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Showing posts with the label UnitedStatesCongress

Zelenskyy warns of global nuclear threat in U.N. address

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[ad_1] Zelenskyy warns of global nuclear threat in U.N. address - CBS News Watch CBS News Ukrainian President Volodymyr Zelenskyy called on world leaders at the U.N. General Assembly to unite against Russia's aggression. He warned Moscow is "pushing the world to the final war" and urged action to restrain the Kremlin's nuclear abilities. Luke Coffey, senior fellow at the Hudson Institute, joins CBS News to break down Zelenskyy's address. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link https://worldnews2023.com/top-stories/zelenskyy-warns-of-global-nuclear-threat-in-u-n-address/?feed_id=327013&_unique_id=67550d1e4de...

Biden, Modi sidestep questions about humanitarian concerns in India

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[ad_1] Biden, Modi sidestep questions about humanitarian concerns in India - CBS News Watch CBS News Indian Prime Minister Narendra Modi addressed a joint session of Congress Thursday shortly after being welcomed to the White House by President Biden as part of a state visit. Human rights groups have accused Modi of discriminating against his country's Muslim population and silencing dissent. CBS News chief White House correspondent Nancy Cordes has the latest. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link https://worldnews2023.com/top-stories/biden-modi-sidestep-questions-about-humanitarian-concerns-in-india/?feed_id=217956&_uniq...

The U.S. has hit the debt limit. Now what?

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[ad_1] A political battle is brewing on Capitol Hill with potentially dire economic consequences looming after the U.S. hit the debt limit on Thursday. Lawmakers must reach an agreement to either raise or suspend the debt limit to avoid a credit default, which would mean the government couldn't pay its bills and would default on its debt obligations for the first time ever. Raising the debt limit would increase the amount the U.S. can borrow to meet its spending obligations. Suspending the debt limit means Congress freezes it until a specific date and then, as the Committee for a Responsible Federal Budget puts it, "sets an automatic catch-up," so that when that date arrives, the debt ceiling is raised to meet the current level of spending. For instance, the Bipartisan Budget Act of 2019 suspended the debt limit until July 31, 2021, and provided a "catch-up" that raised the debt limit by $6.5 trillion. The Treasury Department on Thursday started u...