The department has in the past deployed what are known as “extraordinary measures” or accounting maneuvers to keep the government operating.
December 30, 2024Joe Biden News Updates
Yellen Urges Swift Action as Debt Ceiling Looms
US Economy Defies Odds Despite Election-Year Challenges
Despite uncertainty around a presidential election, elevated interest rates and a cooling labor market, economic growth remained solid in 2024.
December 30, 2024House Passes Spending Plan Hours Before Shutdown Deadline
The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.
December 20, 2024Congress Clears TSA Clearance Bill for Truckers
Legislation designed to facilitate commercial drivers’ applications for security credentials was recently cleared by Congress for President Joe Biden’s desk.
December 19, 2024Biden’s Climate Goal Seeks 60% Emissions Cut by 2035
Biden said the new goal keeps the U.S. on track to achieve net-zero greenhouse gas emissions economy-wide by 2050. It calls for reducing net emissions by 61% to 66% below 2005 levels in 2035.
December 19, 2024Biden’s EPA Approves California’s Gasoline Car Ban by 2035
The action threatens to complicate Trump's vow to "terminate" EV mandates, keeping pressure on automakers to comply with California’s requirements, potentially for years to come.
December 18, 2024Energy Chief Granholm Warns Against 'Unfettered' LNG Exports
WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.
December 17, 2024Biden to Announce Chinese Semiconductor Probe in Coming Days
President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.
December 17, 2024Trump to Take Reins as Biden Rushes Infrastructure Projects
WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.
December 17, 2024Biden’s LNG Study to Stop Short of Halting New Exports
A study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to sources.
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