by James Fite | Jun 1, 2023 | Articles, Good Reads, Opinion, Politics
The debt limit deal worked out between House leadership and President Joe Biden has passed and is headed to the Senate. The bill, which both Biden and House Speaker Kevin McCarthy (R-CA) laud as a bipartisan compromise that works for America, cleared the lower chamber...
by Andrew Moran | May 29, 2023 | Articles, Good Reads, Opinion, Politics
For years, anyone who has had a peanut gallery or front-row seat in the political theater during the debt ceiling drama knew that President Joe Biden and the House Republican leadership would come together at the last minute and strike a deal. It might not have been a...
by Mark Angelides | May 23, 2023 | Articles, Good Reads, Opinion, Politics
With just a week to go before a possible default on the nation’s spiraling debt, President Joe Biden and House Speaker Kevin McCarthy (R-CA) once again failed to come to a compromise. Displaying all the drama of a “will they, won’t they” 80s romcom, the two leaders...
by James Fite | May 20, 2023 | Articles, Good Reads, Opinion, Politics
Friday’s stop-and-go debt limit negotiations ended with no sign of progress and no future meetings on the matter scheduled. The GOP had paused the talks earlier in the day, presumably a sign the proceedings were going nowhere fast, but negotiators came back to the...
by Andrew Moran | May 17, 2023 | Articles, Good Reads, Politics
The X-Date – the day when the US Treasury will no longer be able to meet its obligations if Congress fails to raise the debt ceiling – is fast approaching. Washington has only a couple of weeks to increase the debt limit until hellfire and brimstone ostensibly sweep...