The deal to raise the debt ceiling bolsters President Biden’s argument that he is committed to bipartisanship, but it comes at the cost of rankling many in his own party.
Tag: United States Economy
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Hard-Right Republicans Gird for ‘War’ on Debt Ceiling Deal
As a top negotiator said an agreement was “hours or days” away, an ultraconservative group of lawmakers harshly criticized its emerging contours.
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401(k) Hardship Withdrawals Tick Up as Inflation Stays High
Retirement plan administrators are noting an uptick in hardship withdrawals. But taking that money out can harm your future financial security.
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Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout
The Treasury secretary, who considered ways to contain the fallout of a default when she was a Fed official in 2011, had urged Democrats to raise the limit while they still had control of Congress.
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Has ‘Gig Work’ Become a Dirty Word?
If work for companies like Uber and Lyft once carried some appeal for offering flexibility, the kind of labor it has come to represent is now used by some as shorthand for a raw deal.