by James Fite | Jan 25, 2023 | Articles, Good Reads, Opinion, Politics
We’ve seen it a million times: Fresh out of high school and on their own for the first time, many a new adult receives that first credit card – the ability to spend money they’ve yet to earn – well before learning how to manage what little they do have. How many, mad...
by James Fite | Jan 18, 2023 | Articles, Good Reads, Opinion, Politics
The debt limit is now expected to be met by Thursday, Jan. 19. Soon, to prevent falling behind on the payments, Congress is going to have to either spend less or borrow more, though the Treasury Department does have a few tricks up its proverbial sleeve to keep the...
by James Fite | Oct 27, 2022 | Articles, Good Reads, Opinion, Politics
The last big debt limit increase should carry the nation through until after September of next year – so why are Democrats panicking now? If Republicans take control of one or both chambers of Congress, several have promised to use the inevitable negotiations as...
by James Fite | Dec 10, 2021 | Articles, Good Reads, Opinion, Politics
A new type of deal brokered in the U.S. Senate could have long-reaching implications for the future of the filibuster. Thanks to dealings between upper chamber party leaders, a number of GOP lawmakers voted with Democrats to pass a resolution that would allow a simple...
by James Fite | Dec 9, 2021 | Articles, Opinion, Politics
Republicans are done helping the Democrats raise the debt ceiling. That’s what Senate Minority Leader Mitch McConnell (R-KY) said after he struck a deal with Senate Majority Leader Chuck Schumer (D-NY) to raise the limit back in October. But now the time has come once...