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Owning a home beats renting one in several important ways, common wisdom dictates, starting with the fact that homeowners pay down their own mortgage, rather than someone else’s. But home ownership feels out of reach to many Americans in 2023, thanks to a historic alignment of high mortgage rates and high sales prices. Surprisingly, real…
President Biden on Saturday signed legislation to raise the debt ceiling into 2025 and avert a default, marking a significant bipartisan accomplishment amid divided government in Washington, D.C. The president signed the bill just days before Treasury officials warned the department would run out of money to pay the nation’s bills, potentially triggering a recession…
The Democratic-led Senate handed a stinging rebuke to President Biden on Thursday, passing a measure that overturns his student debt relief plan to give 40 million borrowers up to $20,000 in loan forgiveness — though a presidential veto is likely on the way. The Senate passed the measure in a 52-46 vote just days after…
Billionaire and GOP megadonor Harlan Crow paid for the private school tuition of Justice Clarence Thomas’s great-nephew, whom the justice said he raised “as a son,” according to reporting by ProPublica. Thomas’s relative, Mark Martin, attended boarding schools Hidden Lake Academy in Georgia as well as Randolph-Macon Academy in Virginia. Tuition at Hidden Lake was…
Irish prime minister tells Biden he’ll ‘roll out the red carpet’ for visit President Biden on Friday hosted Irish Taoiseach Leo Varadkar for St. Patrick’s Day at the White House, a holiday celebration close to the president’s heart that is expected to precede his own visit to Ireland. “It’s good to have you back in…
Lachlan Murdoch dismisses ‘noise’ created by Fox News, Dominion lawsuit Lachlan Murdoch, the top executive at Fox Corp., dismissed negative headlines surrounding the company as it faces a $1.6 billion lawsuit stemming from its coverage of the 2020 election. “I think a lot of the noise that you hear about this case is actually not about…
White House: No government consensus on COVID lab leak theory The White House on Monday downplayed and would not confirm a report that the Department of Energy determined a lab leak was the most likely cause of the COVID-19 pandemic, saying there is no government consensus yet about what caused the outbreak. “The intelligence community…
Paul calls for declassifying documents showing that COVID came from Chinese lab Sen. Rand Paul (R-Ky.), the ranking member of the Senate Homeland Security Committee, says the Biden administration should declassify classified documents showing that scientists at the Department of Energy believe COVID-19 leaked from a lab in Wuhan, China. “Classified documents leaked (they…
Nearly 30 percent of work remains remote as workers dig in The pandemic may be winding down, but the work-from-home revolution marches on. Nearly 30 percent of all work happened at home in January, six times the rate in 2019, according to WFH Research, a data-collection project. In Washington and other large urban centers, the…
Jeffries suggests Republicans who heckled Biden are unfit to serve in Congress House Minority Leader Hakeem Jeffries (D-N.Y.) suggested that Republicans who heckled President Biden during the State of the Union address Tuesday evening are unfit to serve in Congress. “President Biden delivered a compelling speech outlining a vision to make life better for everyday…