A default could shatter the $24 trillion market for Treasury debt, cause financial markets to freeze up and ignite an international crisis.
Politics
Local, statewide and national political news from the Kennebec Journal and Morning Sentinel.
Posted inNation & World, News, Politics
With all the politics and maneuvering, how is life in Florida changing for its residents?
For many of those who live in Florida, recent months have brought some changes — many linked to Gov. Ron DeSantis
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Posted inNation & World, News, Politics
South Carolina Sen. Tim Scott launches 2024 Republican presidential bid
He enters the race with more cash on hand than any other presidential candidate in U.S. history, with $22 million left in his campaign bank account at the end of his 2022 campaign that he can transfer to his presidential coffers.
Posted inLocal & State, Maine Crime, News, Politics
For these Maine inmates, parole debate isn’t hypothetical
Some members of the Maine State Prison Debate team are at the heart of stalled legislative efforts to reinstate parole in Maine for the first time in more than 40 years. Many crime victims say the parole process is too traumatizing.
Posted inArts & Entertainment, Local & State, News, Politics
Longtime Maine Public Radio journalist Mal Leary dies at 72
Known as the dean of the State House press corps, Leary covered politics for 45 years for radio, TV and print, and even started his own news service.
Posted inBusiness, Nation & World, News, Politics
Biden, McCarthy to meet Monday for debt limit talks after ‘productive’ call
Biden previously said on Sunday that Republicans in the House must move off their ‘extreme positions’ on the now-stalled talks over raising America’s debt limit.
Posted inLocal & State, Nation & World, News, Politics
Most of Maine’s delegation won’t even talk about an assault weapons ban
Three of the state’s four members of Congress oppose a ban, mostly because they don’t believe it’s practical in a divided government. Only Rep. Chellie Pingree supports it.
Posted inNation & World, News, Politics
Biden aims to reassure world on U.S. debt standoff as he consults with Indo-Pacific leaders
Hoping to avert an outcome that would rattle the global economy and prove to be a boon to Beijing, Biden opened his third day in Japan at the annual G7 meeting of the world’s most powerful democracies.
Posted inNation & World, News, Politics
Florida Gov. Ron DeSantis asks that judge be disqualified from Disney’s free speech suit
His motion was filed a day after Disney announced that it was scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California.
Posted inNation & World, News, Politics
2024 Republican hopefuls rush to defend Marine who put NYC subway rider in fatal chokehold
Daniel Penny, a white U.S. Marine veteran, was caught on video pinning an agitated Black subway passenger, Jordan Neely, to the floor in a chokehold, which led to Neely’s death.