United States Politics and Government – Page 425

Biden, Joseph R Jr Federal Budget (US) Fourteenth Amendment (US Constitution) House of Representatives National Debt (US) Republican Party Treasury Department United States Economy United States Politics and Government

Is the Debt Limit Constitutional? Biden Aides Are Debating It.

As the government heads toward a possible default on its debt as soon as next month, officials are entertaining a legal theory that previous administrations ruled out.

By Jim Tankersley

Biden, Joseph R Jr Federal Budget (US) Internal Revenue Service McCarthy, Kevin (1965- ) National Debt (US) Treasury Department United States Politics and Government

U.S. Could Run Out of Cash by June 1, Yellen Warns

Janet L. Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its bills.

By Alan Rappeport and Jim Tankersley

Fishing, Commercial Regulation and Deregulation of Industry Supreme Court (US) United States Economy United States Politics and Government

Supreme Court Takes Up Case That Could Curtail Agency Power to Regulate Business

The court’s Republican-appointed majority appears poised to chip away again at the authority of the administrative state to issue rules for the economy.

By Charlie Savage

Biden, Joseph R Jr Internal Revenue Service McCarthy, Kevin (1965- ) National Debt (US) Treasury Department United States Politics and Government

Trickling Tax Revenue Complicates Debt Limit Talks

The Treasury Department’s ability to delay a default, the so-called X-date, hinges on how fast the money is coming in.

By Alan Rappeport