Category: U.S. Debt Ceiling

US Will Run Out of Money to Pay Bills by June 8: Goldman Analyst

May 22, 2023
Business & MarketsDepartment of Treasuryeconomic policieseconomyU.S. Debt CeilingUSUS Newsx-date
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Alec Phillips, a research chief political economist at Goldman Sachs, expects the United States to have time until June 8 before the country runs out of money to service its payments. Earlier, Treasury Secretary Janet Yellen had said that the X-date—the date when the United States will be unable to pay its bills and thus…

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National Security and the Debt Ceiling

May 18, 2023
bondsBusiness & MarketsBusiness ColumnistsFitch ratingNational SecurityOpinionU.S. Debt CeilingViewpoints
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Commentary As the debt ceiling debate looms, U.S. national security may be at risk while welfare is safe. The U.S. Constitution states that the purpose of the government is “to establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity.”…

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LIVE 12 PM ET: NTD News Today (May 15): Texas Guard Prevents Crossings as Title 42 Ends; NYC Marine Veteran Charged With Manslaughter

May 15, 2023
Daniel PennydesantisEpochTVJordan NeelyLive VideosNTD News TodayTrumpU.S. Debt CeilingUSUS NewsVideo
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Officials from both sides of the aisle commented on the U.S. debt ceiling over the weekend—but with different solutions in mind. Rep. Michael McCaul (R-Texas) said the standoff was “a dangerous game.” Florida Governor Ron DeSantis is helping to raise funds for the legal costs of Marine veteran Daniel Penny. Penny is facing criminal charges…

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LIVE NOW: NTD News Today (May 15): Texas Guard Prevents Crossings as Title 42 Ends; NYC Marine Veteran Charged With Manslaughter

May 15, 2023
Daniel PennydesantisEpochTVJordan NeelyLive VideosNTD News TodayTrumpU.S. Debt CeilingUSUS NewsVideo
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Officials from both sides of the aisle commented on the U.S. debt ceiling over the weekend—but with different solutions in mind. Rep. Michael McCaul (R-Texas) said the standoff was “a dangerous game.” Florida Governor Ron DeSantis is helping to raise funds for the legal costs of Marine veteran Daniel Penny. Penny is facing criminal charges…

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NTD News Today (May 15): Rep. Says Debt Ceiling Standoff ‘A Dangerous Game’; DeSantis Fundraises for Marine Vet in Neely Case

May 15, 2023
Daniel PennydesantisEpochTVJordan NeelyLive VideosNTD News TodayTrumpU.S. Debt CeilingUSUS NewsVideo
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Officials from both sides of the aisle commented on the U.S. debt ceiling over the weekend—but with different solutions in mind. Rep. Michael McCaul (R-Texas) said the standoff was “a dangerous game.” Florida Governor Ron DeSantis is helping to raise funds for the legal costs of Marine veteran Daniel Penny. Penny is facing criminal charges…

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Biden Puts Economy in ‘Jeopardy’ By Not Negotiating Debt Ceiling: McCarthy

April 28, 2023
Business & MarketseconomyPoliticsU.S. Debt CeilingU.S. economyUS
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House Speaker Kevin McCarthy (R-Calif.) is criticizing Biden for endangering the American economy by failing to negotiate the debt ceiling, with Sen. Joe Manchin (D-W.Va.) also asking for negotiations. “The Senate’s done nothing,” McCarthy said in an April 27 interview with Bloomberg. “They haven’t done anything on the debt ceiling, and the president’s ignored this…

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GOP Lawmakers Propose 500 Bills to Cut Spending, Avoid Debt Ceiling Increase

March 28, 2023
congressPoliticsU.S. Debt CeilingUS
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Half a dozen Republican representatives held a press conference on March 28 about the issue of raising the debt ceiling and announced 507 bills to cut more than $1 trillion in government spending. Reps. Andy Biggs (R-Ariz.), Matt Rosendale (R-Mont.), Eli Crane (R-Ariz.), Bob Good (R-Va.), Matt Gaetz (R-Fla.), and Ralph Norman (R-S.C.) expressed their concerns about…

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Sen. Warren Blasts ‘Extremist’ Republicans for Risking Economic Disaster Over Debt Ceiling

March 7, 2023
economyPoliticsSen. Elizabeth WarrenSen. John KennedyU.S. Debt CeilingUS
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“Extremist” Republicans are trying to force Americans to accept massive cuts in federal spending that will harm the middle class in a deliberate attempt “to wreck the Biden economy,” Sen. Elizabeth Warren (D-Mass.) said on March 7. The remarks came as the opening salvo in a committee hearing to assess the possible economic impact of…

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