With the government on track to reach its borrowing limit within days, negotiators sealed an agreement in principle to raise the debt ceiling for two years while cutting and capping certain federal programs.
Tag: Senate
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Time Is Running Out for Congress to Raise the Debt Ceiling
With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.
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Military Spending Emerges as Big Dispute in Debt-Limit Talks
President Biden has offered to freeze discretionary spending, including for defense. Republicans want to spend more for the military, and cut more elsewhere.
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For Senator Feinstein, There’s No Time Like the Present to Resign
The country shouldn’t discriminate against older workers, and older workers shouldn’t insist on staying in jobs they can no longer really carry out.