What Happens If the U.S. Defaults on Its Debt?
SmartAsset via Yahoo Finance· 2 days agoThe debt ceiling is a limit that Congress imposes on how much debt the federal government can carry at any given time. When the ceiling is reached, the...
Is the world’s most important asset market broken?
The Economist via Yahoo Finance· 21 hours agoMore than two centuries later, American politicians are busy undermining Hamilton’s principles. Debt-ceiling brinkmanship has pushed America towards a...
We all know about JobKeeper, which helped Australians keep their jobs in a global crisis. So how...
EconoTimes· 5 hours agoBipartisan support for temporary extra government spending to preserve businesses and jobs through...
Pentagon warns of program delays and testing woes without a new budget
Defense News via Yahoo News· 17 hours ago“We’ve got a wide range of things that are right in the middle of either finishing development or...
Hard-right backtrack on spending levels leaves sour taste for colleagues
Washington Post· 2 days agoUnder a sweltering July heat outside the Capitol, members of the House Freedom Caucus devoted a...
Carl Leubsdorf: Congress avoided shutdown but didn't solve big issues
The Times and Democrat· 2 weeks agoThe new House speaker, Mike Johnson, gave federal workers, U.S. troops and the American people a Thanksgiving and Christmas present: no government shutdown for the rest of the year. “If it makes ...
Trump Slams JPMorgan CEO Dimon For Praising Nikki Haley—Here’s What To Know About Their Years-Long...
Forbes· 5 days agoFormer President Donald Trump bashed JPMorgan Chase CEO Jamie Dimon in a social media post Thursday...
Steve Bannon warns of "firestorm" that could destroy Republicans
Newsweek· 3 days agoSpeaker Mike Johnson, who in late October replaced the vacated Kevin McCarthy, opposed Santos'...
House Freedom Caucus backs off demands for deep spending cuts
Colorado Springs Gazette· 4 days agoThe House Freedom Caucus is no longer demanding as deep of spending cuts to domestic programs and said it would accept the $1.59 trillion, appearing to finally back government
Congress got its Christmas break — and will suffer for it in January
Politico via Yahoo News· 1 week agoSpeaker Mike Johnson may have saved Christmas on Capitol Hill, but Congress will be paying for it in the new year. For the first time in roughly a decade, Washington faces no government ...