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The portion of federal spending being determined by what’s called the appropriations process is relatively small.
A debt ceiling deal has been made, and student loan borrowers will have to start making payments again later this summer.
Where the votes go could determine how investors — and their portfolios — could look at the U.S.
The bill, which has passed in the Senate and is up for a vote in the House this week, would allocate tens of billions to communities which suffer disproportionately from the effects of climate change.
The CHIPS Act would create $52 billion in subsidies to encourage domestic chip production, but some say that isn’t enough to bring back the industry.
Also known as “extreme risk protection orders,” they can activate when violence becomes a possibility.
There wasn’t a Black member of the Fed’s board of governors until 1966. Part of the problem: too much emphasis on Ivy League economists.
Advocates had high hopes for the $320 billion initially included for housing, but the plan’s funding is being cut during negotiations.
U.S. government funding for even basic research has been in decline for decades.
If the bill becomes law, you’ll probably start seeing the payments show up in bank accounts within a couple weeks.