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Senate votes to avoid government shutdown through early March, House up next

The Senate voted on Thursday to extend current federal spending and keep the government open, sending a short-term measure to the House.

United statesKevin mccarthyMike johnsonJoe bidenAndy barrSenate majority leader chuck schumerPresident joe bidenHouse speaker mike johnsonHouse republicansHouse speaker kevin mccarthyBob goodWhite houseNew yorkChuck schumerBusiness financeUnited states federal government shutdown

Out of control spending is not the only factor driving up national debt, budget hawks warn

For years, Republicans have argued the growing debt load is a result of profligate government spending, while Democrats pointed the blame at tax cuts.

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Speaker Johnson announces spending deal to avert shutdown

The Louisiana Republican leader made the announcement Sunday in a "Dear Colleague" letter.

White houseDistrict of columbiaUnited statesSpeaker mike johnsonLouisiana republicanHouse freedom caucusGovernment shutdowns in the united statesGovernment shutdownUnited states federal budgetMike johnsonUnited states federal government shutdownMadeleine hubbardThe hillWhite houseOuisiana republican leader

Hundreds of billions in improper payments contributing to national debt surpassing $34T

When lawmakers return to Washington next week they have their work cut out for them. Top of the list will be passing a budget by Jan. 19.

United statesWhite houseDistrict of columbiaRand paulKarine jean pierreHeritage foundationGroverm hermann centerGovernment accountability officePresident bidenPress secretary karine jean pierreGovernment accountabilityFederal budgetBusiness financeRichard sternJean pierreEconomy of the united states

National debt ended 2023 at new record high

Last year came to a close with the gross national debt at a new high of $34 trillion, according to an update from the U.S. Treasury.

United statesCapitol hillDistrict of columbiaWhite houseMaya macguineasMichael faulkenderFederal reserveAmerica first policy instituteResponsible federal budgetAmerica first policyHouse republicansMoody x27s corporationUs federal reserveBusiness financeMoody x27 sNational debt of the united states

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