Moderate Dems Cite ‘Significant Concern’ Spending Cap Talks Could Lead To $75 Billion Defense Cut

A group of moderate Democrats this week expressed “significant concern” over potential cuts to defense spending as a result of a reported plan by House GOP leadership to cap fiscal year 2024 discretionary funds at FY ‘22 enacted levels. Twelve members …

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Treasury Secretary Janet Yellen On Friday Notified Congress That The U.S. Will Reach Its Statutory Debt Limit Next Thursday

Janet Yellen, US Treasury secretary, speaks during a Financial Stability Oversight Council (FSOC) meeting at the Treasury Department in Washington, DC, US, on Friday, Dec. 16, 2022. Ting Shen, Bloomberg  CNBC: U.S. will hit its debt limit Thursd…

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