Lawmakers in Congress are on a deadline to review a new bill, known as the Fiscal Responsibility Act, which aims to raise the debt ceiling and avoid a potential default. And Russia’s Defense Ministry is reporting that Ukraine executed a significant drone attack on Moscow, marking another incident in a recent escalation of these drone…

President Joe Biden and House Speaker Kevin McCarthy announced late Saturday night that they have reached a tentative agreement to raise the nation’s debt ceiling and avoid a catastrophic default. The two sides finalized preliminary negotiations on the phone over the holiday weekend, characterizing it as an “agreement in principle.” The text of the deal…

With just days to go ahead of a potential government default, House Republicans are charting a path to ensure they can secure the 218 votes needed to raise the debt ceiling. House Speaker Kevin McCarthy, R-Calif., can’t do that alone. He has to get input from the heads of “the five families,” who are leaders…

One week before the X-date, when the U.S. could potentially default on its debt, the country’s credit rating was put on notice. Fitch Ratings warned late Wednesday, May 24, that the federal government’s gold standard AAA rating is now on “rating watch negative.” The Treasury Department has said it can’t know for sure exactly when…

America is one week out from a potential government default and there’s still no deal between House Republicans and President Biden on the debt limit. But House Speaker Kevin McCarthy, R-Calif., told reporters there’s no reason for Americans who rely on payments from the government to make backup plans.  “No, I wouldn’t worry about that.…

Florida Gov. Ron DeSantis has officially announced his run for president in 2024, overcoming technical difficulties on a Twitter Spaces event with the social media company’s CEO Elon Musk to make the announcement. And the U.S. government along with Microsoft have issued a warning regarding Chinese malware that is targeting critical American infrastructure. These stories…

President Joe Biden is meeting with House Speaker Kevin McCarthy, R-Calif., as the two sides aim to reach a deal regarding the nation’s debt ceiling and avoid a potential default. And officials from the European Union have hit Facebook parent company Meta with a record fine over data protection violations. These stories and more highlight…

On Tuesday, May 16, President Biden met with top Republican and Democratic leaders to deliberate on raising the debt ceiling, underscoring lawmakers’ focus on avoiding default. Though Biden and House Speaker Kevin McCarthy (R-CA) rarely see eye to eye, sources say they understand that a deal must be hammered out. Straight Arrow News contributor John…

President Joe Biden is in talks with top congressional leaders to strike a deal regarding the nation’s debt ceiling and to avoid a potential default. And judge denied former Theranos CEO Elizabeth Holmes’s bid to avoid prison and another ordered her to pay restitution in a high-profile blood-testing fraud case. These stories and more highlight…