The U.S. has surpassed its $31.4 trillion debt limit, leading the Treasury Department to implement extraordinary measures.
Treasury Secretary Janet Yellen notified Congressional leadership Thursday morning that she would begin implementing stopgap options to keep the government funded and avoid default. However, she has stressed the measures can only be used for a limited amount of time, likely through June.
Yellen has said it’s critical Congress act in a timely manner, warning that failure to address the debt ceiling would cause irreparable harm to the U.S. economy.
"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote in Thursday’s letter to congressional leaders.
Republicans, led by House Speaker Kevin McCarthy, are looking to use the additional time to negotiate with Democrats; they are hoping to cut spending in exchange for raising the debt ceiling. But, Democrats are so far refusing to make concessions.
"It is something that should be done without concessions. We should not be negotiating around it," White House Press Secretary Karine Jean-Pierre told reporters Wednesday. "It is the basic duty of Congress to get that done."
Republican lawmakers voted to temporarily silence a member of the so-called 'Tennessee Three' during a House session on Monday.
New video showed detained American Paul Whelan inside a Russian prison camp.
Russian President Vladimir Putin will not attend mercenary chief Yevgeny Prigozhin's funeral, according to the Kremlin.
The Biden administration is targeting the blood thinner Eliquis, diabetes treatment Jardiance and eight other medications for Medicare's first-ever drug price negotiations as it seeks to lower medical costs for Americans.
A medical rescue helicopter caught fire and broke apart shortly after takeoff Monday before crashing into an apartment complex near Fort Lauderdale, killing a paramedic captain on board and a resident on the ground, authorities said.
A report showed that 2022 saw a record number of requests to ban books at U.S. public schools.
A federal judge heard arguments on whether to move the case for Mark Meadows to federal court from state.
Former President Donald Trump and the 18 people indicted along with him in Georgia are scheduled to be arraigned next week on charges they participated in a wide-ranging illegal scheme to overturn the results of the 2020 election.
Data gathered by The Associated Press show at least 14 of the 20 most populous U.S. cities are hosting or starting programs, sometimes called civilian, alternative or non-police response teams.
The original march in 1963 drew as many as 250,000 people and helped pave the way for the passage of federal civil rights and voting rights legislation in the next few years.
