US President Joe Biden and Vice President Kamala Harris meet with Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY) , and House Minority Leader Hakeem Jeffries (D-NY) at the White House on February 27, 2024 in Washington, DC Roberto Schmidt | Getty Images President Joe Biden…
Funding for more than half of the government was set to expire early Saturday morning, likely leading to a brief partial shutdown over the weekend after Republican senators refused to allow quick passage of a $1.2 trillion spending bill that would House of Representatives had approved earlier on Friday. A partial government shutdown would cap…
Congressional leaders said Tuesday morning that they had reached an agreement on the final package of spending bills to fund the federal government through the fall, although it was unclear whether they could pass it in time to avert a brief partial shutdown over the weekend. Republicans in the House of Representatives, Democrats in the…
Customers shop at a Walmart Supercenter in Hallandale Beach, Florida, on February 20, 2024. Joe Raedle | Getty Images News | Getty Images Consumer spending rebounded in February from a plunge in January, with some support from Leap Day. But even after accounting for that extra day of spending, sales still saw good growth. The…
U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress in the House of Representatives at the U.S. Capitol in Washington, U.S., March 7, 2024. Elizabeth Frantz | Reuters President Joe Biden signed a $460 billion spending bill Saturday, averting a partial government shutdown that would have taken…
Chancellor Olaf Scholz comes to Berlin for the weekly cabinet meeting of the federal government on October 11, 2023. Michele Tantussi | Getty Images News | Getty Images MUNICH, Germany (AP) — Chancellor Olaf Scholz on Saturday reaffirmed Berlin’s commitment to spending 2% of the country’s gross domestic product (GDP) on defense this year and…
Germany’s defense minister said Saturday that his country’s pledge to spend 2% of GDP on defense was just the starting point and that more was likely needed. Previously, Chancellor Olaf Scholz had insisted that the 2% spending target would be achieved “in the 2020s, 2030s and beyond”. However, German Defense Minister Boris Pistorius emphasized that…
NATO Secretary General Jens Stoltenberg speaks during a press conference on the third day of the annual meetings of the International Monetary Fund and the World Bank on October 11, 2023 in Marrakech, Morocco. Susana Vera | Reuters NATO Secretary General Jens Stoltenberg acknowledged criticism that some members had underfunded the coalition’s defense budget and…
