A high-speed rail line between Nevada and California is included. President Joe Biden said his administration has authorized $8.2 billion in funding for ten passenger rail projects. He made…
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New House Bill Would Tax University Endowments
Legislation motivated in part by recent antisemitism. Some members of the House and Senate have expressed concerns surrounding the massive endowments colleges and universities receive from private donors…
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Ukrainian President Zelensky Cancels Senate Classified Meeting
Debates intensify regarding ongoing Ukraine funding. Ukrainian President Volodymyr Zelensky canceled a classified meeting on Tuesday, the day before the Senate was set to vote on $61 billion…
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Legislators Begin Considering Ways to Address Rising U.S. Debt
Support for a bipartisan fiscal commission for federal debt management is increasing. Members of Congress are growing more aware of America’s rising debt, which has doubled in the…
Read MoreGovernment Accountability Office Finds Massive Spending Discrepancies
Four administration departments and 49 agencies “flagged.” The Government Accountability Office issued a report on incorrectly reported spending or missing reports on government spending information. The Departments of…
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Interest on National Debt Now the Top Budget Expense
Treasury data shows interest exceeds $1 trillion per year. Information from the U.S. Treasury Department shows that estimated annualized interest payments on the nation’s debt exceeded $1 trillion…
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New House Speaker Considers Options as Budget Deadline Nears
Speaker Johnson seeks to unify his party and pass legislation that is viable in the Senate. Members of the majority in the House of Representatives held a closed-door…
Read MoreSpeaker Johnson Considering Debt Commission
The nation’s deficits and national debt are too high. House Speaker Mike Johnson of Louisiana told the House that he is giving consideration to the establishment of a…
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House Votes to Remove McCarthy as Speaker
The passage of the continuing resolution led to the motion to vacate the chair. Members of the House of Representatives voted Tuesday to remove Kevin McCarthy as speaker…
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President Calls for More Funding for Ukraine
The continuing resolution from Congress did not include additional aid. President Joe Biden gave a briefing after Congress passed a stopgap funding bill to avoid a government shutdown.…
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