It’s unclear if Johnson’s plan will appease Trump and his demand to raise the debt ceiling as part of the CR, given opposition from hard-line conservative Republicans to raising the debt limit. Rep. Bob Good (R-Va.) said leaving the meeting that he would not vote for a debt limit ...
students from households with incomes of less than four times the federal poverty level would be prioritized. That's about $100,000 for a family of three
A failure to raise the borrowing cap would prevent the federal government from being able to pay all its obligations and could shatter its credit. READ MORE: US debt limit: US Treasury buys time for Biden and House GOP on deal Moody’s Analytics estimates that the resulting upheaval could ...
That is potentially concerning because when fewer people look for work, employers usually find it harder to fill jobs. As a result, they may feel compelled to sharply raise pay to attract job-seekers — and then pass on their higher labor costs to their customers through higher prices. That'...
Bank of America economists expect the Federal Reserve to raise interest rates by three-quarters of a point next Wednesday and also signal that it could slow its hiking pace in December. The economists expect the Fed will discuss reducing the size of its hikes behind closed doors. Fed Chairman...
McCarthy has floated the kind of budget-cap deal that was engineered in the last go around on the debt ceiling during the Trump administration, which would involve capping federal spending levels in return for the House votes needed to raise the debt limit. But any...
"If interest rates are just one percentage point higher than projected, federal interest payments would be around $1.5 trillion higher through the next 10 years. That's almost enough to pay for the entire military budget for three years," Robert Bixby, executive director of the Concord Coalition...
Establishments that have run out of government subsidies are shutting down, while those remaining open are having to raise prices to combat inflation. Nevertheless, he said there's an air of optimism that with the pandemic easing and people returning to their regular behaviors, the industry can ...
One provision of the House-passed bill would provide $800,000 for a federal government interagency council on the homeless that would keep states, cities and nonprofit organizations informed of funds available under the law. For fiscal 1989, the bill would continue the 25% matching requirement for...
The aim of the study is an evaluation of years of life lost by inhabitants of Poland according to the most important causes of mortality and identification of trends in the period 2000–2014. The study material included a database which contained informa