Biggest Pension Rescue Plan in US History – By Yuval Rosenberg and Michael Rainey (Fiscal Times) / Dec 8, 2022
Happy almost Friday! WNBA star Brittney Griner is on her way back to the United States after President Joe Biden approved a prisoner swap for convicted Russian arms dealer Viktor Bout, nicknamed the “Merchant of Death,” who had served 10 years of a 25-year prison sentence. And there’s a new royal documentary series that’s garnering lots of attention. Something something Harry. Something something Meghan. Honestly, we’re doing our best to avoid it — but, hey, that just means you’re guaranteed there won’t be any spoilers below.
Here’s what we’re watching instead.
Another ‘Unnecessary, Manufactured’ Budget Crisis?
The House passed a pair of big bills today, but bipartisan talks on funding the government through the rest of fiscal year 2023 remain at an impasse, with Democrats and Republicans billions apart on proposed domestic spending. As lawmakers scramble to try to break the gridlock ahead of a December 16 deadline, when current funding will expire, Democrats are preparing to release their own spending package for 2023 on Monday in a bid to turn up the pressure on the GOP
“Today, we are careening toward another unnecessary, manufactured crisis with current government funding set to expire in eight days,” Senate Appropriations Committee Chairman Patrick Leahy (D-VT) warned.
CONTINUE > https://www.thefiscaltimes.com/newsletter/20221208-Biggest-Pension-Rescue-Plan-US-History
