Congressional observers know Sen. James Lankford as a deliberative man who thinks before he speaks, but the Oklahoma Republican doesn’t hesitate when asked about the role of faith in his personal life and political career. “The most important decision is one I make every day—who am I going to follow, and what is going to…
How the Debt Deal Will Impact the Economy
June 2, 2023
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Business & MarketsBusiness ColumnistsDebt Dealeconomic policieseconomyPolicies & ImpactsPoliticsUSUS News
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The debt deal between President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) allows the federal government to continue functioning for the next year and a half. To make the agreement, both sides conceded what they believe are important issues. One thing the agreement provides is a clear picture each party envisions for the future…
Debt Deal: Billions of Dollars to Be Reduced in IRS Funding
June 1, 2023
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Business & MarketsDebt DealeconomyIRS - U.S. Internal Revenue ServicePolicies & ImpactsPoliticsUSUS News
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The bipartisan deal to raise America’s debt ceiling involves cutting billions in funding set aside for the Internal Revenue Service (IRS), including cuts from the $80 billion allocated under the Inflation Reduction Act (IRA). In total, the debt-ceiling deal involves shaving off almost $21.4 billion from the IRS budget. Out of the roughly $21.4 billion,…
LIVE 3:45 PM ET: View of Capitol Hill, White House as Biden and McCarthy Look to Close Debt Deal
A view of Capitol Hill and the White House as President Joe Biden and House of Representatives Speaker Kevin McCarthy (R-Calif.) reach an agreement to raise the federal government’s self-imposed borrowing limit. SCHEDULE: View of the White House: 00:38 GMT View of Capital Hill: 17:00 GMT …
LIVE NOW: View of Capitol Hill, White House as Biden and McCarthy Look to Close Debt Deal
A view of Capitol Hill and the White House as President Joe Biden and House of Representatives Speaker Kevin McCarthy (R-Calif.) reach an agreement to raise the federal government’s self-imposed borrowing limit. …
View of Capitol Hill, White House as Biden and McCarthy Look to Close Debt Deal
A view of Capitol Hill and the White House as President Joe Biden and House of Representatives Speaker Kevin McCarthy (R-Calif.) reach an agreement to raise the federal government’s self-imposed borrowing limit. …
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