The federal government's budget is set to expire this Friday at midnight. In a last-ditch attempt to avoid a fiscal cliff, House Speaker Paul Ryan (R-WI) is trying to woo Democrats by pushing a short-term stopgap bill that would extend the Children's Health Insurance Program (CHIP) for six years.
Kelly Macias, Staff Writer at Daily Kos, and Ed Morrissey, Senior Editor at Hot Air, discuss whether the Speaker's proposal is enough to get Democrats and Republicans on board. Morrissey says that while he thinks it's enough to keep the government afloat for a month, that a lot still needs to be done to find a long-term solution.
A long-term solution is stalled over debate around immigration. Democrats are holding out for a deal that provides a solution for young undocumented immigrants protected by President Obama's Deferred Action for Childhood Arrival program.
President Donald Trump has signed the GENIUS Act into law, setting new regulations for stablecoins, a type of cryptocurrency tied to assets like the U.S. dollar.
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell
San Jose’s mayor is using AI tools like ChatGPT to streamline city operations and improve services for its 1 million residents.
Shares of electric vehicle maker Tesla tumbled 7% as the feud between CEO Elon Musk and Trump reignited over the weekend.
Stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect.
A stark disagreement over regulating AI in Republicans’ tax cut and spending bill is the latest tension among conservatives about whether to let states continue to put guardrails on emerging technologies or minimize such interference.
