Trillion

U.S. Treasury Buys Time for Biden and GOP on Debt Limit Deal

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.

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.

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.

Here’s a List of Biden Tax Hikes Which Take Effect Jan. 1

When the Democrats finally passed the "Inflation Reduction Act" in 2022 (how's that going?), they included several tax hikes set to take effect on Jan. 1, 2023.

Charity and Capitalism Are Better Than Government

It's the season for giving.

U.S. Funding Research to Fight Online ‘Misinformation’

The United States government is now funding research to fight online "misinformation" by correcting "false beliefs."

Blackrock to Take Zelensky’s Panhandling Act to the Next Level

Blackrock is the world’s largest asset management and investment firm.

$1.7 Trillion Spending Bill Requires Verification of Sellers Earning $5,000 Annually

The INFORM Act requires e-commerce companies to collect, verify, and disclose personal information from high-volume, third-party sellers with annual revenues exceeding $5,000 and will be enforced by the Federal Trade Commission.

Omnibus Fraud

The nefarious $1.7 trillion Omnibus spending bill was passed by progressives in both parties.

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.

Latest news

- Advertisement -spot_img