DIRS.INFO The most relevant business & tech news

☆ Biden to deliver speech on democracy, legacy of Sen. John McCain in Arizona
▼ + stars: | 2023-09-28 | by ( Emma Kinery | ) www.cnbc.com time to read: +2 min

President Joe Biden is set to deliver a speech Thursday in Phoenix, Arizona, on the state of democracy and to honor his late friend, Republican Sen. John McCain. It is the fourth such speech on democracy Biden has made during his presidency, the first of which was delivered on the first anniversary of the Jan. 6, 2021, Capitol riot. Biden is set to say that McCain was representative of the old guard of Republicans and was willing to put his country over his party. The friendship continued after McCain lost the 2008 presidential contest to Barack Obama, whose vice president was Biden. "Not every Republican — not even the majority of Republicans — adhere to the extremist MAGA ideology," Biden plans to say.

Persons: Joe Biden, Walter E, Republican Sen, John McCain, Biden, MAGA, Donald Trump, McCain, Barack Obama, Republican —, Republicans —, I've Organizations: Congressional Black Caucus Foundation, Washington Convention Center, Washington , D.C, Republican, Capitol, Arizona State University, McCain Institute, American, McCain, Democratic, White, House, Trump, Senate, Republicans, Republican Party, American Democracy, GOP House Locations: Washington ,, Phoenix , Arizona, America, New York, California

☆ Biden to warn 'MAGA movement,' Trump threaten US democracy in Arizona
▼ + stars: | 2023-09-28 | by ( Jeff Mason | Thomson Reuters | Jeff Mason Is A White House Correspondent For Reuters. He Has Covered The Presidencies Of Barack Obama | ) www.reuters.com time to read: +3 min

Biden's remarks in Phoenix, Arizona, will also honor the legacy of the late Arizona Republican Senator John McCain, the 2008 Republican presidential nominee who died in 2018. Biden will warn "there is something dangerous happening in America," according to prepared remarks of his speech. Biden will say he doesn't think all Republicans ascribe to the 'MAGA' agenda, a reference to Trump's Make America Great Again slogan. He has stepped up his warnings about the potential threat to democracy posed by Trump as exemplified by the Jan. 6, 2021, attack on the U.S. Capitol. The White House official said Biden's remarks in Tempe, Arizona, near Phoenix, will be the fourth in a series of speeches about the threat to democracy.

Persons: Joe Biden, Evelyn Hockstein, Republican Donald Trump, Biden's, John McCain, Biden, McCain, MAGA, Donald Trump, Trump, Ron DeSantis, Chris Christie, Donald Duck, Jeff Mason, Steve Holland, Michael Perry, Heather Timmons, Nick Zieminski Organizations: President's, Advisors, Science, Technology, REUTERS, Rights, Republican, Arizona Republican, Republican Party, Representatives, U.S . Capitol, MAGA Republicans, Trump, Staff, Department of Justice, White House, McCain, McCain Institute, Arizona State University, Florida, New, Thomson Locations: San Francisco , California, U.S, United States, Phoenix , Arizona, Arizona, America, San Francisco, Tempe , Arizona, Phoenix, California, cacophony, New Jersey, Detroit, autoworkers

☆ Why the end of federal child care funding matters — whether or not you have young kids
▼ + stars: | 2023-09-28 | by ( Erik Ortiz | ) www.cnbc.com time to read: +7 min

"It's going to be a child care apocalypse," she said. "If someone came to me today and said they wanted to open up a child care center, I'd say, 'Don't do it.' That amounts to about 3.2 million children losing child care. In June, the GOP-controlled Legislature in Wisconsin voted to end its Child Care Counts subsidy program, with funding to help child care providers expected to be exhausted by February. On the federal level, Democratic members of Congress have introduced bills this year to expand federal subsidies for child care providers and create federally funded, but locally run, child care centers.

