debt ceiling
💧 House Speaker Johnson pushes funding bill to dodge government shutdown
House Speaker Mike Johnson (R-La.) is moving forward with plans to pass a short-term funding bill through March to avoid a partial go⛦vernment shutdown this week — enrag🎐ing hardline Republicans...
US $34 trillion national debt is 'boiling frog' scenario for economy: analyst
"Every r💖ound of fiscal stimulus brings the US one step closer to debt unsustainability," JPMorgan Chase strat☂egist Michael Cembalest wrote.
Biden’s border ‘insurrection’ꦜ, Harvard’s long post-Gay recovery and other commentary
“Despite all the dishonest talk of ‘insurrection’ coming from the left, it is Joe Biden’s open borders agenda that amounts to the greatest insurrection since☂ the Civil War," fumes Aaron...
Dems share blame for Speaker’s f🐲all, Sweden’s telling crime surge and other commentary
The blame for former Sꦰpeaker Kevin McCarthy’s ouster rests “with both parties’ leaders” for “failing to reach across the aisle to save the country from this mess,” argues Michael R....
🎶 Hey, Congress: End outrages like $3.3 billion for furniture instead of indulging in palace intrigue
Hello? Congress needs to pass a multitrillio✨n-dollar budget by Nov. 17. And if it can’t even look into (let alone control) what government shells out for furniture during a pandemic,...
US national 🎃debt hits $33 trillion mark for first time ever
🦄 According to♐ Treasury Department data, the federal government has spent nearly quarter of its budget -- 23% -- on Social Security in fiscal year 2023.
Government shutdown could impede GOP's Hunter Biden probe: McCarthy
Speaker Kevin McCarthy (R-Calif.) implied Sunday that a stopgap measure to avert a government shutdown in the fall is cr🍎itical to keeping the GOP's Hunter Biden investigations afloat.
Fitch downgrad🅷ed America to punish Republicans for the debt-ceiling fight
Fitch’s downgrade is 🧸a reactionary 🌳punishment for the debt-ceiling debate when the United States’ full-faith-and-credit ability to service our debt is under no threat.
Larry Su🔜mmers joins outcry over Fitch downgrade 𒊎
Former Treasury Secretary Larry Summers called Fitch's AAA-to-AA+ 🎀downgrade as "bizarre and inept," adding that "the economy looks strong꧒er than expected."
US credit rating downgraded in shock move: 'Deterioration in standards of governance'
Ratings agency Fitch on Tuesday downgraded the U.S. government's top credit rating to AA+ from AAA, citing an expected fiscal deterioration over the next three years. 🅷
Fed court stymies Manchin’s pri💖zed pipeline from debt🔯 limit deal
A federal appeals𒐪 court laid down a roadblock in comple🧸tion of a natural gas pipeline championed by Sen. Joe Manchin (D-WV).
US national debtဣ exc♓eeds $32 trillion for first time
The US national debt topped $32 trillion for the first time ever this week, according to Treasury Department data released on Friday. The debt milestone comes two weeks after President... 🐻
Conservative Republicans block bills from reachi🦂ng House floor in protest of McCarthy
Conservative Republicans on Tuesday retaliated against House Spea꧟ker Kevin McCarthy’s deal with President Biden to raise the debt ceiling by blocking bills from reaching the floor of the lower chamber. ...
McCarthy and Biden's debt deal: Letters to the Editor — June 5, 2023
Post readers sound off on the deal reached byღ President Biden and the House to suspend the debt limit and cap spen꧒ding.
Moderates win on debt-ceiling — despite Biden's obstructionism
ཧ That wasn't so hard: The Senate on Friday overwhelminglyไ passed legislation with bipartisan support, 63-36, to raise the debt ceiling along with the first major rollback of federal spending ever....
Joe Biden signs bipartisan debt-limit 🧸bill ꧟to avert US default
President Biden on Saturday signed the bill tha🦩t will raise the national debt by another $4 trillion.
Biden says US dodged 'economic collapse' in first Oval Office speech since deal reached to raise debt ceiling
President Biden used his first Oval Office address to the൩ nation Friday evening to celebrate passage of legislation raising the federal debt ceiling until January 2025.
Debt deal shows Democrats are th😼e party of freeloaders
On Wednesday night, th🐻e House passed legislation to raise the nation’s borrowing limit and cap future spend🦂ing.
Senate pa🐽sses bipartisan bill to raise debt ceiling and cap future spending just days before potential US default
The Senate on Thursday vote♚d to pass the bipartisan measure to raise the nation’s borrowing limit and cap future spending, sending the legislation to President Biden’s desk with just days...
In debt-ceiling battle, GOP failed to tackle the Big Green𝓰 blob🍌
The House on Wednesday nigh🎃t passed legislation negotiated by President Biden and House Speaker Kevin McCar🔯thy.