WASHINGTON — U.S. lawmakers passed the massive annual defense spending bill Thursday, approving the $886 billion National Defense Authorization Act (NDAA) by a vote of 310-118 to be signed into law by President Joe Biden. The bill setting policy and spending priorities for the Department of Defense for 2024 is $28 billion larger than last year’s […]
“We are concerned that the latest draft of the rule would fall far short of providing the full scale of debt relief that low- and middle-income Americans urgently need.” Seven members of Congress on Monday sounded the alarm about the Biden administration’s evolving student debt cancellation plan and called on U.S. Secretary of Education Miguel Cardona to […]
“If not for the Bush tax cuts, their extensions, and then the Trump tax cuts, the U.S. debt-to-GDP ratio would be declining indefinitely,” wrote Sen. Sheldon Whitehouse. The Democratic chair of the Senate Budget Committee rebuked his Republican colleagues on Thursday for demanding action to reduce the U.S. debt after adding roughly $10 trillion to it with […]
“The oil and gas industry could stick taxpayers with a massive bill of between $2.9 billion and $17.7 billion,” warned Public Citizen’s Alan Zibel. Fossil fuel industry-funded Republicans on the U.S. House Natural Resources Committee voted Wednesday to advance Rep. Lauren Boebert’s bill that would saddle taxpayers with the massive cost of cleaning up oil and gas wells […]