Category: debt ceiling

Pentagon Cancels Drag Show on Air Force Base Amid Pressure From Congress

The military cancels a drag show at an Air Force base scheduled for Thursday. Congressman Matt Gaetz (R-Fla.) questioned the Pentagon over the event. The Senate is racing to pass the debt ceiling bill amid a looming default. But some senators tell us they’re voting no. Find out why in our latest coverage from Capitol…


Central Banks Caused Inflation, Debt Ceiling Deal Is ‘Total Scam,’ Says Reagan Economist David Stockman

The inflationary environment gripping the U.S. and global economies was driven by central banks worldwide distorting the economy through fiat credit expansion, resulting in sky-high inflation and financial bubbles, said David Stockman, the former director of the Office of Management and Budget (OMB) under President Ronald Reagan. During the coronavirus pandemic in 2020 and 2021,…


Central Banks Caused Inflation, Debt Ceiling Deal Is ‘Total Scam,’ Reagan Economist David Stockman Says

The inflationary environment gripping the U.S. and global economies was driven by central banks worldwide distorting the economy through fiat credit expansion, resulting in sky-high inflation and financial bubbles, according to David Stockman, the former director of the Office of Management and Budget under President Ronald Reagan. During the coronavirus pandemic in 2020 and 2021,…


What’s Next After House Passes Debt Ceiling Deal

The U.S. House of Representatives passed bipartisan legislation to suspend the nation’s debt limit through Jan. 1, 2025, despite vocal opposition on both sides of the aisle. The Fiscal Responsibility Act, a fiscal package put together by President Joe Biden, House Speaker Kevin McCarthy (R-Calif.), and their teams of negotiators, overwhelmingly cleared the lower chamber…


Congressman Says No to ‘Fiscal Responsibility Act’ to Raise Nation’s Debt Limit

The House is voting on the debt ceiling bill Wednesday night, and both Republican and Democratic leaders in the House are claiming victories. What do they say and why do some insist the deal is problematic? Congressman Tim Burchett (R-Tenn.) joins us to offer his perspective on the debt ceiling talks. We ask him how…


LIVE NOW: NTD Evening News (May 31): Debt Ceiling Bill Moves Toward Final House Vote; Christie, Pence Expected to Announce 2024 Bid

The debt ceiling bill brokered by President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) cleared its last procedural hurdle on May 31, paving the way for an up-or-down vote on the measure by the full House. The House approved a rule to limit debate on the bill and bar any amendments to the bill…


NTD Evening News (May 31): Debt Ceiling Bill Moves Toward Final House Vote; Christie, Pence Expected to Announce 2024 Bid

The debt ceiling bill brokered by President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) cleared its last procedural hurdle on May 31, paving the way for an up-or-down vote on the measure by the full House. The House approved a rule to limit debate on the bill and bar any amendments to the bill…


LIVE 11 AM ET: House Democrats Speak Before Debt Ceiling Vote

U.S. House Minority Leader Hakeem Jeffries and Democrats hold a press conference at 11:00 a.m. ET on May 31, ahead of the vote on the debt ceiling this evening. …


LIVE NOW: House Democrats Speak Before Debt Ceiling Vote

U.S. House Minority Leader Hakeem Jeffries and Democrats hold a press conference at 11:00 a.m. ET on May 31, ahead of the vote on the debt ceiling this evening. …


House Democrats Speak Before Debt Ceiling Vote

U.S. House Minority Leader Hakeem Jeffries and Democrats hold a press conference at 11:00 a.m. ET on May 31, ahead of the vote on the debt ceiling this evening. …