Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Bipartisan vote means US infrastructure bill is likely to pass

Published

on

US President Joe Biden’s $1.2 trillion infrastructure bill looks likely to pass following a rare Sunday night session in the Senate

Senate Majority Leader Chuck Schumer says the Democrats are “on track” to pass the bipartisan infrastructure bill.

They also are looking towards a budget resolution that will allow a further $3.5 trillion in government spending.

It comes as a group of Republican and Democratic senators moves to finalise the details of the infrastructure package.

The package will include massive spending for roads, rail, bridges, and other critical areas

The legislation was supposed to be released over the weekend, but last-minute negotiations caused a delay.

However, Schumer says a resolution is “imminent” and he expects the matter to be finalised within a couple of days.

The bill has been gaining momentum for months

This comes after months of lobbying. Early last month, the caucus said it “strongly supports” the Senate infrastructure bill.

The group of 58 lawmakers has equal numbers of Democratic and Republican leaders. Their support follows a challenging few months for the Biden Administration in getting this package off the ground.

Biden’s bipartisan proposal for an infrastructure bill includes $579 billion in funding over the next five years and a total of $1.2 trillion over the next eight years. It will draw on funds acquired from the strengthening of tax laws and leftover money from the coronavirus relief package. 

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Will the Fed reserve’s cautious stance tame inflation or stifle growth?

Published

on

The Federal Reserve opted to keep interest rates unchanged, signalling concerns over the sluggish pace of inflation improvement.

On this episode of Hot Shots – US Fed Reserve aim for 2%, Elon Musk makes a bold Tesla choice, Amazon makes big movies thanks to AI and fast-food restaurants are facing a big issue with customer retention.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #hot shots #ticker today

Continue Reading

News

Bonza Airlines grounded in financial turbulence

Published

on

Navigating uncertainty in Australian aviation

Bonza, a fledgling budget airline, faces uncertainty as it enters voluntary administration, a common occurrence in Australian aviation.

With its sudden cessation of services and aircraft seizure, competition in an industry dominated by a duopoly is disrupted.

Despite transporting over 750,000 passengers within 15 months, regulatory delays hindered its low-cost, low-frequency flight plans until January 2023.

 

Continue Reading

News

How to reduce stress at work

Published

on

The month of May is dedicated to raising awareness about the impact mental health can have on a person’s overall well-being.

For employers looking to maintain productivity amid stubborn economic headwinds, there is a growing focus on fostering a healthy business culture where work-life balance is prioritized.

Numerous organizations dedicated to mental health awareness and services are encouraging business leaders to reevaluate workplace mental health.

Jenni Crumpton Ross, the President and CEO of Kula for Karma joins Veronica Dudo to discuss.
#IN AMERICA TODAY #featured #mentalhealth #mentalhealthawarenessmonth #worklifebalance #workplacementalhealth #business #leaders

Continue Reading
Live Watch Ticker News Live

Trending Now