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Showing 1 - 10 of 105 results for "Democrats"

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... devastated, millions of jobs lost. It also protects key priorities and accomplishments and values that Congressional Democrats and I have fought long and hard for," he said. The agreement has been passed to the United States House and Senate. "I strongly ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... partisanship. "Today's supercharged political partisanship - with Republicans controlling the House of Representatives and Democrats controlling the Senate and the White House - has only served to heighten market concerns that we might not see a ...

Federal Reserve raises rates 0.75%

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... ultimate level of interest rates will be higher than previously expected. Meanwhile, earlier this week, an outfit of Senate Democrats, including Elizabeth Warren, and Bernie Sanders, expressed concern about the Fed's intention to continue raising interest ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

You can't hate Trump but love the S&P 500: Research

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... investment in S&P 500 stocks as new research shows these companies are likely to donate more to the Republicans than to the Democrats. Goods Unite Us mapped political donations from S&P 500 companies to political parties and found 54% of them donated ...

Chief economist update: Biden cooks Donald's duck

BENJAMIN ONG  |  MONDAY, 9 NOV 2020
... president who seeks not to divide, but to unify. Who doesn't see red and blue states, but a United States...," he said. Democrats, Republicans and independents. Progressives, moderates and conservatives. Young and old. Urban, suburban and rural. ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... executive order on Saturday, following through on a threat to act unilaterally if the White House and congressional Democrats failed to secure a deal on a fifth coronavirus relief package. Trump authorized states to pay $400 per week in additional benefits ...

Former ambassador assesses US-China trade deal

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
... 10%) starting March 2. "This is not a Trump issue - we tend to talk about it like that but it is a bi-partisan view of democrats and republicans, the congress and most of the business community in the US who share a view that something needs to be done ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
... super accounts, will come into effect from 1 July 2018. The First Home Super Savers Scheme was supported by Liberal Democrats senator David Leyonhjelm after an amendment to ensure a review of the scheme after 18 months was added. Related story: First ...

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... have been delayed but, it won't be denied. Self-interest and self-preservation dictate that neither political party - Democrats and Republicans - would want to be known as the party that killed the tax cuts. But even without a reduction in taxes, the ...
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