Stories tagged: "economy"
Governor Josh Shapiro is keeping a promise he made to businesses across the commonwealth by creating a new office to streamline permit processes and expedite reviews and key incentive programs.
The debt ceiling is a numerical limit, set by Congress, on how much money the federal government can borrow to pay its bills. Increasing the debt ceiling is a routine congressional task, but Republicans want to hold it hostage to make cuts to Social Security and Medicare, even though failing to raise the limit would cause massive economic devastation.
Under Democratic control, the federal government acted to lower healthcare and prescription drug costs; fight climate change and lower energy costs; invest in gun safety and mental healthcare; and implement a generational investment in American industry, manufacturing, and infrastructure.
Democratic lawmakers tried to pass a second bill that would have added paid sick days to the agreement, but were unable to reach the 60-vote threshold needed in the Senate, due to most Republican senators opposing the measure.
Your Thanksgiving meal with friends and family could cost you upwards of 20% more this year, depending on where you’re eating it.
Republicans have said they want to extend the Trump tax cuts, which mostly benefited billionaires and corporations; cut spending on Social Security and Medicare; and repeal the Inflation Reduction Act, which lowered the cost of prescription drugs and raised taxes on corporations.
If Democrats can make sizable gains on the Republican majority in Harrisburg this election, maybe we’ll finally see some movement on the minimum wage.