Monday, November 18, 2024
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Author Archives: Stonecom Interactive

Democrats unveil $3.5 trillion “human infrastructure” budget proposal

Democrats unveiled a major budget plan Tuesday advancing President Joe Biden’s ambitious agenda, a day after the president slammed voting changes in GOP-led states. The $3.5 trillion-proposal would expand Medicare, address climate change and focus on other progressive items. CBS News senior White House and political correspondent Ed O’Keefe joins CBSN with the latest developments. Source

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Inflation surge driven by increase in used car and gas prices

The latest report from the U.S. Department of Labor shows the Consumer Price Index jumped to 5.4%, the largest increase in 13 years. Experts say the rise is being driven in part by an increase in prices of used cars, gas and hotel stays. Mark Zandi, chief economist with Moody’s Analytics, joined CBSN to explain the reasons for the spike and his predictions for the coming year. Source

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