debt

U.S. to Hit $31.4 Trillion Debt Ceiling Next Week, Biden Admin Warns While Pushing Congress to ‘Act Promptly’ to Increase or Suspend Limit

On Friday, Treasury Secretary Janet Yellen wrote a letter to congressional leaders warning that the U.S. would hit its debt limit on January 19 and encouraged Congress to "act promptly to protect the full faith and credit of the United States," CNBC reported.

Used-Car Prices Record ‘Largest Annualized Decline in Series’ History’

Cox Automotive reported that its Manheim Used Vehicle Value Index (MUVVI), which tracks the auction prices of used cars, plunged the most on record in December from a year ago as the auto market cools.

McCarthy Elected House Speaker

"Our system is built on checks and balances. It's time for us to be a check and provide some balance to the president's policies," McCarthy said.

Omnibus Shows Congress’s Priorities: Authoritarianism and War

Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on.

The Pain Isn’t Goin’ Away: Inflation Cost Households an Extra $10K

Inflation is over, the administration crows, even as Congress works to pass another massive spending bill — this time, $1.7 trillion.

Senator Rand Paul Wheels In Massive $1.7 Trillion Omnibus Bill

Sen. Rand Paul (R-KY) wheeled in the massive omnibus bill to mock the 4,155 page legislation that was made public this week.

U.S. Households Expected to Pay Higher Utility Bills for Decades

Utility costs have surged across the nation this year, leaving millions of Americans falling behind on their monthly bills.

Trump Backs McCarthy for House Speaker

Donald Trump has endorsed California Republican Kevin McCarthy in his bid for House Speaker.

Republicans ‘Abdicated the Power of the Purse,’ Says Sen. Rand Paul

In an interview with Fox Business, Republican Senator Rand Paul (KY) said Republicans are "emasculated" by going along with the Democrats' fiscal plans but still claiming to be Conservative.

California Task Force Weighs Giving Black Citizens $350,000 Each

Activist suggests Black-owned businesses should receive $250,000 and 15-20 acres of land.

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