Treasury sec. Janet Yellen tells GStephanopoulos failing to raise the debt limit would 'be a catastrophe.' 'There's an enormous amount at stake. A failure to raise the debt ceiling would probably cause a recession.'
Kyrsten Sinema has rankled fellow Democrats, but will it matter in her home state of Arizona?
While national Democrats, including President Joe Biden, struggle with Arizona Sen. Kyrsten Sinema's positions in an evenly-divided Senate, progressives at home are launching campaigns to pressure the state's senior senator, threatening a primary challenger in 2024. Progressives are expressing frustration with Sinema, who they say is working against an already moderate president and making Democratic priorities more difficult to enact.
A number of pediatric hospitals across the country are warning about an increase in the number of cases of multi-system inflammatory syndrome in children, a rare condition in which different parts of the body, including the heart, lungs, kidneys, brain, skin, eyes or gastrointestinal organs, become inflamed.
The House select committee investigating the Jan. 6 Capitol riot will "swiftly consider" holding one-time Trump White House adviser Steve Bannon, and potentially others, in contempt of Congress for ignoring committee subpoenas, committee chairman Bennie Thompson vice-chair Liz Cheney said Friday.
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Yellen confident Congress will raise debt ceilingU.S. Treasury Secretary Janet Yellen said on Sunday that it will be lawmakers' responsibility to raise the federal debt limit and expressed confidence that Congress would do so after the temporary reprieve runs out on Dec. 3.
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U.S. Treasury's Yellen confident Congress will pass global minimum taxTreasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries.
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Yellen confident Congress will raise debt ceilingU.S. Treasury Secretary Janet Yellen said on Sunday that it will be lawmakers' responsibility to raise the federal debt limit and expressed confidence that Congress would do so after the temporary reprieve runs out on Dec. 3.
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U.S. Treasury's Yellen confident Congress will pass global minimum taxTreasury Secretary Janet Yellen said on Sunday she was confident the U.S. Congress would approve legislation to implement the global corporate minimum tax agreed by 136 countries.
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Defaulting On The National Debt Ceiling Would Be Catastrophic For Small BusinessesIf the debt ceiling is not raised in the coming weeks, the U.S. will default on its debt for the first time in its history and that will be catastrophic for small businesses.
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U.S. Debt-Ceiling Crisis: Why It’s Nothing To Lose Sleep OverThe debt-ceiling crisis has been put off for a few weeks, but then the hysteria will resume. Don’t worry: It will be much ado about mostly nothing.
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