Persons: Rossignol, shouldering, Julie Kashen, Kashen, Cathy Creighton, Creighton, Jade Lebel, Lebel, It's, Kat Brockschmidt, Rawasia Organizations: The Century Foundation, GOP, Republican, Democratic, Cornell University's School of Industrial and Labor Relations Buffalo Co, Employers Locations: Maine, Alaska , California, Minnesota, New York, Wisconsin, U.S, Montgomery County , Maryland

☆ The IRS is going to know if you made big money reselling tickets for tours by the likes of Taylor Swift or Beyoncé
▼ + stars: | 2023-09-24 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

A new law will require ticketing platforms to tell the IRS about users who made over $600 this year. AdvertisementAdvertisementBut this year the topic of ticket resales has made headlines, as prices for big events surged. The average price for a Beyoncé concert ticket averaged $380, while fans wanting to see Harry Styles live needed to fork out an average of $400, the Journal reported. CHANDAN KHANNA/Getty ImagesThe resale of Taylor Swift's Eras Tour tickets has caused the most commotion, as hugely inflated prices, fake ticket sales, and site crashes angered her fanbase. One Swiftie said she even saw some ticket prices for a Swift concert going for more than $30,000.

Persons: resales, Lionel Messi, Harry Styles, CHANDAN KHANNA, Swiftie Organizations: IRS, Taxation, Service, American, Ticketmaster, Street Journal, MLS, Inter Miami CF Locations: Wall, Silicon

☆ Hot girl summer is about to come to a crashing halt, and winter is coming for women
▼ + stars: | 2023-09-19 | by ( Emily Canal | ) www.businessinsider.com time to read: +4 min

This year's hot girl summer was led by the women who propped up the US economy. The aid has been funding childcare for the past two years, which helps keep many moms working. The study polled 3,661 women and 1,144 men between November 19, 2020, and December 17, 2020. Simultaneously, if childcare centers closed, working women would bear the brunt — in a 2020 report, the National Women's Law Center found that 95% of childcare workers were women . AdvertisementAdvertisementParents, experts, and lawmakers have previously told Insider how vital childcare is to working parents.

Persons: Taylor Swift, Barbie, Christopher Nolan's, Oppenheimer, doesn't, Annie E, Lisa Hamilton, who've, Sen, Patty Murray Organizations: Service, Bloomberg, of Labor Statistics, American, Century Foundation, Labor Department, Family Foundation, National Women's Law Center, Casey Foundation Locations: Wall, Silicon, America, it's

☆ 41,000 people are about to get $240 million in medical debt cancelled thanks to an infusion of cash from Biden's pandemic aid
▼ + stars: | 2023-09-19 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

In Toledo, Ohio, 41,000 residents will see around $240 million in medical debt relieved. Communities across the country have allocated at least $16 million toward relieving medical debt, according to the White House . Cook County officials connected Grim with RIP Medical Debt, a nonprofit that buys up medical debt across the country and wipes it out completely. "If you have your medical debt relieved, they can go back to the doctor again, they can put food on the table." Do you have medical debt, or have received medical debt relief?

Persons: Michele Grim, It's, Grim, Joe Biden, Grim — Organizations: Service, Kaiser Family Foundation, Consumer Financial, Bureau, American, ARPA Locations: Toledo , Ohio, Wall, Silicon, Ohio, Lucas County, Toledo, Cook County , Illinois, Cook, Cook County

☆ Biden's economic policies have quietly made peoples' lives better — and no one seems to care
▼ + stars: | 2023-09-17 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +10 min

Biden's economic agenda has meant real changes for many Americans, like clean water and internet access. That $1 million came from President Joe Biden's $1.9 trillion American Rescue Plan , which was passed in 2021 to revitalize the economy and replenish Americans' wallets. But for the target groups seeing their everyday lives changed by Bidenomics funding, it can make a world of difference. AdvertisementAdvertisementThe hidden wins from BidenomicsWith 2024 looming, and Americans dreary on the economy, Bidenomics is still an elusive beast. Americans who are not part of targeted populations receiving these grants are left to contend with sky-high prices on their own.

Persons: Bradley Bonds, Bonds, Joe Biden's, Bidenomics, Biden, it's, Alice Stewart, It's, Stewart, Gallup, Rose Carter, Carter, Jodi Cutaiar, —, there's, Max Berger, Elizabeth Warren's, Berger Organizations: Service, Fire, Congressional, CNN, Bidenomics, Alliance for Congregational, Rescue Plan, Biden, American, Companies, Justice Democrats, Republican Locations: Wall, Silicon, South Carolina, Middle America, Carolina, Phoenix, Pennsylvania, Ohio

☆ A looming childcare cliff could cost families $9 billion in earnings and leave millions of kids without care. Democratic lawmakers want to avoid a crisis.
▼ + stars: | 2023-09-13 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The Child Care Stabilization Act would allocate $16 billion to childcare annually for five years to aid providers. At the same time, childcare workers are facing low pay and tough conditions; they have previously told Insider that the industry needs even more subsidizing. AdvertisementAdvertisement"It is the thing that we pay the most money for," she previously told Insider . She's not alone: Other parents have told Insider that high costs for scarce childcare have led them to drop out of the workforce completely. AdvertisementAdvertisement"Right now we have a childcare crisis with ARPA funding," Rep. Jimmy Gomez of California, a member of the Congressional Dads Caucus , said.

