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US House of Representatives Passes Bipartisan Bill to Raise Debt Ceiling and Limit Government Spending, with Student Loan Payments Set to Resume in 2023

The United States House of Representatives has passed a bipartisan bill to raise the debt ceiling and limit government spending in a bid to avert a potential default.[0] The bill is the result of a deal struck between House Speaker Kevin McCarthy and President Joe Biden, which includes provisions to cap federal baseline spending for […]

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Florida Governor Ron DeSantis Launches Presidential Campaign on Twitter Spaces with Elon Musk Amid Technical Glitches and Controversial Content Moderation Policies

Florida Governor Ron DeSantis has officially launched his presidential campaign in a Twitter Spaces chat with Elon Musk, the owner of the social media platform.[0] DeSantis filed his presidential paperwork with the Federal Election Commission on the same day, making him an official candidate for the 2024 Republican nomination.[1] The Twitter Spaces event was intended […]

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The US Approaches Debt Ceiling Deadline: Biden Considers Invoking 14th Amendment as Republicans Demand Spending Cuts

As the US approaches its debt ceiling, President Joe Biden is considering using the 14th Amendment to circumvent it. The amendment states that “the validity of the public debt, authorized by law…shall not be questioned.” According to certain legal experts, this provision empowers the Treasury Department to continue borrowing funds beyond the existing debt ceiling […]

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