The U.S. budget deficit increased 23 percent to $1.7 trillion, an increase of $320 billion, in the year after the Biden administration pushed through the Inflation Reduction Act which it claimed would close the government’s funding gap.
In the backdrop of this appeal, discussions have been initiated within the Biden administration, in collaboration with congressional members, to potentially curate a larger combined aid package.
Last week we witnessed a dramatic, historical first: A Speaker of the US House of Representatives was removed from that position by a vote from Members of that body. US Rep. Matt Gaetz was able to gather enough Republicans dissatisfied with the leadership of then-Speaker Kevin McCarthy to send him packing.
Former President Donald Trump, on Wednesday, verified from a New York courthouse the emerging discussion regarding his potential candidacy for the Speaker of the House of Representatives.