FAYETTEVILLE, Ark. (Fox 24) — – The U.S. House of Representatives has approved a temporary spending bill in hopes of avoiding a government shutdown.
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Officials said that for decades, the number of government bank accounts was unclear, public agencies used one of four different accounting systems, and … said an ongoing audit has found $6.8 billion in some 800 government accounts, but noted that $4.3 billion of that is not available for use because of
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The Treasury Department has updated the contingency plans for the Internal Revenue Service in case the federal government shuts down this weekend. The updated document describes how the IRS will handle the filing season, which is supposed to begin on Monday, January 29. The IRS is already
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Based on past shutdowns, something lasting a few days to a week is unlikely to have a sizable impact. A shutdown of several weeks could shave a few tenths of a percentage point from gross domestic product growth in a given quarter. Bloomberg economists estimate that a government shutdown that
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The U.S. must prepare to wage a great-power competition with China and Russia as those nations narrow their technological gap with the U.S. military and seek “to shape a world consistent with their authoritarian model,” according to a new Defense Department strategy report. Confronting China and
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