Republicans block bill that would keep government open, suspend debt ceiling
Republican senators on Monday night blocked a measure that would keep the government running and would suspend a ceiling on debt, frustrating but not stamping out their Democrat colleagues’ efforts to avert a shutdown.
Report: Biden Spending Bill Will Lead to Loss of 5.3M Jobs, $3.7T in Debt
President Joe Biden’s massive spending bill will lead to 5.3 million job losses and $3.7 trillion in additional debt over the next 10 years, according to study published Monday by the Texas Public Policy Foundation titled, “Reversing the Recovery: Pelo…
‘Germany’s Merkel Conservative Block Losing Elections, Leftists Win’
In a postwar political turnaround, Germany’s center-left Social Democrats (SPD) were moving towards election victory, as projected results appeared bleak for the party of outgoing Chancellor Angela Merkel.
China asks local goverments to get ready for possible collapse of Evergrande
Chinese authorities are asking local governments to prepare for the potential downfall of China Evergrande Group, according to officials familiar with the discussions, signaling a reluctance to bail out the debt-saddled property developer while bracing…
US House votes overwhelmingly in favor of Iron Dome funding, trounces Squad
The House Democratic leadership on Tuesday nixed funding for the defense system from its government spending and debt ceiling hike bill after a group of progressive lawmakers threatened to block the legislation unless the military aid was withdrawn.
$1 billion in Iron Dome funding introduced in Congress as separate bill
US Democrats introduced standalone legislation late Wednesday to provide Israel with $1 billion for its Iron Dome missile defense system after the funding was struck off a government spending bill amid pressure from progressive lawmakers.
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