Capitol Report: Key report on NAFTA successor finds deal would make only a slight boost to economy

While Republican and Democratic leaders say they’re close to a deal on a coronavirus bill, analysts are stressing the latest legislative effort isn’t designed to deliver a big boost to the economy or markets......»»

The Senate's top Republican on Wednesday says there is a desire in both parties to make a deal on infrastructure, but stresses after a meeting with President Joe Biden that the GOP will reject tax increases to pay for it......»»

President Joe Biden on Monday afternoon is due to make a speech on the U.S. economy, with the remarks coming before meetings with lawmakers on Wednesday and Thursday about his plans for big spending on infrastructure and social programs......»»

While Democrats have publicly portrayed the bill as simply carrying out President Donald Trump's desire to boost the payments to $2,000 per individual from the stimulus' $600 amount, it includes another provision that will make it more expensive......»»

While Democrats have publicly portrayed the bill as simply carrying out President Donald Trump's desire to boost the payments to $2,000 per individual from the stimulus' $600 amount, it includes another provision that will make it more expensive......»»

Congress appeared Monday to be heading toward approval of a multitrillion mammoth year-end bill that would provide a boost for the economy and provide funding for the government through next fall......»»

Tesla, General Motors and other players in the electric-vehicles sector come up short in the scramble around a year-end tax package. ......»»

President Donald Trump took aim at the Federal Reserve and touted U.S. job creation in a speech Tuesday at the Economic Club of New York, as investors watched the address for possible clues on the direction of a U.S.-China trade deal......»»

It turns out that students from other countries provide a significant boost to Hawaii's economy — to the tune of $447 million, according to a report from the state Department of Business Economic Development and Tourism that was released Wednesda.....»»

The 25-year-old NAFTA trade deal with Mexico and Canada could stick around for a while if Democrats proceed to impeach President Trump......»»

Thanks to aggressive government and central bank action, the 10-year-old U.S. economic expansion will set a record next month by becoming the longest ever. But the cost of such policies, including high debt, may not make them worth it......»»

Politico reports House Democratic leaders sparred internally on Monday over whether to begin an impeachment inquiry against President Donald Trump, with Speaker Nancy Pelosi and her allies rejecting the call to move forward for now......»»

A replacement deal for Nafta may not get legislative approval without a change to key tariffs, warns Sen. Chuck Grassley. Meanwhile, Juul’s lobbying in states reportedly runs counter to its promise to curb youth vaping......»»

Before a replacement deal for Nafta takes effect, Mexico needs to prove it will enforce labor reforms that it’s in the process of enacting, said AFL-CIO President Richard Trumka on Tuesday, detailing a key objection to the USMCA......»»

Before a replacement deal for Nafta takes effect, Mexico needs to prove it will enforce labor reforms that it’s in the process of enacting, said AFL-CIO President Richard Trumka on Tuesday, detailing a key objection to the USMCA......»»

British Foreign Secretary Boris Johnson tells President Donald Trump not to scrap the Iran nuclear deal; a budget expert says Trump’s spending-cut plan will be a ‘PR stunt’; and Nafta talks start back up in Washington this week......»»

Talks among the U.S., Canada and Mexico on revamping the North American Free Trade Agreement are continuing but it appears unlikely there’s enough time for the U.S. Congress to vote on a deal before the end of the year, analysts say......»»

Service-oriented companies in the U.S. that employ most of America grew faster in May in another sign that the economy is speeding up again......»»

President Trump is fighting prevailing trade winds to restore a seemingly bygone golden era for American manufacturers and give the U.S. economy a long-term boost. But he’s probably tilting at windmills, new research suggests......»»

Business cycles often go bust due to overinvestment. But what happens to a strong economy when there isn’t that sort of boom in investment?.....»»