The standoff could wreak havoc with the U.S. economy
Senior administration officials said the effort stemmed from national security goals rather than economic interests
In re-election speeches, U.S. president says his agenda has triggered a resurgence in factory work
Some investors are getting worried after more than three months have passed with little progress
A prolonged period of slower activity is projected
New tax on the ultra wealthy would include ``unrealized gains''
President Joe Biden outlined Thursday a US$1.75-trillion framework
The Biden administration has issued a report with plans to protect the financial, insurance and housing markets
The extra revenue would fund infrastructure such as roads and broadband
The economy struggled under the weight of the viral pandemic