Federal Budget Deficit Narrowed in December

Federal Budget Deficit Narrowed in December

This post was originally published on this siteThe federal government ran a $21 billion deficit during December, the smallest monthly gap in two years, as the government took in more tax revenue while spending edged higher.

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Congress reaches agreement to avert calamitous US debt default

Congress reaches agreement to avert calamitous US debt default

This post was originally published on this site US senators struck a deal Tuesday to create a one-time law allowing Democrats to lift the nation’s borrowing authority and avert a catastrophic credit default without requiring votes from the opposition Republicans. The House of Representatives approved the fix in an evening...

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