Treasury Secretary Janet Yellen asserted on Saturday that House Republicans attempting to negotiate spending cuts amid the renewed debt ceiling battle are “very irresponsible.”
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 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.
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.
House Republicans open investigation into Joe Biden and his family regarding their foreign business practices, international influence peddling schemes, and suspected suspicious activities.
The Internal Revenue Service (IRS) on Friday announced it would delay a rule that would have required tens of millions of Americans who received payments of at least $600 to report their earnings, following widespread confusion and angst about the new requirements.
President Joe Biden's Treasury Department is investigating if Florida Gov. Ron DeSantis misused COVID-19 relief funds to transport migrants to Martha's Vineyard.
The stock market continued its downward spiral on Thursday as the economy struggles to cope with Democrats’ reckless spending adding fuel to runaway inflation.
President Joe Biden boasts proudly today he is leading an "incredible transition" from fossil fuels, but just three years before he won the presidency his family worked to score billions of dollars in deals helping executives in communist China gain access to U.S. natural gas, oil and energy infrastructure, according to internal business memos and interviews with congressional investigators.