Persons: Joe Biden's, Sen, Patty Murray, Katherine Clark, Paige Connell, She's, Kaitlin Peterson, Jimmy Gomez Organizations: Rescue, Service, Democratic, Century Foundation, unsustainably, Department of Labor, ARPA, Congressional, Caucus Locations: Wall, Silicon, Washington, Massachusetts, Denver, Jimmy Gomez of California

WASHINGTON (AP) — Democrats in Congress are pushing for a new round of money to keep the nation’s child care industry afloat, saying thousands of programs are at risk of closing when federal pandemic relief runs out this month. Without a new lifeline, child care programs serving millions of families could close or increase prices. A June report from The Century Foundation found that without additional money, about 70,000 child care programs would probably have to shut down after this month. The average annual price for U.S. child care in 2022 was $10,800 per child, according to Child Care Aware of America, a nonprofit advocacy group. President Joe Biden has called for expanded child care support, but his biggest proposal stalled amid a polarized Congress and Democratic infighting.

Persons: ”, Sen, Patty Murray, Bernie Sanders of, Catherine Clark of, Cynthia Davis, Davis, “, Joe Biden, Clark Organizations: WASHINGTON, —, American, Republican, Bernie Sanders of Vermont, The Century Foundation, D.C, Department of Health, Human Services, Century Foundation, Democratic, Democratic holdouts, Congress, Associated Press, Foundation, AP Locations: Catherine Clark of Massachusetts, . Arkansas , Montana , Utah, Virginia, West Virginia, Washington, Washington ,, America

☆ The typical NYC family is spending more than 25% of its income on childcare — triple what's deemed affordable
▼ + stars: | 2023-09-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

New York City families are spending over a quarter of their income on childcare. The typical New York City family is spending over 25% of its income to pay for the childcare of just one kid, according to data from the Department of Labor . For its New York City childcare expenses to meet the federal standard for affordability, a family would need to earn roughly $300,000 per year. AdvertisementAdvertisementCindy Lehnhoff, director of the National Child Care Association, previously told Insider that more funding — not changing ratios — is what's necessary to resolve the national crisis. Are you struggling to afford childcare or finding creative solutions?

Persons: Robin Hood, Taryn Morrissey, Cindy Lehnhoff, Lehnhoff Organizations: Service, Department of Labor, New, Robin Hood Foundation, American, Century Foundation, American University, National Child Care Association Locations: York City, Wall, Silicon, New York City, New, Kansas

☆ Opinion | Why Is Joe Biden So Unpopular?
▼ + stars: | 2023-09-09 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

The woke wars and Covid battles that disadvantaged Democrats are no longer central, and the post-Roe culture wars seem like friendlier terrain. Biden’s foreign policy team has defended Ukraine without (so far) a dangerous escalation with the Russians, and Biden has even delivered legislative bipartisanship, co-opting Trumpian promises about industrial policy along the way. The hope has to be that inflation continues to drift down, real wages rise consistently and in November 2024, Biden gets the economic credit he isn’t getting now. Across multiple polls, Biden seems to be losing support from minority voters, continuing a Trump-era trend. — much as culturally conservative white Democrats drifted slowly into the Republican coalition between the 1960s and the 2000s.

Persons: Biden, Trumpian, isn’t, wokeness Organizations: Democratic, American, Democrats, African, Republican Locations: Ukraine

☆ Huge government spending is undermining the Fed's inflation battle, markets guru Larry McDonald warns
▼ + stars: | 2023-09-01 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Massive government spending is fueling inflation, according to markets guru Larry McDonald. "Washington is stepping on the gas and the brakes at the same time," he said Thursday. McDonald’s warning comes with the Federal Reserve’s chosen inflation gauge still running clear of its 2% target. "Let's 'fight inflation' with government spending up 10-15% year over year, a trending $1.7 trillion federal deficit for 2023," the Bear Traps Report founder said on X Thursday. "No one is calling them out… Washington is stepping on the gas (colossal deficit spending) and the brakes (epic rate hikes) at the same time," McDonald added.

