Debt as a share of the U.S. economy will reach 118% in 2035, the Congressional Budget Office said on Thursday.
Category: United States Politics and Government
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Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
The Consumer Financial Protection Bureau wants to return a $105,000 penalty it collected last fall when it resolved a discrimination lawsuit.
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Trump Announces 25% Tariffs on Imported Cars and Car Parts
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.
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Tariffs Could Give Tesla and Musk a Leg Up on Rivals
The company led by President Trump’s confidant Elon Musk builds all the cars it sells in the United States domestically and will be exempt from tariffs on finished vehicles.
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Trump Allies Grill PBS and NPR During Congress Hearing
Dark pronouncements by Republicans about a “communist agenda” espoused by public media were intercut with lighter references to “Sesame Street” and “Curious George.”
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Trump to Announce Tariffs on Foreign Cars
The president is expected to announce tariffs on foreign cars on Wednesday, a measure that could bring car factories to the United States but raise prices for consumers.
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Voice of America Director Sues Trump Officials Over Shutdown
The lawsuit by the director and journalists is the latest legal challenge to the administration’s bid to dismantle the government-funded broadcaster.
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Who Are the CEOs of NPR and PBS, Katherine Maher and Paula Kerger?
The two public media organizations will be represented before Congress by executives with very different résumés.
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U.S. Could Run Out of Cash by May, Budget Office Predicts
The Congressional Budget Office said that the so-called X-date could occur as early as spring if Congress does not lift or suspend the nation’s debt limit.
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PBS and NPR Funding Has Been Threatened Before
Republicans in Congress have made several attempts to defund NPR and PBS over the last half-century.
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At Paul Weiss, Panic, Poachers and a Fight for the Bottom Line
Fears that competitors could take its top rainmaking talent added to the law firm’s worries about a Trump executive order that targeted it.