Politics | WORLD
Logo
Sound journalism, grounded in facts and Biblical truth | Donate

Moneybeat: The debt ceiling debate

Last week, the U.S. national credit card got maxed out

The Treasury Department is now taking extraordinary measures to keep the government from defaulting on its debt, President Biden has approved even more federal funding for California’s storm recovery efforts, the FBI is offering a cash reward for information about a string of attacks against pro-life pregnancy centers, Defense Secretary Lloyd Austin is huddling with Western allies to talk strategy and military aid to Ukraine, the head of the United Nations nuclear watchdog is already hard at work in Ukraine to safeguard nuclear plants, actor Alec Baldwin is facing criminal charges in New Mexico, the U.S. government has announced a new program called the “Welcome Corps”


Recent

Ukrainian President Volodymyr Zelenskyy says supplies of Western weapons must come quicker than Russia’s attacks, Treasury Secretary Janet Yellen says today will be the day the U.S. government maxes out the amount of debt it is allowed to take on, Microsoft said it is laying off 10,000 workers, wholesale prices rose just 6-point-2 percent in December compared to a year earlier, authorities blame drugs and gang-related violence for the grisly murders of six people in California, pro-life advocates will participate in the 49th March for Life on Friday in Washington, D.C.

These are most important questions about President Joe Biden’s document woes

The White House is condemning Russia’s latest deadly attack on a civilian target, the United Nations’ nuclear watchdog agency is now helping to run nuclear energy plants across Ukraine, the head of the World Food Program says the war in Ukraine is largely to blame for a growing hunger crisis around the world, Biden hopes to persuade the Dutch to join the U.S. in limiting China’s access to advanced semiconductors through export restrictions, Secretary of State Tony Blinken says he had no idea that classified documents were stored at President Biden’s old Washington office, China’s population dropped last year for the first time in more than half a century

What will be the political fallout over the classified documents found in Biden’s garage and old Washington office?