The Biden administration has set out to measure the economic value of ecosystems, offering new statistics to weigh in policy decisions.
Category: Federal Budget (US)
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White House Aims to Reflect the Environment in Economic Data
The New York Times – Business: -
Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game
The New York Times – Business:As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.
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America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The New York Times – Business:The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
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How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster
The New York Times – Business:Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt.
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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The New York Times – Business:The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
The New York Times – Business:A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress
The New York Times – Business:The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.
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U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress
The New York Times – Business:The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.
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U.S. Deficit Fell to $1.4 Trillion in 2022
The New York Times – Business:Borrowing remained elevated last year as spending fights loom in a divided Congress.
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
The New York Times – Business:If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Biden Signs Government Funding Bill, Preventing Shutdown
The New York Times – Business:The $1.7 trillion measure includes more money for the military and law enforcement, along with an overhaul of how Congress counts electoral votes in presidential elections.