021
And how exactly does it address the biggest challenges facing this economy?
President Joe Biden speaks Saturday, after the House passed the bipartisan infrastructure bill. It invests in climate-friendly transportation and addresses equity for marginalized communities, among other issues.
Samuel Corum via Getty Images
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When will we see the economic impact of new infrastructure spending?

by Sabri Ben-Achour
Nov 8, 2021
There are shorter- and longer-term projects in Biden's $1 trillion plan. State and local governments will influence how it’s spent.
President Biden's $1 trillion plan invests in long-term infrastructure change, although state and local officials will have plenty of say in how the money is spent.
Andrew Caballero-Reynolds via Getty Images
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Democrats reach deal aimed at cutting drug prices for seniors

by Amanda Peacher
Nov 3, 2021
The limited plan would, for the first time, give Medicare the power to negotiate prices directly with pharmaceutical companies.
Medicare Advantage plans are becoming more and more popular, but what exactly do they entail? We got the details from Dr. Fred Hyde, an independent consultant in health care finance and adjunct professor at Georgetown University.
FatCamera via Getty Images
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Raising the Debt Ceiling

The origin of the U.S. debt ceiling

by Kai Ryssdal and Maria Hollenhorst
Nov 2, 2021
Congress is once again considering raising the debt limit. When did that start?
A sign at a Washington, D.C., bus stop showed the amount of the national debt on Oct. 25. The clock is ticking on another debt ceiling agreement to prevent a default.
Julie Chabanas/AFP via Getty Images
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Paid family leave would be a paradigm shift for many workers

by Meghan McCarty Carino
Oct 26, 2021
Even when the benefit is available, many Americans hesitate to use it. It's included in the Democrats' social-spending bill.
Though the Democrats' paid family leave proposal has been reduced from 12 weeks to four, it would still be a major change for Americans.
hobo_018 via Getty Images
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Raising the Debt Ceiling

What happens if we crash through the debt ceiling?

by Nancy Marshall-Genzer
Oct 4, 2021
The Fed could buy defaulted Treasuries or swap Treasury bonds that weren’t in default for those that were.
Federal Reserve Chair Jerome Powell speaks at a House hearing Thursday. Although the central bank has prepared for potential government defaults before, Powell warned lawmakers of the limits of the Fed's response.
Al Drago-Pool via Getty Images
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