SPR levels were significantly depleted by sales in 2022. Congress included a provision in the 2023 spending bill that cancels certain mandated sales from the Strategic Petroleum Reserve…
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Spending Bill Provides 4,000 More Visas for Afghan Allies
Senator Shaheen supported the provision that will assist Afghan allies stuck overseas. Congress outlined hundreds of provisions in the omnibus spending bill for 2023. One of these provisions…
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Government Funding Omnibus Bill Passes in Senate
Senator Sinema offers an alternate immigration amendment to facilitate approval. On Thursday, the U.S. Senate passed the massive $1.7 trillion omnibus package to fund the federal government for…
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President Authorizes Additional Aid to Ukraine
More military assistance being drawn from Defense Department. This week, President Joe Biden issued another authorization under the Foreign Assistance Act of 1961 for aid to Ukraine. He…
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Federal Legislators Continue to Work on Funding Bill
Congress tries to avert a government shutdown Friday. Members of Congress have unveiled a $1.7 trillion government spending bill that would provide $858 billion to the military. Domestic…
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Congress May Delay Funding Bill to 2023
Senate leaders were unable to find common ground in financing the government. Senate Minority Leader Mitch McConnell of Kentucky said this week that Congress will likely delay a…
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Appeals Court Rules CFPB’s Funding Methods Unconstitutional
Decision is in opposition to previous rulings made by other courts. The Consumer Financial Protection Bureau (CFPB) is an independent federal agency that supervises banks and addresses complaints…
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National Debt Tops $31 Trillion for First Time
Government spending is identified as the cause. The Treasury Department reported America’s gross national debt has eclipsed $31 trillion for the first time, a financial milestone arriving just…
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Senate to Vote on Stopgap Funding Bill
A continuing resolution would keep the government working. The Senate is set to vote Tuesday evening to advance a short-term bill to keep the government funded, but a…
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Treasury Department Reports $220 Billion August Deficit
The number is 29% higher than August of 2021. This week, the Treasury Department posted the U.S. government’s receipts for August 2022, reporting a $220 billion budget deficit.…
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