House Speaker Kevin McCarthy agreed to raise the debt ceiling – and avoid an unprecedented US default – but only if Democrats agree to freeze spending and agree to several other demands.
As President Biden begins meeting with congressional leaders to resolve the debt ceiling showdown, an economist warns the consequences of a default could be dire.
In the 19th century, Purim became an occasion to hold fancy dress parties, the proceeds from which were given to charities. These parties helped American Jews gain a standing among the elite.