Congress Faces Crunchtime in Fight Over Spending Cuts
After the summer break, lawmakers on Capitol Hill will need to pass spending bills by Oct. 1 to avoid a...
Kevin McCarthy
Senate Approves Deal Raising Debt Ceiling, Averting U.S. Default
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Biden, McCarthy Strike Debt-Ceiling Deal ‘in Principle’
Republicans and Democrats will now race to pass the agreement to raise the nation’s $31.4 trillion borrowing limit for two...
Republicans Effectively Voted to Raise Taxes. They’re Fine With That.
House Republicans advanced a repeal of clean-energy tax credits without offsetting tax cuts—even though most have signed a no-tax-hike pledge....
China military rehearses ‘encircling’ Taiwan after US Speaker visit | CNN
Taipei CNN — China has started three days of military exercises around Taiwan after the island’s president met the US...
China sanctions US organizations for hosting Taiwan leader during stopover | CNN
CNN — China has slapped sanctions on two American organizations that hosted Taiwan’s President Tsai Ing-wen during her recent travel...
‘It’s not zero.’ Wall Street is pricing in a small but growing risk of a disastrous US default | CNN Business
New York CNN — A US default would have such devastating economic and financial consequences that many observers dismiss the...
