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government budgets

Yellen defends Biden budget against GOP senators’ fears of tax hikes

by Vera Ward
Yellen defends Biden budget against GOP senators’ fears of tax hikes

U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Committee hearing on the 2025 budget on Capitol Hill in Washington, U.S., March 21, 2024.  Elizabeth Frantz | Reuters WASHINGTON …

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Shutdown deadline may force Speaker Johnson into short-term budget bill

by Vera Ward
Shutdown deadline may force Speaker Johnson into short-term budget bill

Speaker of the House Mike Johnson, R-La., conducts a news conference featuring remarks by college students about antisemitism on college campuses, in the U.S. Capitol on Tuesday, December 5, 2023. …

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Social Security checks to continue as shutdown deadline looms, expert says

by Sam Bailey
Social Security checks to continue as shutdown deadline looms, expert says

The United States Capitol building is seen in Washington D.C., United States on October 4 , 2023. Yasin Ozturk | Anadolu Agency | Getty Images What may happen with Social …

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Germany slides deeper into budget crisis. Here’s what you need to know

by Ron Morgan
Germany slides deeper into budget crisis. Here’s what you need to know

German Chancellor Olaf Scholz (C), Finance Minister Christian Lindner (R) and Economy Minister Robert Habeck give statements to the media following the weekly government cabinet meeting on November 15, 2023 …

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Government shutdown: Biden signs stopgap measure ahead of midnight deadline

by Sam Bailey
Government shutdown: Biden signs stopgap measure ahead of midnight deadline

CNN — President Joe Biden signed into law the stopgap bill to avert a government shutdown passed by Congress just hours ahead of a critical midnight deadline when funding for …

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Government shutdown would leave the Fed flying blind

by Sam Bailey
Government shutdown would leave the Fed flying blind

Washington, DC CNN  —  In the event of a US government shutdown, the Bureau of Labor Statistics says it will stop releasing data, including key figures on inflation and unemployment. …

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