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A little-known payment change could save the federal government $150 billion over the next 10 years.
The treasury secretary urges Congress to protect nation’s “full faith and credit” by raising the government’s borrowing authority.
It’s asking for 50% more funding than it received for the current fiscal year.
But the pharma company promised that individuals won’t pay the full amount.
The budget is a policy document, but this one’s also a campaign document.
Fed Chair Jerome Powell testifies on Capitol Hill tomorrow and Wednesday. President Biden is set to release a budget outline on Thursday, and we get February jobs numbers this Friday.
At least two dozen states — and Congress — have either proposed or enacted laws to increase teacher pay in the past couple of years.
The current debt ceiling fight reflects old concerns about government debt, says economist Michael Boskin.
President Biden is likely to tout the strong job market and recovery from the pandemic recession.
The U.S. government hit its debt ceiling Thursday and must raise the debt limit to avoid defaulting. How did we get here?