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Tuesday, April 29, 2025

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Budget

US National Debt Tops $31 Trillion for First Time

America’s borrowing binge has long been viewed as sustainable because of historically low interest rates. But as rates rise, the nation’s fiscal woes are...

Spending on Children Surged During the Pandemic. It Didn’t Last.

As programs expire, federal spending is returning to prior levels: $1 for every $6 spent on older adults.

Senate Passes Bill to Aid Ukraine and Avert Government Shutdown

The stopgap spending measure was the final legislative deadline facing the Senate before the midterm elections. It heads to the House next, with a...

Can Republicans Tax the Rich?

The continuing quest for a conservative policy reformation, and its continuing problems.

FDA’s Drug Industry Fees Fuel Concerns Over Influence

The pharmaceutical industry finances about 75 percent of the agency’s drug division, through a controversial program that Congress must reauthorize by the end of...

Biden Announces Major Investment in Electric Vehicle Charging Stations

President Biden promoted the $900 million investment in electric vehicles at the North American International Auto Show in Detroit.

Biden’s Student Loan Plan Sets Off Fierce Debate Among Economists

Liberals and more moderate Democrats are arguing over the impact on inflation, the federal budget deficit and high earners.

Fall Vaccination Campaign Will Bring New Shots, Worse Access

Updated Covid vaccines, expected soon after Labor Day, were designed to thwart Omicron variants. But money to distribute them has dried up.

Biden Student Loan Plan Squarely Targets Middle Class

President Biden is offering what independent analysts suggest would be his most targeted assistance yet to middle-class workers — while trying to repair what...

White House Expects Slower Economic Growth in 2022 Than Originally Projected

The Biden administration said its new forecast captured the effects of the Omicron wave of the pandemic and Russia’s invasion of Ukraine.

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