Tag Archives: Federal Budget

The Senate will vote Tuesday on legislation lifting the government’s debt ceiling to stave off the risk of a default to avoid shutdown according to Majority Leader Chuck Schumer, without mentioning how much the increase will be.Senate passage, which requires only a simple majority, would send the debt limit measure …

Senator Joe Manchin said, Monday, he does not support the $1.75 trillion social safety net expansion bill Democrats are negotiating until there is greater clarity about its impact on the country’s national debt and the U. S. economy, casting major doubt about whether President Joe Biden can get his agenda …

US shares have undergone mixed performance, and tended to rise with the beginning of Monday’s trading session, attempting to overcome the impact of U. S. and Chinese data that cast negative shadows across the global markets after a decline in the growth of the second largest economy in the world.Economic …

The U.S. is missing around 4.3 million workers; a shortage many economists expect to last at least several more years Companies and businesses such are attempting to adjust. Scarce labor is becoming a constant reading of the U.S. economy, reshaping the workforce and prodding firms to adapt by raising wages, …

Stocks closed in the red on Friday as investors digested a key report on the labor market’s recovery, which showed a much weaker than expected growth of hiring in September. The S&P 500 fluctuated between gains and losses throughout the day, trading choppily like recurrent waves after three successive sessions …

The U.S. Senate on Thursday took a step to pass a $480 billion increase in Treasury Department borrowing authority, a move that would turn aside a catastrophic debt default later this month but setting the scene for another potential showdown in December.That vote, expected Saturday, could come sooner if all …

The USD 28.4 trillion debt limit was renewed on 1 August. By extraordinary measures, Treasury Secretary Janet Yellen has been able to take steps that allow the government to borrow additional funds without breaching the debt ceiling. Yellen warned lawmakers that if Congress fails to raise or suspend the debt …

Democrats are expected to vote Wednesday on a temporary legislation that helps avoid partial government shutdown through keeping current levels of federal government funds after Thursday. The move was encouraged by top House Democrats led by majority leader Steny Hoyer who said that there were talks with Senate Democrats suggesting …