Persons: Larry McDonald, McDonald, Biden, Nobel, Paul Krugman Organizations: Federal, Service, Fed, Biden, American Locations: Washington, Wall, Silicon, America

☆ Exclusive: Deputy Treasury chief Adeyemo says US well-prepared to weather China headwinds
▼ + stars: | 2023-08-24 | by ( David Lawder | ) www.reuters.com time to read: +2 min

Adeyemo told Reuters during a visit to the Chickahominy Tribe in southeastern Virginia that the Treasury is closely monitoring economic developments in China, where growth is faltering amid a worsening property slump, weak consumer spending and tumbling credit growth. "You're seeing the Chinese economy demonstrate weakness that has global implications. Because of the decisions we've made, we're probably best prepared to deal with the headwinds that this has created," Adeyemo said, referring to the United States. These investments will help the U.S. economy overcome the headwinds created by slower growth and demand in China, the world's second-largest economy, he said. "We're going to continue to monitor what's happening there, but our goal really is to make sure that we take the steps here to make sure the American economy can grow despite the headwinds," Adeyemo said.

Persons: Wally Adeyemo, Adeyemo, we've, we're, David Lawder, Jonathan Oatis Organizations: ., Reuters, Treasury, COVID, U.S, Thomson Locations: PROVIDENCE FORGE , Virginia, U.S, Chickahominy, Virginia, China, United States, Asia, Beijing

☆ First on CNN: Biden wades into GOP primary with $25 million ad blitz, starting with economy focus
▼ + stars: | 2023-08-20 | by ( Arlette Saenz | ) edition.cnn.com time to read: +6 min

Washington CNN —President Joe Biden is preparing to blanket the airwaves with a $25 million television and digital ad campaign in battleground states this month, campaign officials told CNN, as Republicans are set to face off in their first presidential primary debate. That same poll found only 37% of Americans approve of Biden’s handling of the economy and even fewer – 30% – approve of his handling of inflation. Biden’s ad push, which will include several forthcoming ads, will run for 16 weeks on broadcast and cable television in the battleground states of Arizona, Georgia, Michigan, Nevada, North, Carolina, Pennsylvania, and Wisconsin, officials said. Still, the Biden campaign is taking steps to tie the GOP candidates on stage to Trump’s “MAGA” agenda” on both the airwaves and on the ground in Wisconsin, campaign officials said. In Washington, the DNC and the Biden campaign will set up a messaging “war room” to provide rapid response throughout the debate.

Persons: Joe Biden, Donald Trump, Trump’s “ MAGA, ”, Biden, MAGA, Michael Tyler, “ MAGA, Trump, Tucker Carlson, ” Tyler, Cedric Richmond, Harris ’, ” Julie Chavez Rodriguez Organizations: Washington CNN, CNN, America, Trump, Infrastructure Law, American, Republican, GOP, Biden, NFL, YouTube, Hulu, Fox News, Democratic National Committee, Richmond, DNC, “ Locations: Arizona , Georgia, Michigan, Nevada, North, Carolina , Pennsylvania, Wisconsin, Florida, Milwaukee, Waukesha, Washington

☆ Thousands of student-loan borrowers celebrating Biden's latest debt relief might have to pay taxes on it in these 5 states
▼ + stars: | 2023-08-17 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Biden recently announced student-debt relief for over 800,000 borrowers on income-driven repayment. The American Rescue Plan said debt relief will not be subject to federal taxes through 2025. While most states adopted the same guidance, some states could tax the latest relief. However, states can choose whether to craft their tax laws in accordance with federal law — and while most states have chosen not to tax debt relief, some have. Along with the varying state laws, the blog said that borrowers who receive debt relief through Public Service Loan Forgiveness are exempt from taxes, along with those who receive relief if their school closed down.

Persons: Biden, Joe Biden's, — Organizations: American, Plan, Service, Joe Biden's Education Department, of Education, Mississippi North Carolina Indiana Wisconsin, Arkansas Revenue, Tax Foundation, Public Locations: Wall, Silicon, Mississippi North Carolina, Mississippi North Carolina Indiana Wisconsin Arkansas

☆ Opinion | Goldilocks and the Bidenomics Bears
▼ + stars: | 2023-07-31 | by ( Paul Krugman | ) www.nytimes.com time to read: +2 min

In fact, it looked more or less as if it had been written by Democrats, which, to a large extent, it was. The economy had not yet fully bounced back from Covid, so there was a strong case for doing something. Do too much and the economy might overheat, leading to excessive inflation. Notice that I said “excessive” inflation. Trying to keep the overall price level stable would have required outright deflation in some sectors, which would have meant sustained high unemployment.

