Federal spending

$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says

Business
Jessica Roberts

The U.S. housing market is harboring the potential for unprecedented economic stimulus that wouldn’t require any federal spending, according to Meredith Whitney, ...

The Far Right Lost Badly and Wants Its Revenge

Politics
Amanda Smith

WASHINGTON — As 2023 opened with Republicans newly in control of the House, the far-right members of the party considered themselves empowered ...

Biden’s 2024 US government budget is also a campaign pitch

Politics
Amanda Smith

By Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden will sketch his fiscal vision for the United States on Monday, unveiling a ...

US House Republicans try to beat Biden to punch on 2025 budget proposal

Politics
Amanda Smith

By David Morgan WASHINGTON (Reuters) – As the U.S. Congress struggles to pass legislation to fund the government through the fiscal year ...

Congress Clears Stopgap Spending Bill for Biden, Moving to Avert Shutdown

Politics
Amanda Smith

WASHINGTON — Congress on Thursday sent legislation to avert a partial government shutdown to President Joe Biden, racing to fund federal agencies ...

Closing the $688 billion tax gap won’t help solve the US debt problem

Business
Jessica Roberts

The IRS is promising its focus on increased tax compliance will help with the nation’s debt problem. “Achieving our goals will result ...

Moody’s turns negative on US credit rating, draws Washington ire

Politics
Amanda Smith

By Davide Barbuscia and Andrea Shalal NEW YORK/WASHINGTON (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to ...