A new estimate finds the U.S. could face an unprecedented default on its obligations as soon as early June if Congress does not act to lift the debt limit.
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Posted inNation / World, News, Politics
Republicans take aim at food stamps in growing fight over federal debt
Some GOP lawmakers are eyeing work requirements and other changes to the SNAP program in a bid to reduce the deficit.
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Posted inBusiness, Nation / World, News, Politics
U.S. Treasury buys time for Biden and Republicans on debt limit deal
The Treasury Department says it has started taking ‘extraordinary measures’ as the government has run up against its legal borrowing capacity of $31.381 trillion.