Category: United States Politics and Government

Here’s What’s in the Debt Ceiling Deal

Two years of spending caps, additional work requirements for food stamps and cuts to I.R.S. funding are among the components in the deal.
Capes, Couture and Prince William at the Royal Wedding in Jordan

Jill Biden and a whole lot of royals from around the world made for a study in modest chic at the wedding of Hussein, the crown prince of Jordan, to Rajwa Al Saif.
Supreme Court Backs Employer in Suit Over Strike Losses

The justices ruled that federal labor law did not block state courts from ruling on a case regarding damage caused when workers walked off the job.
Markets Rise as Debt Ceiling Deal Moves to the Senate

Global markets edged higher as the prospect of the United States defaulting on its debt grows more remote.
Despite Debt Limit Deal, 14th Amendment Questions Linger

President Biden has been considering ways to challenge the constitutionality of the debt limit to defuse the risk of default.
A.I. Poses ‘Risk of Extinction,’ Industry Leaders Warn

Leaders from OpenAI, Google Deepmind, Anthropic and other A.I. labs warn that future systems could be as deadly as pandemics and nuclear weapons.
Can the ‘California Effect’ Survive in a Hyperpartisan America?

For decades the state has been setting policy for the whole nation. Now red states are pushing back.
What’s in the Bipartisan Debt Limit Agreement

Spending caps, additional work requirements for food stamps and a new natural gas pipeline are just several of the components in a deal President Biden and Speaker Kevin McCarthy reached to prevent default.
Why the Debt Limit Spending Cuts Likely Won’t Shake the Economy

With low unemployment and above-trend inflation, the economy is well positioned to absorb the modest budget cuts that President Biden and Republicans negotiated.
Biden Officials Announce Indo-Pacific Trade Deal, Clashing With Industry Groups

The United States announced a deal to coordinate supply chains with allies, but prominent business groups said the deal fell short on reducing tariffs and other trade barriers.
Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout

The Treasury secretary, who considered ways to contain the fallout of a default when she was a Fed official in 2011, had urged Democrats to raise the limit while they still had control of Congress.
Time Is Running Out for Congress to Raise the Debt Ceiling

With a June 5 deadline looming, there is much to be done to prevent the default that leaders of both parties said would never happen.