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Congress Avoids Shutdown but Faces Legislative Chaos in Trump’s …
1 day ago · Congress narrowly avoided a government shutdown ahead of the holidays, passing a last-minute funding measure to keep the government open until March 14. While the immediate crisis was averted, the deal has set the stage for a tumultuous start to President-elect Donald Trump's return to office. Republicans, despite holding majorities in both chambers, face a daunting array of legislative ...
Senate Approves Social Security Expansion for Public Workers, …
17 hours ago · The Senate passed the Social Security Fairness Act early Saturday, addressing a decades-long grievance among millions of retired public service workers. The legislation, which now heads to President Joe Biden for approval, promises to boost benefits for those affected by longstanding federal policies that reduced Social Security payments for …
House GOP Scrambles to Avert Shutdown as Deadline Looms
1 day ago · The urgency was palpable in the House, as Republicans unveiled their fourth plan to fund the government. This proposal, expected to garner significant Democratic support, includes provisions for extending government funding until March 14, a one-year extension of the farm bill, and a $110 billion disaster aid package negotiated earlier with Democrats.
Bipartisan Funding Deal Collapses Amid Trump’s Call for Tougher ...
3 days ago · Efforts to prevent a government shutdown unraveled on Wednesday after President-elect Donald Trump abruptly rejected a bipartisan funding proposal, demanding tougher negotiations just days before the deadline. The move has thrown Congress into chaos as lawmakers face the prospect of a shutdown heading into the holiday season.
Biden Finally Addresses Drone Sightings, But Doubts Still Persist
4 days ago · President Joe Biden has weighed in on the escalating reports of mysterious drone sightings across New Jersey and New York, seeking to calm public concerns. Speaking at the White House on Tuesday, Biden reassured reporters that there is "no sense of danger" linked to the unexplained activity. "Nothing nefarious apparently, but they're checking it all out," the president stated, marking his ...
Fed Likely to Cut Interest Rates Again While Signaling a Slower …
6 days ago · The Federal Reserve is expected to implement another interest rate cut this week, reducing its benchmark rate by a quarter percentage point to approximately 4.3%. This decision, marking the fourth consecutive cut since September, comes as policymakers navigate a resilient economy paired with persistent inflationary pressures. Despite a stronger-than-anticipated economic performance, inflation ...
TikTok Seeks Supreme Court Intervention to Block Potential U.S.
5 days ago · TikTok, the video-sharing platform with over 170 million American users, has asked the U.S. Supreme Court to block a law that could ban the app nationwide if its Chinese parent company, ByteDance, fails to divest by January 19. The request, filed on Monday, marks the latest development in a high-stakes legal battle that pits national security concerns against free speech protections under the ...
U.S. Inflation Edges Higher to 2.7% in November, Fed Rate Cuts on …
Dec 11, 2024 · Inflation showed signs of accelerating in November, with the consumer price index (CPI) climbing 2.7% over the past 12 months, up slightly from October's 2.6%, according to data released Wednesday by the Bureau of Labor Statistics. On a monthly basis, prices rose 0.3%, marking a quicker pace than October's 0.2% increase.
TikTok Fights Potential U.S. Ban as ByteDance Faces Supreme …
Dec 10, 2024 · TikTok is mounting a high-stakes legal battle to avert a potential nationwide ban, with the popular social media platform urging a federal appeals court to pause enforcement of a law mandating divestiture by its China-based parent company, ByteDance. The request comes as TikTok prepares to seek Supreme Court intervention, raising fundamental questions about national security and the limits of ...