Debt Ceiling Standoff
House Republicans and Democrats are facing a showdown over raising the nation’s borrowing limit as the U.S. hits its $34.1 trillion debt ceiling.
House Republicans and Democrats are facing a showdown over raising the nation’s borrowing limit as the U.S. hits its $34.1 trillion debt ceiling.
Photo by Win McNamee/Getty ImagesFormer President Donald Trump appears to have lied in sworn court records, opening him up to severe sanctions by a New York judge who has already lost his patience and threatened to punish him before.Trump claimed he wasn’t the president of the Trump Organization during his four years at the White House, despite previously testifying that he was an “inactive president.” And he claimed that he didn’t have a financial stake in a partnership with the real estate com
"The Daily Show" correspondent found some truly wild beliefs among the ex-president's supporters.
Daniels tweeted a snarky rebuttal after Trump on January 31 called her a "horseface" on Truth Social.
Spencer Platt/GettyPrisoners recruited by Russia’s Wagner Group to fight in Ukraine seem to be increasingly realizing they’ve been duped, and that no one ever counted on bringing them back alive.One inmate recruited by the group back in November has absconded from his team in Ukraine’s Luhansk region and fled to Russia by bus and ride-sharing app, where he says he is now hiding out in fear of revenge.“We thought we’d be equal with the hired fighters, that we wouldn’t be any different, but in rea
Fewer children = fewer workers = a shrinking economy. China's declining population will have catastrophic ripple effects on the global economy.
Both economists think the U.S. Federal Reserve is just as likely to overestimate inflation as underestimate it.
The former president used to have a very different opinion of people who invoked the constitutional right.
The New York Republican is facing mounting pressure over his many false claims, even from right-wing media outlets like OAN.
(Bloomberg) -- As Chicago struggles with rising crime and high-profile corporate departures, Mayor Lori Lightfoot has a message for business leaders: It’s time to be a cheerleader for their city. Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesNational Archives Releases Records Tied to Trump Classified DocumentsAdani Stock Crash at $92 Billion as Collateral Worries GrowIntel Slashing CEO, Managers’ Pay in a Bid to Preserve CashPorsche Blunder Puts $148,000 Sportscar on Sa
When Donald Trump left office in early 2021, he was apparently on much thinner financial ice than almost anyone knew.That revelation, which three accounting experts confirmed upon reviewing Trump’s 2020 tax return, may help explain some of the financial and political moves the former president has made in the intervening years. Snowballing legal fees, along with other possible legal settlements and judgments, threaten to consume the
As Russian troops continue military operations in the then more-than-four-month-old war against Ukraine, tempers were flying high. Andrei Gurulyov, a crony of President Vladimir Putin and a Duma member, reportedly told Rossiya-1, that Russia should look to recreate the Cuban missile crisis. The Cuban missile crisis of 1962 saw the U.S. and the now-defunct Soviet Union prepping for nuclear missile attacks, the former positioning them in Italy and Turkey and the latter in Cuba. Also Read: Putin's
Late one night in the spring of 1994, a 40-year-old federal judge was startled awake by loud pounding at the front door of his home in Vienna, Va. The sound was so jarring, so insistent, so out of character for his quiet Washington suburb that it unnerved J. Michael Luttig, a product of Northeast Texas who had put down deep roots in Beltway power circles.Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post. Luttig told his wife, Elizabeth,
Scott EisenMAGA-boosting radio host John Fredericks has turned on Donald Trump, telling the former president in no uncertain terms on Tuesday that “nobody cares” about his petty media feuds and “grievances” anymore.Fredericks, a longtime supporter of the twice-impeached ex-president, largely took issue with how Trump has seemingly ignored political issues while focusing his attention on far-fetched lawsuits and complaints about “fake news.” Additionally, Fredericks grumbled about Trump privately
On Jan. 19, the U.S. officially hit its debt ceiling, having spent all of the $31.4 trillion available for expenditures as allocated by the Treasury. In the days since, conversations have become...
SPUTNIK / AFPRussia’s Prosecutor General Igor Krasnov informed Russian President Vladimir Putin that more than 9,000 reservists were illegally mobilized in the war against Ukraine, according to the president’s office.“Through the efforts of supervision, more than nine thousand citizens who were illegally mobilized were returned home, including those who, due to their health, should not have been mobilized in any way,” Krasnov said in a meeting with Putin, the transcript of which was shared on Tu
As the debt ceiling fight heats up on Capitol Hill, House Democrats are eyeing an end-around strategy to bypass Speaker Kevin McCarthy (R-Calif.) — and the conservative hawks driving his agenda — to avoid a federal default later in the year. Democratic leaders have already begun talks about tapping a procedural tool, known as a…
(Bloomberg) -- New York’s attorney general said she will seek sanctions against former President Donald Trump, his three oldest children and their lawyers for making “demonstrably false” denials in response to the state’s $250 million fraud suit.Most Read from Bloomberg8,000 Layoffs Don’t Exactly Scream Family ValuesNational Archives Releases Records Tied to Trump Classified DocumentsIntel Slashing CEO, Managers’ Pay in a Bid to Preserve CashAdani Stock Crash at $92 Billion as Collateral Worries
GettyRussia is scrounging around for new ways to boost its military’s numbers in Ukraine without kicking off domestic backlash, according to a new British government intelligence assessment.“The Russian leadership highly likely continues to search for ways to meet the high number of personnel required to resource any future major offensive in Ukraine, while minimizing domestic dissent,” the intelligence analysis, shared on Monday, said.“Russian authorities are likely keeping open the option of a
This question is complex in reality, but from our point of view, simple at the same time.
Invading Russian forces lost more than 500 people killed and wounded near the town of Bakhmut, Donetsk Oblast, over the past day, spokesman for the Eastern Group of the Ukrainian Armed Forces Serhiy Cherevatyi said on Ukrainian national television on Jan. 31.