Biden Helped Evacuate the French Embassy While Leaving American Citizens to the Mercy of the Taliban

President Joe Biden boasted during a press conference Friday that his administration supported the evacuation of the French embassy in Kabul while at the same time American citizens are being told the U.S. government cannot escort them to the airport.

The U.S. Embassy in Kabul informed American citizens on Thursday that the Biden administration “cannot ensure safe passage to the airport.” The message came one day after Defense Secretary Lloyd Austin said the U.S. military lacks the capability to escort Americans trapped behind enemy lines to the airport.

However, the Biden administration did have the capability to provide support to a convoy of hundreds of French people from their embassy to the airport, the president said Friday.

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Janet Yellen Warns of ‘Irreparable Harm’ If Congress Doesn’t Raise the Debt Ceiling

Treasury Secretary Janet Yellen warned congressional leaders Friday that failing to raise the debt ceiling would risk “irreparable harm to the U.S. economy and the livelihoods of all Americans.”

In a letter, Yellen said that she did not know how long the Treasury Department could prevent the U.S. from defaulting on its debt, which could carry catastrophic economic consequences. The debt ceiling is set to expire on Aug. 1.

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Report: U.S. National Debt Closer to $123 Trillion, Nearly $796,000 Per Household

The U.S. national debt is closer to $123 trillion, more than four times what the Treasury Department is reporting, Chicago-based Truth in Accounting calculates in its new annual analysis of the nation’s finances.

The federal government has $5.95 trillion in assets and $129.06 trillion worth of bills resulting in a $123.11 trillion shortfall, or a debt burden of $796,000 per U.S. household.

Because of this massive amount of debt and repeatedly poor financial decisions made by lawmakers, TIA gave the U.S. government an “F” grade for its financial condition.

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Ex-Treasury Department Official Pleads Guilty To Leaking Trump Associates’ Financial Documents To BuzzFeed

A former Treasury Department official pleaded guilty in federal court in New York City on Monday to leaking sensitive financial records of multiple Trump associates and figures in the Trump-Russia investigation to a reporter at BuzzFeed News.

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Trump Administration Uses Obscure Treasury Department Agency to Tighten Foreign Investments in U.S. Tech and Data by China

by  Masood Farivar   For decades, it was virtually unknown outside a small circle of investors, corporate lawyers and government officials. But in recent years, the small interagency body known as the Committee for Investment in the United States has grown in prominence, propelled by a U.S. desire to use it…

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President Trump’s New Rule Aims to Expand Health Coverage and Lower Costs

by Robert Moffit   The Trump administration just announced a major regulatory change, effective Jan. 1, 2020, that could significantly expand access to affordable health coverage and increase the choice of health plans, particularly among workers and their families in small businesses. The proposed rule, jointly developed by the Department…

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Federal Court Hands Trump a Win, Brings Rogue Agency Under Tighter Control

Donald Trump

by John-Michael Seibler   “You’re fired.” President Donald Trump will soon be able to use his famous catch phrase against the head of a troubled federal agency, the Fair Housing Finance Agency, which is led by a single Obama appointee with no meaningful oversight from the president. The 5th U.S. Circuit…

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