Government Spending

US halted dollar shipments to Afghanistan to keep cash out of Taliban’s hands

The Biden administration last week canceled bulk shipments of dollars headed for Afghanistan as Taliban fighters were poised to take control of the capital city of Kabul, part of a continuing scramble to keep hundreds of millions of dollars out of the hands of the terrorist group, according to people familiar with the matter.

All but 4 Senate Republicans vow not to vote to raise debt ceiling

Nearly all Senate Republicans signed a letter released Wednesday vowing not to vote to raise the debt ceiling, signaling that Democrats may be forced to raise the limit under budget reconciliation to prevent the United States from defaulting on its debt.