3 Key Divides in Democrats’ Civil War Over the Biden Agenda

President Biden’s signature legislative agenda is in serious jeopardy with serious disagreement within his own party between moderates and progressive. 

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U.S. Treasury Secretary Urges Congress to Lift Debt Ceiling

Treasury Secretary Janet Yellen is urging Congress to “protect the full faith and credit of the United States by acting as soon as possible” to lift the debt ceiling or the government will be out of cash in October.

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235, 000 Jobs created in August; Economists Expected over 700,000

The Bureau of Labor Statistics reported that employment rose by 235,000 in August, and the unemployment rate declined by 0.2 percentage point to 5.2 percent.

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Biden’s debt-driven budget risks a financial crisis

President Biden’s $3.5 trillion spending plan that is working it’s way through Congress seeks to increase the national debt with all its tax increases and massive spending.

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Market’s Unchanged as House Moves $3.5 Trillion spending Bill

Markets were unchanged as the house moves forward with the president’s massive $3.5 trillion spending package, but are waiting for information to the Federal Reserve’s Jackson Hole Symposium.

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Sinema dashes House Dems’ hopes for $3.5T infrastructure Bill

Sen. Krysten Sinema, D-Ariz., has stated that she  would not support Democrats’ $3.5 trillion spending plan, potentially dashing hopes of passing the proposal via budget reconciliation.

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