The relative indifference to the news that the U.S. government now owes $40 trillion demonstrates how drastically the politics of deficit spending has changed.
Category: Biden, Joseph R Jr
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In Trump’s Washington, Ballooning National Debt Stirs Little Action
The New York Times – On the Runway: -
Trump Administration Wants Billion-Dollar Businesses to Qualify as ‘Small’
The New York Times – Business:Higher revenue and employee limits for small businesses that get federal contracts and loans could disadvantage the smallest companies, their owners say.
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Did Bessent Put the Fed in a Bind?
The New York Times – Business:The Treasury Department’s plan for bond interventions have calmed markets. But Wall Street is worried about the fallout for inflation and more.
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Fauci Faces Contempt Vote. Here Are the Legal Issues Involved.
The New York Times – On the Runway:Dr. Fauci invoked his Constitutional right under the Fifth Amendment in refusing to answer questions from a Senate committee. Republicans say he is ineligible for that protection.
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Author of Democrats’ 2024 Autopsy Says Party Left Out Key Chapter
The New York Times – On the Runway:A dispute over the chapter between the author and the Democratic National Committee has added to the party’s turmoil as it tries to look forward, not backward.
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Gas Stations Gain When Oil Prices Start to Drop
The New York Times – Business:President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.
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Insurers’ Delays in Approving Medical Care Persist, Despite Promises
The New York Times – Business:Doctors and patients complain that the controversial practice of prior authorization for treatment and procedures is still widespread.
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For Trump, Soaring Prices Test Voters’ Finances and Patience
The New York Times – Business:Just months before another election that may hinge on the economy, the war in Iran has sent gas and other goods soaring.
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A Fact Check of Trump’s Claims on Inflation and Gas Prices in Iran War
The New York Times – Business:He has minimized soaring gas prices, rising inflation and the American economy’s need for the Strait of Hormuz.