Host Bob Leins welcomes Josh Huder, Ph.D., to the studio to discuss the 115th Congress. Josh is a Senior Fellow at The Government Affairs Institute at Georgetown University, a non-profit organization dedicated to educating Federal employees about Congress and its operation.
In today’s Federal Newscast, the Congressional Budget Office says the Treasury Department will run out of funds by late March unless it’s raised.
Senior Correspondent Mike Causey says the G fund becomes a political football each time Congress debates raising the debt ceiling, and that makes many investors nervous.
The Treasury Department will have to take extraordinary measures, which may include borrowing from the Thrift Savings Plan’s G fund, for the next few months in order to keep the federal government from defaulting on its debts.
Trump signs a $15.3 billion disaster aid package despite conservative objections to linking the emergency legislation to a temporary increase in America’s borrowing authority
Senate Republicans have almost doubled the size of President Donald Trump’s emergency Harvey aid package, adding a first installment to help communities in Texas rebuild from the storm _ and stock reserves for looming damage from Hurricane Irma
President Donald Trump once again threatened the possibility of a government shutdown, this time over funding for the construction of a wall along the southern border.
Budget experts say it’s only prudent for federal contractors to start preparing now for a possible government shutdown on Oct. 1.
The House passed a “minibus” of 2018 spending bills before leaving town for a month-long recess. Budget experts say the possibility of sequestration isn’t the only reason why the minibus has little chance of survival.
The Congressional Budget Office detailed in a new projection that the government would hit the debt limit by March 15, and Treasury would have to take extraordinary steps to keep the nation from defaulting.