Oversight
Bipartisan Group Projects U.S. Default as Soon as Early June, Citing ‘Quite Low’ Cash Flows
Depending on how long a default lasted, a global recession could be triggered, new analysis finds
Oversight
Social Security Trustees Predict Benefit Cuts in 2033 without Congressional Action
The projections say that, without action, Social Security would have enough money to pay about 77% of the total scheduled benefits.
Oversight
Experts See Economic Problems for U.S. as Struggle Over Debt Limit, Spending Cuts Extends
Economic experts testified in front of the U.S. House Budget Committee on Wednesday, as a fierce debate over the nation’s budget remains front and center.
Workforce
Infant Formula Crisis Could Recur, Former FDA Official Tells Congress
While the Food and Drug Administration has made some changes, infant formula manufacturers are not required to notify the agency if they detect certain types of bacteria at their facilities.
Oversight
Democratic Report on U.S. Debt Default Predicts Disrupted Benefits for Seniors, Veterans
The report says that Treasury would only be able to pay debts using existing funds and incoming revenue in the event of a default.
Oversight
Moderna Plan to Hike COVID Vaccine Price to $130 a Dose Rebuked at U.S. Senate Hearing
Senators criticized decision, noting federal government invested nearly $2 billion in Moderna’s development of vaccine
Oversight
Biden Administration Details Potential Cuts in Education, Food Aid and More under GOP Plan
The cuts, according to the letters from Cabinet secretaries and agency heads, could impact dozens of federal programs and quality of life for many Americans.
Defense
Pentagon To Halt Use Of Firefighting Foam That Contains PFAS As Cleanup Costs Mount
The Department of Defense will stop purchasing PFAS-containing firefighting foam later this year and phase it out entirely in 2024.
Management
Biden’s Annual Physical Shows He Is ‘A Healthy, Vigorous, 80-Year-Old Male’
The evaluation of the president's health comes as he weighs whether to run for reelection in 2024.
Oversight
U.S. Likely to Default on Debt between July and September unless Congress Acts, CBO Says
Congressional Budget Office cautioned that the window is uncertain, since amount of money flowing into federal government from taxes, other revenue fluctuates
Oversight
New U.S. House Weaponization Panel to Probe FBI, IRS, ATF
Chairman Jim Johnson called on whistleblowers from throughout federal government to come forward to share information with committee
Oversight
U.S. House Agrees on Something: Lawmakers Condemn ‘The Horrors of Socialism’
However, Democrats rebuked majority Republicans for spending time on “political stunt” and refusing to allow debate on Social Security, Medicare amendment
Oversight
Biden and McCarthy Hold ‘Productive’ and ‘Frank’ Debt Limit Talks as Fiscal Cliffs Loom
“I thought this was a very productive conversation,” the Speaker of the House said.
Oversight
Biden, Democrats to U.S. House Republicans: Show Us Your Debt Limit Plan
The Treasury Department has been using accounting maneuvers to continue paying all of the country’s bills in full and on time.
Oversight
White House Defends Delay in Revealing Classified Documents at Biden Private Office and Home
Federal prosecutor Robert Hur will lead investigation to determine if president had mishandled classified material
Defense
Thousands of Veterans Deluge VA with Claims for Toxic Exposure Benefits, Health Care
The VA is processing claims at its fastest rate ever, as hundreds of thousands of veterans apply for health care under a toxic exposure law.
Oversight
White House Asks Congress for Billions in Ukraine, COVID-19 Funding During Lame Duck
The legislature has limited time to act.
Oversight
Man Who Attacked Speaker Pelosi’s Husband Wanted to Break ‘Her Kneecaps,’ Justice Department Says
The Federal Bureau of Investigation’s complaint and affidavit into the alleged crime revealed new insight into the attack that took place in the early morning hours Friday.
Oversight
A GOP Showdown Over the Debt Limit Could Grip Congress and the Nation Next Year
Republicans unhappy about government spending may push a federal shutdown
Oversight
New Fight Opens in Congress Over VA Policy that Sidesteps State Abortion Bans
Sharp GOP criticism of new abortion policy is expected to lead to court challenges
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