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Today’s Date
6 February 2023
JOSH BOAK, AP Economics Writer
Treasury Buys Time For Gov’t on Debt Limit
by
JOSH BOAK, AP Economics Writer
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Jan 19, 2023
WASHINGTON (AP) — The countdown toward a possible U.S. government default began Thursday with Treasury implementing accounting measures as a stopgap, while frictions between President Joe Biden and House Republicans raise alarms about whether the U.S. can sidestep...
How Ominous Is the Debt Limit Problem?
by
JOSH BOAK, AP Economics Writer
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Jan 18, 2023
WASHINGTON (AP) — On the brink of hitting the nation’s legal borrowing limit on Thursday, the government is resorting to “extraordinary measures” to avoid a default. Sounds ominous, right? But — take a breath — the phrase technically...
Biden to Call for 3-Month Suspension of Gas Tax
by
JOSH BOAK, AP Economics Writer
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Jun 22, 2022
WASHINGTON (AP) — President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant to ease financial pressures at the pump that also reveals...
Biden to Oil Refineries: Produce More Gas
by
JOSH BOAK, AP Economics Writer
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Jun 15, 2022
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump....
Biden’s Inflation Plan: Bring Jobs Back to U.S.
by
JOSH BOAK, AP Economics Writer
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Mar 9, 2022
WASHINGTON (AP) — President Joe Biden has a solution for high inflation that seems counterintuitive: Bring factory jobs back to the U.S. This challenges a decades-long argument that employers moved jobs abroad to lower their costs...
Biden Plans to Showcase Baltimore Port
by
JOSH BOAK, AP Economics Writer
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Nov 10, 2021
BALTIMORE (AP) — With Americans facing the highest annual inflation rate in decades, President Joe Biden is trying to persuade the country his infrastructure economic plans can fix the problem. The president heads to the Port...
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