Congress

And how exactly does it address the biggest challenges facing this economy?

There are shorter- and longer-term projects in Biden’s $1 trillion plan. State and local governments will influence how it’s spent.

The limited plan would, for the first time, give Medicare the power to negotiate prices directly with pharmaceutical companies.

Congress is once again considering raising the debt limit. When did that start?

Even when the benefit is available, many Americans hesitate to use it. It’s included in the Democrats’ social-spending bill.

The Fed could buy defaulted Treasuries or swap Treasury bonds that weren’t in default for those that were.

Because lawmakers couldn’t agree on a series of spending bills before Oct. 1, agencies keep running on last year’s budget.

The economy would be in uncharted — and dangerous — territory.

If Congress fails to raise or suspend the debt limit, it won’t cause a government shutdown. But it could mean a failure to pay Social Security benefits and federal salaries. 

The House Judiciary Committee is set to consider a package of antitrust bills this week.