If Congress doesn’t act before the March 1 deadline, federal spending will be reduced by $85 billion in the final seven months of the fiscal year ending Sept. 30 and by $1.2 trillion over the next nine years.
Legislation passed last year, known as a continuing resolution, funds the government through March 27.
Fitch Ratings has had a negative outlook on the U.S.’s AAA ranking since 2011.
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
Most Popular Articles
Latest Articles
Jessica Edgerton’s plan for CMLS amid MLS uncertainty
Jessica Edgerton takes over at CMLS, saying MLSs must defend neutral, timely data and engage in listing policy and broker talks.
-
Tepid spring selling, strong headwinds buffet builder confidence
-
Mortgage startup Copperlane targets origination inefficiencies with AI loan officer
-
Ascent Developer Solutions adds Boston-area office
-
Title insurance premiums rise to $4.5B in Q1
-
UWM fails to submit revised bid for Two Harbors, seller says
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio