Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation’s obligations on time and in full.
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation’s obligations on time and in full.
The US president signs the package into law on Saturday after it cruised through Congress.
In April 2016, then Treasury Secretary Jacob Lew announced a historic change for the $20 bill: Treasury Secretary Jacob J. Lew on Wednesday announced the most sweeping and historically symbolic makeover of American currency in a century, proposing...
Work requirements in two safety net programs for low-income Americans are set to change under the compromise debt ceiling package negotiated by President Joe Biden and House Speaker Kevin McCarthy.
Republicans preserved the discharge petition in the new House rules package, allowing any bill with 218 votes to come to the floor.
The budget deal reached by President Biden and House Republicans on Sunday unexpectedly approves a massive natural gas pipeline vehemently opposed by climate activists.
The proposals — expected to encounter steep Democratic opposition — could add to the deficit at a time when Republicans are preaching austerity.
While you may be used to the political brinksmanship around the debt ceiling today, it wasn't always like this.
The $1.7 trillion omnibus spending package includes a series of provisions that could overhaul the U.S. retirement system and allow Americans to save more.
From work requirements for Medicaid to ending incentives to clean energy, the Republican debt ceiling proposal is a one-stop shop for dumb fiscal policies.
The House has approved the debt ceiling and budget cuts package, sending it to the Senate. President Joe Biden negotiated the deal with Speaker Kevin McCarthy to avert a U.S. default crisis. They worked to assemble a coalition of centrist Democrats and Republicans to push it to approval over blowback from conservatives and some progressives. The U.S. was facing a potentially disastrous default in less than a week if Congress failed to act. Despite deep disappointment from hard-right Republicans that budget cuts don't go far enough, it was approved on a bipartisan House vote with Democrats. The Senate is expected to act quickly by the end of the week.
From work requirements for Medicaid to ending incentives to clean energy, the Republican debt ceiling proposal is a one-stop shop for dumb fiscal policies.
Also in today’s edition … President Biden is in Mexico City today and Tuesday for the North American Leaders’ Summit, with migration, drug trafficking and climate change at the top of the agenda. … Another American export? Bolsonaro supporters assault the presidential office building, Congress and the Supreme Court.
The US president signs the package into law on Saturday after it cruised through Congress.
A bill aimed at tightening oversight of foreign investment in the United States because of concern about China's acquisition of critical technology is headed for a vote this month in the U.S. Senate Banking Committee, the panel said on Friday.
Levies on medical-devices and health-insurance plans are set to take effect in 2018
