Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
https://ift.tt/GIN0f2d If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practic...
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Showing posts with label Federal Budget (US). Show all posts
Showing posts with label Federal Budget (US). Show all posts
How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
https://ift.tt/Ipiznw6 The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn...
How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
https://ift.tt/op7tK92 The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn...
Shelby, One of the Senate’s Last Big Spenders, ‘Got Everything’ for Alabama
https://ift.tt/2wKq3Tx Senator Richard C. Shelby made the most of his perch on the committee that controls federal spending. Now he’s leavi...
The U.S. budget deficit is projected to fall to $1 trillion in 2022.
https://ift.tt/zpcTCHi The Congressional Budget Office provided an update on the path for deficits at a moment when the Federal Reserve is ...
Administration moves to make funding for Indian Health Service mandatory.
https://ift.tt/ALTn4ua The budget request for the Indian Health Service calls for increasing the agency’s budget to $9.1 billion, a more th...
Senate Republicans Threaten Shutdown Over Vaccine Mandates
https://ift.tt/3rqoXsM With federal funding set to lapse on Friday, President Biden’s mandate for large employers has emerged as a sticking...
Pelosi Predicts Thursday Vote on Biden’s Ambitious Social Policy Bill
https://ift.tt/3qQpMeg A House vote, months in the making, could come as early as Thursday evening on a $1.85 trillion social policy and cl...
Biden’s reliance on I.R.S. enforcement to pay for $1.85 trillion bill hits a snag.
https://ift.tt/2YRHsKU The head of the Congressional Budget Office said on Monday that beefed up tax enforcement would raise far less money...
John Yarmuth of Kentucky, House Budget Chairman, Announces Retirement
https://ift.tt/30bewh4 Mr. Yarmuth, the lone Democrat in his state’s congressional delegation and a key proponent of President Biden’s dome...
On Very Serious People, Climate and Children
https://ift.tt/3AlBjU5 Why don't those who used to obsess over debt seem to care about the future? By BY PAUL KRUGMAN from NYT https://...
Democrats Move to Avert Fiscal Crisis, Separating Debt and Spending Bills
https://ift.tt/3ohZwIk The House was set to move on Wednesday on a bill to increase the debt limit, while the Senate prepared a separate sp...
Manchin and Sinema Should Just Say No
https://ift.tt/3EU6NUJ Don't let the Democrats spend themselves into oblivion. By BY BRET STEPHENS from NYT https://ift.tt/3EU6NUJ
The White House projects that inflation and economic growth will rise this year.
https://ift.tt/3gAZlDu The Biden administration revised its earlier forecasts to match the continued stimulus-fueled recovery from the rece...
The U.S. budget deficit eased last month as the economy recovered.
https://ift.tt/3COBauP By BY ALAN RAPPEPORT from NYT https://ift.tt/3COBauP
The U.S. deficit is expected to hit $3 trillion in 2021, the budget office says.
https://ift.tt/3htb8D9 Enormous government spending will help fuel economic growth and erase pandemic job losses, according to a new report...
Democrats Win Crucial Tool to Enact Biden’s Plans, Including Infrastructure
A ruling from the parliamentarian appears to clear the way for Democrats to bypass Republicans and fast-track at least one more fiscal pack...
Biden Wants to Pay for Infrastructure Plan With 15 Years of Corporate Taxes
The president will propose using the revenue from increasing corporate taxes to pay for eight years of ambitious spending on roads, bridges...
House Votes to Avert Deep Medicare Cuts to Pay for $1.9 Trillion Stimulus Plan
The measure is likely to become the subject of negotiations later in the year over government spending and debt. By BY EMILY COCHRANE AND M...
Democrats Agree to Trim Jobless Aid to Keep Stimulus Plan on Track
Bowing to moderates who said the jobless aid was too generous, Democrats dropped their bid to raise a weekly federal unemployment benefit t...
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