US hits $31.4 trillion debt ceiling as Treasury announces ‘extraordinary measures’ to avoid default
The United States reached its debt ceiling of $31.38 trillion on Thursday, forcing the Treasury Department to implement “extraordinary measures” to avoid defaulting on bonds.
Pentagon Still Can’t Account For Roughly $220 Billion In Equipment, Gov’t Watchdog Says
The Department of Defense (DOD) has neglected to address its inability to keep track of at least $220 billion in equipment provided to government contractors, according to a Tuesday report by the Government Accountability Office (GAO).
Feds borrowed $4 billion per day in 2022, totaling $10K per household
Federal debt soared by $1.4 trillion in 2022 as President Joe Biden and Congress approved multiple new spending packages.
McCarthy confirms Schiff, Swalwell, Omar will lose committee seats
House Speaker Kevin McCarthy, R-Calif., said he will keep his promise to block three headline-grabbing Democrats from their committee assignments in the 118th Congress.
Peru: At least 17 dead amid protests calling for President Boularte to resign
At least 17 people have been killed in Peru amid clashes between supporters of former left-wing President Pedro Castillo, who was arrested for sedition and high treason in December, and government security forces backing new president Dina Boularte, BB…
U.S. House to vote on rules that will constrain McCarthy’s power
The U.S. House of Representatives will vote on Monday on the rules that will govern it for the next two years, in a first test of newly elected Republican Speaker Kevin McCarthy’s ability to wrangle his caucus.
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