Promotes the American Jobs Plan. President Joe Biden spoke this week on the state of the U.S. economy and what his administration plans to do to address it.…
Read MoreNational Debt
Speaker Pelosi Announces Minimum Annual Pay in House
One in eight congressional staffers make less than $42K. Last week, House Speaker Nancy Pelosi announced that starting in September, the House of Representatives will be implementing minimum…
Read More
White House Planning New Type of Income Tax
Unrealized gains of billionaires are the new tax target. President Biden announced a new taxation plan he says will raise an additional $1 trillion by fundamentally changing the…
Read More
President Biden Submits the 2023 Fiscal Year Proposal
Budget reveals the president’s priorities and leadership goals. President Biden submitted his proposed budget for the 2023 fiscal year to Congress on Monday. The $5.8 trillion plan will…
Read More
Senate Averts Government Shut Down
Short-term continuing resolution passed Thursday evening. On Thursday, the U.S. Senate voted to pass a short-term continuing resolution (CR) to keep the government funded past Friday’s deadline. The…
Read More
National Debt Exceeds $30 Trillion
Treasury Department announces sobering milestone. America’s total national public debt outstanding is now above $30 trillion, according to Treasury Department data. Government borrowing accelerated during the COVID-19 pandemic as…
Read More
Debt Limit Deal Advances in Senate
A vote is expected on Friday as Senate clear procedural hurdles. The Senate took a step toward increasing the federal government’s debt limit by voting to limit debate…
Read More
House Plans Debt Limit Vote This Week
New borrowing authority is needed by December 15 to avoid a shutdown. House Majority Leader Steny Hoyer said Monday that the House will vote on a bill to…
Read More
Appropriators Reach Deal on Government Funding
Congress works to avoid government shutdown. House Appropriations Committee Chair Rosa DeLauro of Connecticut said that the top congressional appropriators have reached an agreement on a spending deal to fund…
Read More
Congress Nears Debt Limit Deadline
No deals are currently on the horizon. The deadline to increase the federal debt limit is only weeks away—December 15. Senate Majority Leader Chuck Schumer of New York and…
Read More