Congress can finally get down to business, now that House Republicans elected Kevin McCarthy Speaker of the House after six days of chaotic voting. But McCarthy may have given up so much power to secure a handful of votes from far-right Republicans that the House remains dysfunctional for the next two years.
For the time being, that doesn’t matter for the economy. A solid jobs report for December shows no sign of the recession some economists are predicting for 2023. Employers added 223,000…
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