Treasury’s Cash Pile Is a ‘Wild Card’ With New Administration
A change in the US Treasury’s leadership is likely to shift how the department treats the cash it parks at the Federal ...
The U.S. Has Hit The Debt Ceiling. How Long Does Congress Have To Fix It?
The government exceeded its borrowing limit on Trump's second day in office, leaving the new government with an uncertain ...
US Treasury Adds Measure to Avert a Debt-Ceiling Breach
The US Treasury said it’s expanding its use of special accounting measures to avert breaching the federal debt limit, which kicked back in earlier this month.
U.S. to Deploy ‘Extraordinary Measures’ to Avoid Default on Jan. 21
Janet L. Yellen, the outgoing Treasury secretary, urged lawmakers to raise the debt limit and protect the full faith and ...
U.S. Sen. Bernie Moreno introduces bill to fund Trump’s External Revenue Service
WASHINGTON, D. C. - U.S. Sen. Bernie Moreno introduced his first piece of legislation on Tuesday - a bill aimed at funding ...
The Chronicle of Philanthropy2d
The ‘Nonprofit Killer Bill’ Seems Scary — but Current Law Is Worse
While widely seen as a threat to civil society, HR 9495 actually gives nonprofits more power to fight back than the existing law.
Trump effectively pulls US out of global corporate tax deal
President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., ...
US recovers $31 million in federal payments to dead people
The U.S. government has clawed back more than $31 million in Social Security payments that improperly went to dead people.
Trump announces creation of External Revenue Service — here’s what new agency will collect
The creation of a separate department will likely need congressional support, though Trump could try to establish the ...
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.