by Andrew Moran | Nov 20, 2021 | Articles, Economic Affairs News, Good Reads, Opinion
‘Tis the season to either feign outrage over the national debt or proclaim that the U.S. government needs to spend more to avoid economic catastrophe. A month after Republicans and Democrats agreed to kick the can down the road, allowing the Treasury Department...
by Mark Angelides | Oct 13, 2021 | Articles, Good Reads, Opinion, Politics
The House of Representatives has voted to extend the federal debt ceiling until early December, staving off a precarious financial default that could have had severe consequences for the U.S. economy. The legislation passed along party lines with a tally of 219–206...
by Jose Backer | Oct 11, 2021 | Articles, Good Reads, Opinion, Politics
Sen. Mitch McConnell (R-KY) has done it again. After weeks of insisting that he and his fellow Senate Republicans would not vote with Democrats to raise the debt limit under any circumstances, it appears as though that exact scenario has taken place. As many have...
by James Fite | Oct 8, 2021 | Articles, Opinion, Politics
Late Thursday evening, October 7 – after a good deal of back and forth and uncertainty as to whether enough Republicans would agree to overcome the filibuster – the Senate passed a bill to increase the debt limit by $480 billion. The actual passage of the bill was...
by Liberty Nation Authors | Oct 7, 2021 | Articles, Politics
Editor’s note: This article is being updated as new information becomes available. GOP senators had a private party meeting Thursday afternoon, but still haven’t quite hammered out what the temporary debt ceiling deal should look like in order to allow it to pass,...