Decades of excessive spending, paid with debt, are hitting America’s credit rating. On Aug. 1, Fitch Ratings downgraded the United States federal government’s rating from AAA, the best, to AA+, one notch below. Fitch blamed “the expected fiscal deterioration over the next three years, a ...
CHARLESTON — The Mountain Valley Pipeline, which appeared to be on its way to completion after federal action, has been halted again by the court system. Three judges with the Fourth Circuit of the U.S. Court of Appeals entered a short order late Monday to stay construction in the ...
by Steven Roberts After negotiating a deal with House Speaker Kevin McCarthy to avoid a catastrophic default on America’s debt, President Biden observed: “Now, this agreement represents a compromise, which means not everyone gets what they want. That’s the responsibility of ...
A debt ceiling crisis and global financial disaster was avoided late last week when the House of Representatives and Senate passed the Fiscal Responsibility Act of 2023; President Joe Biden signed it into law on Saturday, 48 hours ahead of the x-date the U.S. Treasury had set for running out ...
It was either the best deal that could have been reached given the political makeup of the House, Senate and White House, or it was a bad deal that might have been much better had Speaker Kevin McCarthy and House Republicans held out for more. Kevin Roberts, president of The Heritage ...
MORGANTOWN – The debt ceiling bill passed the U.S. Senate late Thursday evening and will head to the president's desk. The vote was 63-36 with four Democrats plus Bernie Sanders voting against it, along with 31 of the 49 Republicans. West Virginia Sens. Joe Manchin and Shelley Moore ...