Federal deficit to pass $3 trillion for second year, economic growth higher than expected
After a year of immense spending during the COVID-19 pandemic and ensuing economic downturn, the federal deficit is projected to hit $3 trillion for the second year in a row, according to the Congressional Budget Office.
Congressional lawmakers introduce bipartisan bill banning TikTok in United States
Members of Congress on Tuesday introduced bipartisan legislation to ban TikTok from operating in the United States, citing concerns that the short-video social media platform is being used to spy on Americans.
House Democrats block Republicans’ push for oversight of Ukraine aid
House Democrats have blocked an audit of billions of dollars of U.S. military and economic aid to Ukraine, signaling a bitter partisan fight ahead as the incoming Republican majority vows to scrutinize what it calls President Biden’s “blank check” for …
China rapidly building space arms to ‘blind and deafen’ U.S. military, Pentagon says
China’s military is rapidly building a large force of space weapons, including sophisticated anti-satellite missiles, lasers, jammers, orbiting killer robots and cyber tools, designed to “blind and deafen” the American military in a future war, the U.S…
Biden admin scrambles to track $20B in Ukraine aid as House Republicans warn of audits
President Biden’s administration is scrambling to track the nearly $20 billion in military aid it has sent to Ukraine as Republicans warn of impending audits when they take control of the House in January.
Supreme Court OKs handover of Trump tax returns to Congress
The Supreme Court on Tuesday cleared the way for the imminent handover of former President Donald Trump’s tax returns to a congressional committee after a three-year legal fight.
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