House GOP Passes Stopgap Measure, Urging Senate Democrats to Act on Looming Shutdown
21 hours ago
In a pivotal move, the House of Representatives, under Republican leadership, has successfully passed a temporary funding bill aimed at averting a potential government shutdown. This resolution comes amid escalating tensions between GOP lawmakers and Senate Democrats, further intensifying the ongoing budgetary stalemate.
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Treasury Secretary Yellen Alerts of Imminent Debt Ceiling Crisis in January
2 months ago
In a crucial announcement, U.S. Treasury Secretary Janet Yellen has indicated that the nation is projected to reach its debt limit by mid-January 2024. This critical milestone raises apparent concerns about the federal government’s ability to finance its operations if the debt ceiling is not raised or suspended by Congress.
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