The rapid conversion of the U.S. transportation system to electric vehicles (EVs) will increase dependence on China for a critical link in the U.S. supply chain, according to Rep. Ryan Zinke (R-Mont.). Zinke raised the concern while questioning Transportation Secretary Pete Buttigieg about the impact proposed federal rules for vehicle emissions would have on the…

The rapid conversion of the U.S. transportation system to electric vehicles (EV) will increase dependence on China for a critical link in the U.S. supply chain, according to Rep. Ryan Zinke (R-Mont.). Zinke raised the concern while questioning Transportation Secretary Pete Buttigieg about the effect that proposed federal rules for vehicle emissions would have on…

Secretary of Housing and Urban Development Marcia Fudge testified before the House Appropriations Committee on April 18, defending President Joe Biden’s 2024 budget requests for the agency. Biden’s budget proposal includes $73.3 billion for HUD, which is around $1.1 billion more than the funding level in 2023. The measure is also asking for $104 billion…

On March 9, the Biden administration unveiled its $6.8 trillion 2024 budget proposal (pdf). Here are key takeaways from the proposal. Most notable is that the proposed budget would increase the national debt to nearly $51 trillion over the next 10 years, saddling American taxpayers with more than $1.3 trillion in annual interest by the…

The House Armed Service Subcommittee holds a hearing on the 2024 budget proposal for the Department of Defense in Science and Technology at 3:30 p.m. ET on March 23. Department of Defense Under Secretary of Defense for Research and Engineering Heidi Shyu, and Under Secretary of Defense for Acquisition and Sustainment William LaPlante will testify….

The House Armed Service Subcommittee holds a hearing on the 2024 budget proposal for the Department of Defense in Science and Technology at 3:30 p.m. ET on March 23. Department of Defense Under Secretary of Defense for Research and Engineering Heidi Shyu, and Under Secretary of Defense for Acquisition and Sustainment William LaPlante will testify….

The House Armed Service Subcommittee holds a hearing on the 2024 budget proposal for the Department of Defense in Science and Technology at 3:30 p.m. ET on March 23. Department of Defense Under Secretary of Defense for Research and Engineering Heidi Shyu, and Under Secretary of Defense for Acquisition and Sustainment William LaPlante will testify….

Bureaucrats leading various government agencies are raising concerns about the potential impact of steep expenditure cuts included in a Republican-backed budget proposal. Nearly 20 agencies, including the Departments of State, Treasury, Housing and Urban Development, Education, as well as the Social Security Administration, and several others, have written letters in recent weeks warning of consequences of returning to 2022 spending…

Treasury Secretary Janet Yellen offered senators no assurance that a Republican plan to prioritize payment of the nation’s bills to avoid default could be achieved due to the size and complexity of the government’s payment operation. “There is a reason that Treasury secretaries of both parties have rejected this incredibly risky and dangerous idea, and…

U.S. Treasury Secretary Janet Yellen testifies to the U.S. Senate Finance Committee at 10 a.m. ET on March 16 in a hearing on The President’s Fiscal Year 2024 Budget. …