Inflation

This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the “debt ceiling.”

President Joe Biden witnessed some of the lowest approval ratings of his administration despite moderating price levels and the Democratic Party avoiding severe midterm losses, according to a new poll from Reuters.

White House Chief of Staff Ron Klain is expected to step down from his position in the coming weeks, The New York Times reported, citing anonymous senior administration officials.

Out of more than 565,000 job applications received until early October, the IRS only recruited around 19,000 workers.

A report from the Internal Revenue Service released last week indicated that officials are devoting much of the agency’s recent funding windfall toward audits even as the degree to which the actions will impact everyday taxpayers remains uncertain.

The Internal Revenue Service (IRS) does not yet know the details of how the Biden admin's approval of an $80 billion windfall will affect middle-class audits.

$10,000 penalty.

Only 42% of respondents "strongly" or "somewhat approve" of Biden's job as president.

The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.

These days, world leaders are meeting in Davos.