Tag Archives: public finance

[ad_1] CNN  —  Lawmakers on Capitol Hill are scrambling to try to fund the government and pass a sweeping defense policy bill before a new Congress is sworn in, but there are signs that both sides have struggled to reach agreement over these key outstanding issues. Government funding expires at …

[ad_1] CNN  —  Some things have changed in the two weeks since Hakeem Jeffries learned – from listening to House Speaker Nancy Pelosi’s speech, sitting motionless with an intentional blank expression on his face for those who were watching – that she really was going to step aside. His phone …

[ad_1] Hong Kong CNN Business  —  Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the country signals it may loosen pandemic controls, it faces another challenge: Local governments charged with conducting mass testing and enforcing quarantine are running short of cash …

[ad_1] CNN  —  Reality TV Stars Julie and Todd Chrisley were sentenced to prison in federal court Monday. The “Chrisley Knows Best” couple were found guilty in June of conspiracy to defraud banks out of more than $30 million in fraudulent loans, CNN previously reported. In addition, they were found …

[ad_1] CNN  —  Michigan Democratic Sen. Debbie Stabenow has seen this before. Nearly a dozen years ago when Barack Obama was president, a newly emboldened House GOP majority came to power, promising to rein in the Democratic agenda, cut spending and investigate a White House they believed had run rampant. …

[ad_1] London CNN Business  —  The last time a British finance minister revealed tax and spending plans, markets went haywire and the country’s prime minister ultimately lost her job. The new government is not looking for a repeat performance. On Thursday, Chancellor Jeremy Hunt is due to unveil a budget …

[ad_1] CNN  —  Former Trump Organization CFO Allen Weisselberg testified Tuesday that he knew he should have paid taxes on hundreds of thousands of dollars in benefits he received annually, including a company-paid Manhattan apartment that he said former President Donald Trump suggested he move into. Weisselberg testified for about …

[ad_1] Washington CNN  —  President Joe Biden’s federal student loan forgiveness program, which promises to deliver up to $20,000 of debt relief for millions of borrowers, is on hold indefinitely as legal challenges work their way through the courts. About 26 million people had already applied by the time a …

[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business  —  Tuesday’s midterm elections come at a time …

[ad_1] New York CNN Business  —  The Federal Reserve’s war on inflation isn’t just painful for home buyers and people with credit card debt. Uncle Sam is getting squeezed by higher borrowing costs, too. The cost to finance America’s growing mountain of debt is rising rapidly as the Fed scrambles …