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Congress barrels toward debt cliff | By Jordain Carney | | | Congress is barreling toward a fight as soon as next month over raising the debt ceiling, creating a huge challenge for President Biden and Democratic leaders in Congress.
Under a 2019 deal during the Trump administration, Congress agreed to let the government borrow through July 31.The Treasury Department at that point can take what’s known as extraordinary measures to keep the government solvent, but it’s unclear how long it will be able to do this.
In the Senate, raising the debt ceiling is subject to the filibuster, meaning Democrats will need GOP support. | Read the full story here | | | | | |
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Joe Biden the statesman | By Harlan Ullman | | OPINION | If anyone thought that 36 years in the Senate, chairing the Judiciary and Foreign Affairs Committees and eight years as vice president was not more than enough preparation for a president, especially regarding national security, that notion was shattered this week. Even honest conservative critics should give some credit to President Biden for a successful trip to Cornwall, Brussels and Geneva. | Read the full story here | | | | | |
How 'compounding pharmacies' can prevent the next drug crisis | By James Broughel | | OPINION | As the last year-plus has shown, regulations that seem to make sense in ordinary times can sometimes be revealed to have serious shortcomings during an emergency. In the public health sphere alone, regulations governing telehealth services, occupational licenses, and the authority of pharmacists to test for and immunize against COVID-19 have been relaxed or waived altogether. If these regulations (and others) had not been scaled back, the devastation wrought by the pandemic could have been far worse. | Read the full story here | | | | | |
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