Office of Management and Budget to formally initiate the process of preparing for a shutdown Friday

Office of Management and Budget to formally initiate the process of preparing for a shutdown Friday

CNN  —  While the House and Senate remain far apart on a spending deal, the federal government will soon formally initiate the process of preparing for a potential shutdown, participating in the mandatory but standard process of releasing shutdown guidance to agencies ahead of the September 30 funding deadline. The standard procedure laying out the … Read more

Bidenomics Boosts the US Economy, Fanning Soft-Landing Hopes, Inflation Fears

Bidenomics Boosts the US Economy, Fanning Soft-Landing Hopes, Inflation Fears

The economy is getting a boost from Bidenomics and a bulging federal budget deficit, simultaneously fueling hopes the US will avoid a recession while fanning fears it will be stuck with too much debt and too-high inflation. A trio of legislation championed by President Joe Biden – stepped-up infrastructure spending, increased investment in a green … Read more