Bushfire in Adelaide Hills; PM says ‘we’ve got the balance right’ on climate policy changes – as it happened

Firefighters prepared for a long night battling an out-of-control blaze near Montacute in the Adelaide Hills. This blog is now closedGet our morning and afternoon news emails, free app or daily news podcastThe prime minister, Anthony Albanese, has resp…

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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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