by Davis Giangiulio | Apr 19, 2023 | Politics, Topics
WASHINGTON — In March 2020, the economy was grinded to a halt, as the COVID-19 pandemic forced sudden widespread shutdowns of businesses. As Congress watched the economy fall off the cliff, it responded by doing something lawmakers have resisted since the 1960s: a...
by Davis Giangiulio | Mar 27, 2023 | Featured, Politics, Topics
WASHINGTON — President Joe Biden has long been vocal about lowering drug prices nationwide, but his plan has avoided a part of the problem. Pharmacy Benefit Managers, or PBMs, comprise a $450 billion industry and are crucial in determining the costs consumers pay at...
by Davis Giangiulio | Mar 18, 2023 | Featured, Politics, Topics
In 2011, then-President Barack Obama and House Speaker John Boehner were prepared to cut Social Security and Medicare in order to support a bipartisan deal to raise the debt limit. The deal didn’t become reality, but it showed both parties were prepared to slash these...
by Davis Giangiulio | Feb 21, 2023 | Business, Featured
WASHINGTON — Amid increased scrutiny of the actions of big tech, the U.S. Supreme Court heard oral arguments in the first of two cases on Tuesday that could alter how the law protects internet companies. The case, Gonzalez v. Google LLC, involves the family of an...
by Davis Giangiulio | Feb 15, 2023 | Environment, Featured
WASHINGTON — Senators on Wednesday grappled with the already-existing and looming-future economic costs of climate change, and how to prevent them. At a Budget Committee Hearing, experts delivered testimony that revealed a concerning state that America is in:...
by Davis Giangiulio | Feb 7, 2023 | Business, Featured
WASHINGTON — Boosted by a strong jobs report last week and declining inflation, President Joe Biden in his second State of the Union Address touted his economic plan which he says is working. Despite suffering a difficult first two years in office with the highest...
by Davis Giangiulio | Feb 2, 2023 | Featured, Politics, Topics
WASHINGTON — After weeks of early conversation about how Congress and the White House will tackle raising the debt limit this year, House Speaker Kevin McCarthy (R-Calif.) and President Joe Biden met on Wednesday to discuss the issue for the first time. The highly...
by Davis Giangiulio | Jan 31, 2023 | Environment, Featured
WASHINGTON — Members of Congress grappled with the intersection between energy and national and economic security on Tuesday along with the environmental impacts of energy expansion. In the first House Energy and Commerce Committee hearing of the 118th Congress,...
by Davis Giangiulio | Jan 26, 2023 | Featured, Politics
WASHINGTON — House Minority Leader Hakeem Jeffries (D-N.Y.) praised President Joe Biden’s track record on the economy while voicing frustration with House Republicans’ economic proposals on Thursday. Jeffries touted the economic achievements of Biden’s first two...
by Davis Giangiulio | Jan 26, 2023 | Business, Featured
WASHINGTON — The debate over raising the U.S. debt limit is poised to be one of the hottest fights to hit Washington this year, and will feature a cast of characters both widely and lesser known to investors and everyday Americans. President Joe Biden and House...
by Davis Giangiulio | Jan 19, 2023 | Business, Featured
WASHINGTON — Sen. Bernie Sanders (I-VT) took his national message local on Thursday as he addressed Mayors at a panel on innovation and workforce development at the United States Conference of Mayors. Sanders, a former mayor himself of Burlington, Vermont, spoke...