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.
Anthony Fauci is set to headline a major far-left conference whose lead sponsors include COVID-19 vaccine maker Pfizer, The National Pulse can reveal. Fauci...
Last week, the Biden White House released its first-ever framework on how it would like to regulate cryptocurrencies.
The framework follows an executive order issued...
In the film “All the President’s Men,” Washington Post reporters Bob Woodward and Carl Bernstein’s shadowy source, “Deep Throat,” says, “follow the money.”
Despite claims from Biden administration officials that new funding for the Internal Revenue Service (IRS) will not increase the auditing burden on individuals and small businesses, a Friday letter from the Congressional Budget Office (CBO) reveals new auditing activity targeting taxpayers who report less than $400,000 per year will be expected to contribute to about $4 billion in revenue.