Persons: Covid, Donald Trump Organizations: Federal Reserve, White House Council, Economic Locations: Covid

Supporters of student debt forgiveness demonstrate outside the U.S. Supreme Court on June 30, 2023, in Washington, DC. Student loan forgiveness is federally tax-free through 2025 because of a provision from the American Rescue Plan of 2021, Biden's $1.9 trillion Covid-19 stimulus package. While the Tax Foundation estimated that seven states could tax student loan forgiveness in August 2022, it's still possible to see legislative changes. "No one wants to be the state that's taxing loan forgiveness," Miller added. While public service loan forgiveness has always been tax-free, the current taxation for income-driven repayment plans is only temporary.

Persons: Olivier Douliery, Biden, Ethan Miller, Miller, it's, Becca Craig, Lee Reams Sr Organizations: U.S, Supreme, AFP, Getty, American, Planning, Progress, D.C, Tax Foundation, Strategic Wealth Locations: Washington ,, Washington, Kansas City , Missouri

☆ JPMorgan Chase CEO Jamie Dimon isn’t a fan of ‘Bidenomics’
▼ + stars: | 2023-07-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

New York CNN —Jamie Dimon isn’t sold on “Bidenomics.”“I’d be careful about that,” said Dimon, CEO of JPMorgan Chase, in reference to president Joe Biden’s economic theory that rejects “trickle-down” policies in favor of focusing on the middle class. In an interview with The Economist released Tuesday, Dimon classified Bidenomics largely as industrial policy – a strategy that specifically encourages or subsidizes particular industries, such as manufacturing. He said he’s in favor of some industrial policy lately, for the first time in his life, but only as it relates to national security and competitiveness. Although Dimon said he’s worried about a possible second Donald Trump presidential term, he said he doesn’t intend to run for office. At least for now, though, the “big storm clouds” Dimon warned about last year only “partially hit,” he said.

Persons: Jamie Dimon isn’t, I’d, ”, Dimon, Joe Biden’s, Dimon’s, “, Bidenomics, ” Dimon, he’s, Donald Trump Organizations: New, New York CNN, JPMorgan Chase Locations: New York

☆ Biden advisor defends stimulus and inflation surge: 'The real cause was the global pandemic'
▼ + stars: | 2023-07-10 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +1 min

watch nowThe Covid-19 pandemic, rather than Joe Biden's economic policies and stimulus packages, is the "real cause" of high inflation, according to a member of the U.S. President's Council of Economic Advisers. "Had we done that, and the United States' inflation spiked higher than anyone else, well, maybe you could make the case that it was about that policy," Boushey added. "But the reality is, is that that isn't what happened — yes, the United States had inflation, but so did other countries that did not have the same policies." "So the inflation, the real cause was the global pandemic, and that is about the resiliency of our global supply chains." Expanding on her point, Boushey said this was why the U.S. was "making the investments that we need to make."

Persons: Joe Biden's, Heather Boushey, Charlotte Reed, Boushey Organizations: President's, Economic Advisers, American, Congress Locations: Aix, Provence, France, Jan, United States

☆ She's an 'Alien Superstar' — and now she's in housing. Beyoncé joins Kelly Rowland and the city of Houston in support of a new affordable development.
▼ + stars: | 2023-07-07 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

Beyoncé Knowles is teaming up with Kelly Rowland and Houston officials to support a housing project. It was unclear if Knowles and Rowland are investing in the project. However, Knowles and Rowland are among the few that have taken their real estate interests beyond the glitz and glamor of purchasing luxurious homes. With more buyers moving into the area, home prices and rents have surged as residents compete for housing. Given that statistic, he said he's "grateful" for the Knowles and Rowland project.

