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President Biden’s top economic adviser said on Friday that lawmakers should take advantage of a looming tax debate next year to try to reduce budget deficits by sharply raising taxes on corporations and the rich.
WASHINGTON — President Joe Biden’s Cabinet is fanning out nationwide this week to promote ways the administration has worked to reduce costs, a coordinated effort targeting a top issue for voters.
A senior White House official said that Republicans’ plans to extend or expand the temporary tax cuts put in place in 2017 would likely come at the expense of ordinary Americans.
WASHINGTON (AP) — On the campaign trail, President Joe Biden likes to take a hard thwack at corporate America.
Joe Biden has unveiled US tariffs on an array of Chinese imports, unleashing a potential trade war with Beijing, as the president seeks to woo American voters less than six month out from what’s set to be a close election rematch with Donald Trump.
The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election year move that's increasing friction between the world's two largest economies.
President Biden will slap tariffs on $18 billion of imports of goods from China including electric vehicles, semiconductors, and medical products to protect the strategic sectors and punish China for unfair trade practices.
WASHINGTON (AP) — The Biden White House wants voters to know its differences with Republicans over taxes, with a top aide making the case for higher rates on corporations and the ultra-wealthy.