#Federal Debt

Constructionhigh-profile.com

Outlook for Construction Spending Improves

Washington – Pent-up demand from the pandemic is creating a general spending surge that is helping to improve the outlook on construction spending over the next two years, according to a new report from the American Institute of Architects (AIA). After nonresidential construction spending declined by about 2% last year,...
Picture for Outlook for Construction Spending Improves
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Congress & CourtsTransport Topics Online

Infrastructure Bill Gives States Road Windfalls

[Stay on top of transportation news: Get TTNews in your inbox.]. California and Texas are in line for more than $25 billion each to rebuild their highways should Congress pass a bipartisan infrastructure deal, the White House said in a statement aimed at nudging lawmakers toward support for the measure.
Economypgpf.org

Debt Ceiling Update: What’s at Stake

On August 1, 2021, the statutory debt limit was reinstated after having been suspended for two years. As a result, the Treasury Department can no longer borrow additional funds under standard operating procedures. Instead, it will be forced to employ “extraordinary measures” such as suspending portions of the daily reinvestment of Treasury securities held by the Thrift Savings Plan’s G Fund (part of the retirement system for federal employees). That and other extraordinary measures will enable the Treasury to manage the government’s finances for a short period of time.
Congress & Courtsajot.com

Biden’s infrastructure bill sets up states for road windfalls

California and Texas are in line for more than $25 billion each to rebuild their highways should Congress pass a bipartisan infrastructure deal, the White House said in a statement aimed at nudging lawmakers toward support for the measure. The $550 billion legislation is under debate in the Senate this...
Hawaii Statehawaiinewsnow.com

Morning Beat: Lack of diversity among Hawaii judges

Recent research from the University of Hawaii suggests we should revisit current limits on water withdrawals from Oahu’s primary aquifer. Guy's Breaking News: Jamie O'Brien makes a surprise visit at Turtle Bay. Updated: 1 hours ago. Jamie OBrien, who recently opened a surf school at Turtle Bay Resort, surprised some...
Politicshawaiinewsnow.com

Business Report: Federal debt ceiling

Recent research from the University of Hawaii suggests we should revisit current limits on water withdrawals from Oahu’s primary aquifer. Guy's Breaking News: Jamie O'Brien makes a surprise visit at Turtle Bay. Updated: 1 hours ago. Jamie OBrien, who recently opened a surf school at Turtle Bay Resort, surprised some...
Omaha, NEWOWT

Lawmakers debate over student loans and bankruptcy

OMAHA, Neb. (WOWT) - For a number of college students, student loan debt can make it feel like you’re being penalized for going to college. On average, the cost keeps going up. A decade ago, student debt topped $1 trillion. It’s now at $1.7 trillion. As Creighton University undergrads get...
U.S. PoliticsPosted by
Daily Mail

Treasury Department will begin taking special cash-preservation measures on Monday to prevent the U.S. government from defaulting on its debt

The US Treasury is being forced into 'extraordinary measures' on Monday after Congress failed to meet a key deadline to raise or suspend the debt ceiling. The department is taking special cash-preservation measures to prevent the federal government from defaulting on its debts and running out of cash. Currently the...
Congress & Courtsthedispatch.com

Crashing Through the Debt Ceiling

Happy Tuesday. In accordance with the usual hurry-up-and-wait flow of Congressional action, we’ve got a full slate of legislative stuff to break down as the Senate plans to go to recess as early as next week. Let’s get right to it. Crashing Through the Debt Ceiling. It’s been a while...
U.S. Politicsstolenvoter.com

Yellen Details ‘Extraordinary Measures’ to Raise Cash as Debt Ceiling Hits

Treasury Secretary Janet Yellen on Monday announced a series of so-called “extraordinary measures” the department is taking to give the federal government more room to spend under a reimposed debt cap. Yellen detailed the emergency maneuvers—chiefly pausing investments in certain government employee pension funds—in an Aug. 2 letter to congressional...
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