The Latest Breaking News from Republican Party

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

WASHINGTON — President Joe Biden on Tuesday said he’ll propose increasing taxes on some upper-income business owners and expanding prescription drug cost controls enacted in last year’s budget reconciliation package as a means of lowering federal deficits and extending Medicare’s solvency.

Trump proves he still controls the Republican Party as CPAC draws to a close

Plan would increase taxes on some upper-income business owners to reduce federal deficits, extend Medicare's solvency.

President Joe Biden’s budget will propose hiking payroll taxes on Americans making over $400,000 per year and allowing the government new power to negotiate drug prices as part of an effort the White House says will extend the solvency of a key Medicare program for another quarter century.

The slim Republican majority in the House of Representatives has just voted to give itself a streamlined way to fire civil servants and shut down federal programs it doesn’t like – outside the standard process of review and debate.

Former Maryland Gov. Larry Hogan announced over the weekend he will not run for president in 2024, but hopes to shape the future of the GOP. He talks to NPR about what he wants to see from his party.

Republicans are competing for attention by ratcheting up anti-LGBTQ speech. The inevitable result is violence

The slim Republican majority in the House of Representatives recently voted to give itself a streamlined way to fire civil servants and shut down federal programs it doesn’t like — outside the standard process of review and debate.

Some House GOP members told Axios that Medicaid changes could be on the table.

Former Maryland Gov. Larry Hogan’s Sunday announcement that he will not seek the Republican Party nomination for president in 2024 likely came as no surprise to anyone who has been following national politics. Sure, there was a time when a governor who achieved extraordinary popularity leading a state that leaned…