buildbackbetteract
The Senate parliamentarian, Elizabeth MacDonough, has rejected the Democratic plan to include immigration reform on the proposed social spending bill known as the Build Back Better Act. As a result, Democratic legislators struggle to find an alternative way to enact the desired reform. The bill, which was passed by the House, included a provision for approximately 6.5 million undocumented immigrants. It would extend these individuals’ work permits and provide temporary protection against deportation. However, the parliamentarian has ruled that this provision does not comply with the Senate’s r...
uPolitics.com
It does not feel like the most wonderful time of the year for Wall Street. US stocks are not seeing a Santa Claus rally and in fact remain stuck in the COVID house of pain. Senator Manchin played the Grinch this weekend when he said he won’t vote for President Biden’s Build Back Better Act. Q3 2021 hedge fund letters, conferences and more A deal could still happen in January as many traders remain optimistic that Senator Manchin is willing to work with the Biden administration. Last week he reportedly made an offer to support a $1.8T 'Build Back Better' bill that included universal pre-K and c...
ValueWalk
The Biden administration may not come up with any more stimulus checks this year, but it is certainly working on extending ongoing monthly coronavirus stimulus checks in 2022. On Friday, House Democrats approved the Build Back Better Act, bringing a one-year extension of the enhanced child tax credit (CTC) closer to reality. Q3 2021 hedge fund letters, conferences and more How Can You Get Monthly Coronavirus Stimulus Checks In 2022?Biden’s American Rescue Plan in March increased the child tax credit payment to $3,600 for kids below 6 years and $3,000 for kids between the ages of 6 and 17 years...
ValueWalk
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