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The federal government of the United States could literally run out of money sometime in the next two months, Congressional Budget Office Director Elemendorf has warned. The gloomy assessment also was made by the CBO in a recent study. The ...

“After months of hard work and intense deliberations, we have come to the conclusion today that it will not be possible to make any bipartisan agreement available to the public before the committee’s deadline.” That declaration by co-chairs, Representative Jeb ...

WASHINGTON – President Obama and Republican leaders confessed Tuesday to playing a belated April Fools’ joke on the American public in the form of a seemingly apocalyptic debate about the debt ceiling. Amid general giggling and back-slapping at Wednesday’s bipartisan ...

The current “crisis” coming out of Washington has to do with default.  If the debt ceiling isn’t raised, America will default and not be able to pay her bills.  No more Social Security checks for Grandma, and no more food ...