Tag Archives: public finance

[ad_1] CNN  —  Senate GOP leader Mitch McConnell has engineered ways out of a devastating debt default in the past. This time may be different – at least for now. Facing the riskiest debt ceiling standoff in a dozen years, Senate Republican leaders are planning to take a backseat role …

[ad_1] CNN  —  The past 12 months has forced European leaders to seriously rethink their approach to national security. If Russia’s invasion of Ukraine has confirmed one thing, it’s that peace on the continent cannot be taken for granted. The status quo – decades of low spending and defense not …

[ad_1] Editor’s Note: Julian Zelizer, a CNN political analyst, is a professor of history and public affairs at Princeton University. He is the author and editor of 25 books, including the New York Times best-seller, “Myth America: Historians Take on the Biggest Lies and Legends About Our Past” (Basic Books). …

[ad_1] CNN  —  Every American could get hurt if the new hardline Republican House’s dangerous game of roulette with a still vulnerable economy backfires. The nation reaches a first, critical threshold Thursday in the brewing Washington showdown over the national debt that could define the tenure of the new GOP …

[ad_1] CNN  —  The clock is now ticking on the nation’s debt ceiling drama. The US is expected to hit its borrowing cap as soon as Thursday, though it will not immediately start to default on its debt and set off a financial crisis. But it does mean that Congress …

[ad_1] Hong Kong CNN  —  The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations that rising inflation could force the central bank to move away from low interest rates. The BOJ kept its yield curve control (YCC) targets unchanged …

[ad_1] CNN  —  The Treasury Department said Friday the US will reach the debt limit on January 19 and “extraordinary measures” will need to be taken, setting up one of the first major battles on Capitol Hill after Republicans took control of the House. The debt limit is the maximum …

[ad_1] New York CNN  —  Two Trump Organization entities will be sentenced by a New York judge on Friday for running a decade-long tax fraud scheme, a symbolic moment because it is the only judgment for a criminal conviction that has come close to former President Donald Trump. The two …

[ad_1] A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. CNN  —  This is not the end of House Speaker Kevin McCarthy’s nightmare, rather just the beginning. Having won the coveted job, the California Republican has leveled …

[ad_1] CNN  —  As President Joe Biden scored several legislative wins this year, voters across the country headed to the polls in November to decide on local measures. The passage of several of those measures will lead to new state laws this year. And Americans in 2023 will also feel …