debt ceiling

Media Biden Fighting Back

White House wants Congress to give IRS back promised Inflation Reduction Act funds

IRS got roughly $20 billion in funding through the Inflation Reduction Act, but congressional Republicans demanded cuts to this spending.

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Debt Limit

Why the debt ceiling deal is not quite the defense windfall it seems to be

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AP Poll Polarization

Budget talks for 2024 are rocking, raising talk of a government you-know-what

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Congress Debt Limit

Regular business, like your agency’s budget, is coming back to life in Congress

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Head shot of Larry Allen

Now that the debt ceiling debate has been settled, it’s back to business as usual for contractors, right?

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Debt Limit

What does the latest debt ceiling deal mean for federal agencies?

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(AP Photo/Susan Walsh)FILE - In this photo March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. Lawmakers are increasingly looking at boosting the IRS to help pay for infrastructure improvements. (AP Photo/Susan Walsh, File)

IRS faces $20B cut from modernization fund under debt ceiling agreement

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Debt Limit

Biden and McCarthy reach a final deal to avoid US default and now must sell it to Congress

The debt ceiling deal has come with just days to spare before a potential first-ever government default. On Sunday, President Joe Biden and House Speaker…

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National Debt Fact Focus

Agencies know what to do during a government shutdown, but default is new territory

A federal judge in Massachusetts will hear oral arguments next Wednesday in a lawsuit that argues both that federal employees must be paid even if Congress…

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Nah, debt default won’t stop Social Security checks

Treasury has a way to ensure continuity of Social Security benefits payments without the need to raise the debt ceiling

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