Persons: Beyoncé Knowles, Kelly Rowland, —, Knowles, Rowland —, Kennedy Sessions, Rowland, LeBron James, Shaquille O'Neal, Queen Latifah, they're, Harris, Lina Hidalgo, Joe Biden's, Houston Pastor, Rudy Rasmus, he's Organizations: Houston, Service, American, Harris County, Hollywood, NBA, Golden Globe, Coalition, Homeless, Census Bureau, Texas Tribune Locations: Houston, Harris County, Midtown, Harris, America

☆ 'Bidenomics' is being used to tout the country's economic progress — but Americans are still waiting for key Democratic priorities like a higher minimum wage and paid leave
▼ + stars: | 2023-06-29 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

President Biden on Wednesday delivered an address about his economic plan, which has been termed "Bidenomics." The remarks touted the US's strong economic data, and the fact that there's more to be done. But with all the talk on the president's accomplishments, it's hard not to notice key items still on Democrats' to-do list. Still, Biden promised he would enact free community college before he leaves the White House. "And if I don't, I'll be sleeping alone for a long time," he said, likely referring to his wife, Dr. Jill Biden, who is a community college teacher.

Persons: Biden, —, Joe Biden, Lael Brainard, FDR, it's, Joe Manchin, Still, Anderson Cooper, Jill Biden, That's, they've Organizations: GOP, Service, Wednesday, US, Economic, Gallup, Republicans, Democrats, Democratic, American, CNN Locations: Chicago

And while Biden’s growing list of Republican challengers differ on many issues, when it comes to the economy, they’re in agreement that Biden failed. In addition, a tight labor market has left many small businesses with ongoing hiring difficulties. Here’s what Biden can take credit for – and what he can’t. In other aspects, the labor market certainly had a boost from Biden’s fiscal policies. Since then, the American workforce has consistently outpaced the pre-pandemic workforce.

Persons: Joe Biden, “, ” Biden, Biden, Jerome Powell, ”, Ben Bernanke, Olivier Blanchard, It’s, it’s, let’s, That’s Organizations: DC CNN, Wednesday, Federal Reserve, –, Congress, American, Manufacturers, Treasury Department, P Global, Institute for Supply Management, Bureau of Labor Statistics, Republicans, Fed, International Monetary Fund, Brookings Institution, Biden, European Central Bank, Federal Reserve Bank of New Locations: Washington, Chicago, American, United States, Ukraine, Federal Reserve Bank of New York

☆ The childcare crisis is about to get worse as 3.2 million kids are set to lose care starting this fall
▼ + stars: | 2023-06-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

A report highlights just how much worse the childcare crisis may get after ARPA stabilization funds end. 3.2 million children could lose a childcare spot, per the analysis from The Century Foundation. The Century Foundation found that about 3.2 million kids in the US may lose a childcare spot when these funds end, although the projected losses might not happen all at once. "The ARPA stabilization funds that staved off the child care sector's collapse will come to an abrupt end in September 2023," the report stated. And while The Century Foundation report notes that "many states have taken proactive measures" to help out the industry, Americans are concerned.

Persons: — Organizations: Century Foundation ., Service, Century Foundation, American, The Century Foundation Locations: Century Foundation . Texas, Texas, New York, Washington

☆ Watch President Biden address the state of the US economy
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch President Biden address the state of the US economyPresident Biden delivers a speech on the economy, focusing on the bipartisan infrastructure law, bringing back American manufacturing, and combating unemployment with the American Rescue Plan.

Persons: Biden Organizations: Email, American

☆ Here’s how much each state will get in the $42.5 billion broadband infrastructure plan
▼ + stars: | 2023-06-26 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

And it reflects months of work by the US government to design new and updated broadband maps showing which areas of the country remain unserved or under-served. The updated maps allowed the US government to calculate which states had the greatest need for broadband funding and to distribute the infrastructure law’s resources accordingly. States and territories may begin applying for the funds as soon as July 1, the White House said. And it complements another $23 billion across five separate broadband access programs included in the legislation, such as a program specifically aimed at Tribal connectivity and another for low-income households. Monday’s announcement marked the launch of a three-week nationwide tour by President Joe Biden and other White House officials to tout the administration’s economic plan.

Persons: Washington CNN —, Biden, Joe Biden Organizations: Washington CNN, US, US Virgin Islands, Broadband Equity, Federal Communications Commission, Commerce Department, American, White Locations: Texas, California, US Virgin, States, Alabama, Georgia, Louisiana , Michigan , Missouri, North Carolina , Texas, Virginia, Washington

Search resuls for: "American Rescue Plan"

25 mentions found