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New speaker, new attitude

And the White House rebuked a comparison of Israel to Russia. ....

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Energy and Environment

The latest news and analysis on green energy, the environment, electric cars and fossil fuels. ....

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Energy and Environment

Energy and Environment
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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U.S. spending on debt interest climbs

The U.S. government spent $659 billion this year paying off the interest on its debt, according to a Treasury report released Friday, as the nation’s widening fiscal imbalance and the Federal Reserve’s rate increases dramatically raised the federal cost of borrowing.

Because the federal government spends more than it collects in tax revenue, the Treasury Department issues new debt to cover the rest of its payment obligations. That debt must be repaid with interest costs that grow as the debt grows, and as the central bank has raised interest rates to cool inflation, the borrowing costs to the U.S. government are also way up. ....

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Venezuela Pledges Small Steps Toward Fair Elections Next Year

The agreement signed on Tuesday by the country’s authoritarian government and the opposition would not allow all candidates to run. ....

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