A provision in the reconciliation bill would require banks to report inflows and outflows of amounts greater than $600,000 to the IRS.
House Speaker Nancy Pelosi (D-Calif.) said she’s “very disappointed” Democrats are not going ahead with the proposed $3.5 trillion reconciliation bill. During a press conference this week, she claimed the spending package would have been very transformative, but insisted it will still lead to extensive reform.
California Rep. Maxine Waters (D) is blasting Democrat Senators Joe Manchin (D-W.Va.) and Kyrsten Sinema (D-Ariz.) over their hesitation toward Joe Biden’s multi-trillion-dollar reconciliation bill.
A new point of contention has surfaced for the already divided Democrat Party in the debate over the $3.5 trillion spending plan, that being the Hyde Amendment. Joe Biden took a weak stance on whether abortions should be federally funded on Tuesday.
Joe Biden has continued to shift blame as the U.S. teeters on the brink of an economic catastrophe. While speaking from the White House Monday, he made his case for raising the debt ceiling by blaming 45th President Donald Trump as well as Republicans for spending too much and playing procedural games.
Joe Biden signed the stopgap bill, in turn, avoiding a government shutdown. The legislation reached Biden’s desk just hours before the shutdown deadline Thursday night. Government programs and agencies will now be funded through December 3.
Congressman Drew Ferguson rips the Democrats’ $3.5 trillion reconciliation package, saying this bill could be bad for American workers.
Joe Biden is attempting to drum up support for green energy mandates in the Democrat’s reconciliation bill. One America’s Jasmin Hovey has more.
The House Energy and Commerce Committee had a hearing on the Democrat budget reconciliation bill. One America’s John Hines caught up with multiple GOP members and has more from Washington.