A default on the U.S. debt would be far worse than a government shutdown. Here’s how.
WASHINGTON — A U.S. default on its debt would have a significantly broader impact on federal operations, financial markets and the global economy than recent government shutdowns that have left ordinary Americans largely untouched. While the two have been confused frequently during debate over the debt limit, the federal government has had considerable practice with […]
Rural electric co-ops to get $10.7B in USDA funds for clean energy grants, loans
The U.S. Department of Agriculture will begin to administer two loan and grant programs worth nearly $11 billion to boost clean energy systems in rural areas, administration officials said Tuesday. Congress approved the federal spending — $9.7 billion for a grant and loan program the department is calling the New Empowering Rural America program, or […]