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Emerging from pandemic lockdown is shaping up to be pricey
Emerging from pandemic lockdown is shaping up to be pricey. Traveling, eating out and even refreshing your wardrobe costs more, per April inflation data out today.
Why it matters: The economy is reopening and suddenly Americans want in on the activities they've gone a year without. The data shows how much that sudden demand has helped push prices higher — at least for now.
Why infrastructure talks are setting climate advocates up for an anxious summer
Infrastructure talks between the White House and Congress have entered a phase that's making climate advocates extremely nervous.
Why it matters: Environmental groups and even some Democratic lawmakers are increasingly vocal with their fears that the White House will jettison central components of President Biden's climate plan during the talks, which could cause the U.S. to fall short of its new emissions targets.
Biden's infrastructure deal gives no clarity on corporate or individual tax rates
President Biden yesterday announced "we have a deal" on an infrastructure bill, while surrounded by a bipartisan group of senators in the White House driveway.
Between the lines: No they don't. Unless you want to make the word "deal" as squishy as the word "infrastructure" has become.
Biden: U.S. military mission in Afghanistan will end Aug. 31
The United States' military mission in Afghanistan will conclude on Aug. 31, President Biden announced Thursday during an update on the withdrawal from Afghanistan amid increasing instability and violence in the country.
Why it matters: Biden said his administration will start finding and transporting Afghan nationals who helped U.S. forces during the Afghanistan War to host countries while they wait for U.S. visas this month.