Negotiations begin after party leaders assume new roles in the Senate. Speaker of the House Mike Johnson said raising the debt limit will be the primary goal of…
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Treasury Secretary Updates House on Debt Ceiling
The new debt limit is expected to be reached by mid-January. Secretary of the Treasury has alerted the House of Representatives that the United States will likely hit…
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UN Climate Conference Will Address Climate Finance for Developing Nations
COP29 set to focus on renewed commitments to Global South. The United Nations Climate Change Conference (COP29) is set for November in Azerbaijan. Nearly 200 nations will discuss…
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Legislators Raise Concerns About Defense Spending
They question the costs the Defense Department pays contractors. Members of Congress are seeking ways to rein in wasteful defense spending. During a recent congressional hearing, Representative Michael…
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Administration Announces $7.7 Billion in Additional Student Loan Relief
Three categories of borrowers were selected for debt cancellation. The Education Department announced the latest round of student loan borrowers selected for debt relief. Three categories of borrowers…
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FAA Allocates Funding for Airport Infrastructure Projects
The investment will support 45 projects in 22 states. The Federal Aviation Administration (FAA) is allocating $76.1 million for 45 airport infrastructure projects across 22 states, funded under…
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Education Department Drafts Next Wave of Student Debt Relief
The agency proposes canceling debt accrued by high interest rates and long payment plans. The Department of Education released a draft this week of the next wave of…
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IRS Exceeds Taxpayer Assistance Response Goals
Secretary Yellen seeks to maintain Congressional investment. The Internal Revenue Service (IRS) said this week that the agency exceeded its taxpayer response goals for the year. They attribute…
Read MorePresident Announces $7.4 Billion in Student Debt Cancellation
The student loan forgiveness applies to those enrolled in SAVE and other Income-Driven Repayment plans, and Public Service Loan Forgiveness. President Joe Biden’s administration announced another wave of…
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Energy Department Invests $750M in Hydrogen Industry
52 projects in 24 states receive Bipartisan Infrastructure funding. The Department of Energy (DOE) invested $750 million into America’s hydrogen energy industry this month, funding 52 projects in…
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