Your guide to how Washington shapes business and the economy

| FRI, OCT 15, 2021 | | | Hello, A presidential panel appears split over whether there should be more justices added to the Supreme Court. President Biden's vaccine rules for workplaces are expected soon. Democrats in Congress are tinkering with their social safety net and climate change spending plan. And former President Clinton was admitted to the hospital. Here are some stories we're following at CNBC Politics: - SCOTUS debate: Biden's commission studying potential reforms for the Supreme Court released documents that indicated it was split over whether more justices should be added to the bench.
CNBC Supreme Court reporter Kevin Breuninger writes: "The draft materials came out as the court, facing all-time low approval ratings, is set to deliver rulings in pivotal cases that center on politically polarizing issues, including abortion, guns and religion. A growing chorus of critics — especially those furious with the tactics used by Republicans to appoint the three most recent justices — have called to expand the size of the bench."
- Vaccine mandate is coming soon: The Occupational Safety and Health Administration submitted its proposal for workplace vaccine mandates for final review earlier this week. The rules could go into effect soon, and businesses (and Biden's political opponents) are girding themselves.
CNBC news editor Spencer Kimball writes: "Led by Texas Gov. Greg Abbott, Republican-run states are already gearing up to challenge the legality of the Biden administration's vaccine mandate for private companies before the Labor Department has even published the rules."
- Progressive push: The Democratic caucus is split over Biden's big economic bill, which would spend hundreds of billions of dollars on social safety net enhancements and programs to fight climate change. But negotiations continue, nonetheless, as centrists such as Sen. Joe Manchin push for a smaller deal. So, the size of the so-called Build Back Better bill will likely have to come down from $3.5 trillion. Progressives in the House are worried that cuts will eliminate proposed initiatives.
CNBC politics reporter Jacob Pramuk writes: "The lawmakers called for universal programs, rather than so-called means testing that would make only some people eligible based on income or other standards. Manchin and other Democrats have urged party leaders to set guidelines for eligibility in order to curb spending." Thanks for reading CNBC Politics. Thoughts? Tips? Email us at CNBCPolitics@nbcuni.com. Have friends or colleagues who might like this newsletter? They can sign up here. |
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