Fall

Republicans are balking at how much state aid is in Biden's stimulus, but Democrats maintain it's necessary for a full recovery

1 month ago   |   By Business Insider

Sen. Mitt Romney is one of the moderates who claimed state aid in the stimulus is excessive.
Caroline Brehman/CQ-Roll Call, Inc via Getty Images
Biden's stimulus includes $350 billion in state and local aid, but tax revenues are only slightly down.
Democrats argue that more state aid is needed to ensure long-term economic recovery.
Critics say aid should be further targeted. States surprisingly haven't lost much tax revenue - yet.
Visit the Business section of Insider for more stories .
President Joe Biden wants to pump billions of federal stimulus into state and local governments as part...
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Here's why Democrats want to bring back earmarks and Republicans want to ban them forever

1 month ago   |   By Business Insider

Sen. Marco Rubio .
Joe Raedle/Getty Images/Bloomberg via Getty Images
Democrats want to bring back earmarks, but face strong opposition from Republicans.
Republicans, who banned earmarks a decade ago, want to permanently do away with them, citing past abuses.
Democrats argue that members of Congress use them to receive funding for community projects.
Visit the Business section of Insider for more stories .
Earmarks used to be a major - and controversial - tool for getting difficult legislation passed through Congress, but that all changed a decade ago. Now it could be changing back again...
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