Sadly, the United States is among the countries that are running out of “fiscal space.” Prudent policymakers and worried market participants…want to know…when in the future will the federal government face an economic limit to its issuance of debt. This would be manifest in substantial incr...
House Speaker Paul Ryan told a press conference earlier in the day that a shutdown was "not in anyone's interest, and he knows that." The U.S. Congress is working on passing a series of funding packages for the new fiscal year, which begins Oct. 1. Trump could force a partial shut...
Since 1921 the budget of the United States has been the responsibility of the president. It is prepared under his direct authority by theOffice of Management and Budget(OMB). The process begins when the various departments and agencies prepare their appropriation requests, based on expenditures requ...
Its new fiscal year begins on October 1, but the House of Representatives has only passed one of the twelve appropriations bills needed to fund the federal government through that period. Four further fiscal appropriations have been prepared for debate and an eventual vote, but there is no ...
Goldwein says the appropriations process is going fairly smoothly for now; particularly compared to last year, when Congress’s log jam led to two shutdowns and a spending agreement was reached with only six months left in the fiscal year. ...
Final vote on stopgap spending bill begins in the Senate The Senate has begun to vote on final passage of a stopgap bill that will keep the government open and funded for the next 45 days. The measure, which passed the House hours earlier, proceeded to a vote by the unanimous consent of...
Explore: All Industries June 15, 2023 · 7 min read Introducing the latest ESG innovations with Microsoft Cloud for Sustainability With Microsoft Cloud for Sustainability, we have enabled organizations to accelerate sustainability progress and business growth by bringing together environmental, social, and...
Speaker Mike Johnson begins his fight to hold the gavel in Trump's Washington GOP senators divided on release of Gaetz ethics report “House Republicans must finally do their job and work across the aisle to pass full-year funding bills that deliver for the American people and address urgent...
Competitive negotiation (FAR Part 15), formally called “source selection,” begins at this point.After proposals are received, they are checked to see if they meet submittal requirements. For page-limited proposals, the government counts the pages. If the proposal exceeds the limit, pages over ...
Thousands of air traffic controllers, still required to report to work without pay if a government shutdown begins at 12:01 a.m. Saturday, will receive their last normal paycheck on Christmas Eve according to their union. “Many of you are rightfully concerned about if, and when, you will...