President Biden lambasted Republicans for “bringing us to the brink” — while simultaneously hailing prevention of a government shutdown with passage of a… Read More

An annual political battle over funding for the US federal authorities has left the nation getting ready to a shutdown. With simply 5 days till the brand new fiscal yr begins on October 1… Read More

A government shutdown in the United States occurs when the government’s funding expires due to a lack of an approved budget or continuing resolution by Congress. This means that federa… Read More

Global shares drop, benchmark US yields ease amid debt ceiling deadlock By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Global equities retreated and benchmark U.S. Treasury yield… Read More

Like other cryptocurrencies and stocks, Metacade (MCADE) has under extreme stress as a result of the worsening debt limit crisis. The token was trading at $0.022, which was much less than it… Read More

Key Findings One yr after the enactment of the Inflation Discount Act (IRA), the legislation’s sophisticated tax will increase on giant companies, significantly the minimal tax on e… Read More

The agreement to suspend the U.S. government’s debt ceiling has sent ripples across the global market. Asian shares and U.S. stock futures saw a positive jolt on Monday in light of the… Read More

Washington, May 23 (IANS) US President Joe Biden and Republican House Speaker Kevin McCarthy have called their latest talks on the debt ceiling productive, but no deal has yet been reached.T… Read More

Biden and McCarthy additionally spoke by telephone Sunday because the president flew dwelling from a G7 summit in Japan. Washington: A high US Republican on Monday mentioned his first… Read More

After the House of Representatives, the Senate approved a bill that would temporarily suspend the debt ceiling in the United States. The US government will run out of money in a matter of… Read More

Congress and the White House are barreling towards a June 1 deadline to resolve a debate over the debt ceiling, with the total religion and credit score of america on the road. Treasury Sec… Read More

US Treasury Secretary warns of potential cash shortage by early June. Negotiations for raising the debt limit are ongoing, but progress is uncertain. Analysts predict potential effects… Read More

US Treasury Secretary Janet Yellen on Friday in a letter to Congress raised the pink flag on an imminent debt disaster. Given the sharp variations between the ruling Democrats and t… Read More

Beyond Biden, Trump and Pence, how others took home the documents Federal court records paint a sloppy system for tracking the nation’s most important secrets, amid a dispute over cl… Read More

  President Joe Biden and House Speaker Kevin McCarthy’s talks on Wednesday are about more than a Washington power game. If the two most important leaders in Washin… Read More