federal funding

The Fed’s latest interest rate decision could affect a housing market near ‘breaking point’

Mortgage rates are likely to remain elevated through the summer, after Federal Reserve policymakers held the benchmark interest rate steady at their latest meeting.

Americans are putting less of a premium on four-year degrees — yay!

A new Pew Research study found that 22% of US adults don't believe a four-year degree is worth the price tag.

Border charities spending taxpayer millions on music therapy, 'people-plant interactions' and huge salaries: report

“The amount of taxpayer money they are getting is obscene,” Charles Marino, former adviser to the secretary of the Department of Homeland Security under Obama, said of the NGOs.

Access to remote learning, telemedicine during extreme weather events ending for millions

A federal program designed to provide internet access to low-income households is set to run out of funding during May, meaning millions of people could have to adapt to life...

House passes $467.5B 'minibus' spending bill to avert partial shutdown

The House of Representatives approved a “minibus” spending bill in a 339-85 vote on Wednesday to avert a partial government shutdown this weekend — despite opposition from conservative Republicans. The $467.5 billion...

Program for at-risk NYC students imperiled by loss of federal stimulus funds as city spends on migrants

A  program that serves thousands youths at risk of dropping out could be on the chopping block as federal emergency COVID funding keeping it afloat expires at the end of June,...

Desperate Ukrainians forced to repurpose billion-dollar weapons from 'trash' as Congress haggles over US aid

Under cover of night, as alarms warn of incoming missiles, dozens of mechanics work on billions of dollars worth of Western military equipment in a nondescript, hollowed-out garage in the...

Bipartisan Congress pushes for Ukraine War, Israel package before funding runs out

The Biden administration is planning to send one more aid package before the new year, but says it will be the last unless Congress approves more money.

Joe Biden must cut a deal with GOP and get vital aid to Ukraine NOW

If President Joe Biden wants to prevent Russia from winning in Ukraine and threatening broader aggressions, he needs to cut a deal with Republicans to get aid to Kyiv pronto.

US invests $2 billion for lower-carbon construction at federal buildings

The Biden administration will invest $2 billion in 150 federal building projects across 39 states that use materials that minimize carbon emissions, its latest effort to tackle climate change through...

Government shutdown 90% likely, could last up to 3 weeks: Goldman Sachs

Goldman Sachs' chief economist Jan Hatzius said a government shutdown is 90% likely to occur, and he expects it to last two to three weeks.

Gillibrand holds event touting $20M to plant more trees -- as NYC migrant crisis rages

"Whoever told Kirsten Gillibrand to make a rare pit stop to the Big Apple and talk trees during a migrant crisis deserves some serious shade,” a Democratic source at City...

Adams defends Chuck Schumer and Hakeem Jeffries' 'silence' during migrant crisis

Mayor Eric Adams defended Senate Majority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries on Saturday, insisting both are working hard to help the city deal with the migrant crisis.

Over 70K daycares in danger of closing, putting jobs for US women at risk

By the end of the month, as many as 3.2 million children could be left without child care and as many as 232,000 workers could be out of a job.

How to get Biden to stop feeding NYers manure and help on migrant mess

The president won't help with NYC's migrant crisis, so Mayor Adams and Gov. Hochul need to spring into action.

Fuzzy math: NYC school spending soars 33% amid plummeting enrollment

Spending on the New York school system skyrocketed 33% while enrollment has plummeted by a staggering 141,000 students since 2016 amid lackluster academic results, according to a new analysis released Tuesday.

Iowa senator wants to halt funding for Manhattan non-profit linked to Wuhan lab

Joni Ernst, a Republican Senator from Iowa, called on Congress to stop giving out grants to EcoHealth Alliance.

Letters to the Editor — Jan. 7, 2023

The Issue: Mayor Adams’ request for $1 billion from the federal government to cover the cost of migrants. Mayor Adams doesn’t have to finger President Biden for not dealing with...

Letters to the Editor — Dec. 28, 2022

Post readers sound off on Congress’ passage of a 4,155-page, $1.7 trillion omnibus spending bill.

Congressional negotiators reach government funding deal ahead of Friday deadline

The news came hours after the House began moving a stopgap spending bill to avoid a partial shutdown that would otherwise begin on Friday,