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debt ceiling

Latest Headlines

Latest Headlines

Spotlight: Super Congress appointees revealed

Congressional leaders have named the 12 lawmakers who compose the " Super Congress ," officially known as the Joint Select Committee on Deficit Reduction. House Majority Leader John Boehner (R-Ohio)

Backgrounder: Super Congress

What the Joint Select Committee on Deficit Reduction is: As part of the Budget Control Act of 2011 ( S. 365 Public Law 112-25 [.pdf]) deal to raise the debt ceiling, Congress created a joint

Debt ceiling deal won't have major effect on federal IT, says INPUT

Mandatory caps on discretionary spending placed onto the federal government as part of a deal to raise the debt limit will likely not have a major effect on information technology spending, says

Federal government poised for era of austerity

With expected August 2 passage in the Senate of a House-approved measure to increase the federal debt ceiling limit by as much as $2.4 trillion over the current $14.3 trillion limit, the federal

TSP board seeks to soothe debt-ceiling concerns, prevent G Fund withdrawals

Federal officials overseeing the Thrift Savings Plan say they have been pushing hard to prevent large-scale retirement plan withdrawals by federal employees since the administration decided to

Preserve federal research funding

In a recent hearing of a House Armed Services subcommittee, former secretary of the Air Force Hans Mark said that an additional $35 million a year could have a jump-starting effect on quantum

Our dysfunctional government

Looking at the current state of affairs, it's difficult not to conclude that the federal government--or at least its executive and legislative branches--are dysfunctional. The prospect of the United

Federal debt obligations outpace federal agency spending, notes CRS

Unless Congress votes soon to raise the current $14.29 billion debt limit, the United States faces the certainty of defaulting on its obligations after midnight of August 2. But even were the

Seeking debt ceiling head room, Treasury borrows from federal worker pensions

The Treasury Department is using what it refers to as "extraordinary measures" in order to buy time until Congress raises the $14.3 trillion debt ceiling, which the government hit on May 16.