Democrats

News of New York

Democrats in Senate call for taxation of share buy-backs
13 September 2021
4081
Tax on share buy-backs Democrats in the US Congress want to impose a 2% tax on share buy-backs by companies to raise $270bn to fund the $3.5 trillion welfare bill. On Friday, two senior Democrats in the US Senate introduced a proposal to impose a 2...
Andrew Yang is out of the running for mayor of New York
23 June 2021
4802
New York City mayor's post Businessman Andrew Yang, who previously sought the Democratic presidential nomination, has decided to withdraw from the race for mayor of New York City he started this year. The businessman told su...
US bill for $1.9 trillion in aid under COVID-19 passed the House of Representatives
1 March 2021
3492
COVID-19 bailout bill The US House of Representatives has passed a $1.9 trillion pandemic aid bill put forward by Joe Biden's team. The bill is expected to be approved in the Senate thanks to 50 votes from Democrats. In ...
Congress reaches agreement on $900 billion pandemic aid package
21 December 2020
3346
Helping the economy On Sunday, Democrats and Republicans finally agreed to pass a $900bn package to help the US economy in a pandemic. The new law should be approved by the House, Senate and signed by the White House this week, as the...
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