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President Joe Biden signed the Fiscal Responsibility Act on Saturday, suspending the debt ceiling for 19 months and bringing a monthslong political battle to a close.
Statists all across the United States, especially those within the mainstream press, are uncorking their champagne bottles today and celebrating the newest deal that lifts the debt ceiling.
The Beatles once sang, "All you need is love." But will Kamala Harris' professed LOVE for electric school buses – plus the $1 billion in taxpayer subsidies she announced last October – be enough to usher in the new paradise?
As expected, Chuck Schumer's Senate was a lock for approving the deal to raise the debt ceiling, which will be suspended until January 1, 2025 while spending will remain 'roughly flat' for the same period of time "when factoring in agreed upon approp
Senate Passes Biden-McCarthy Debt Ceiling Bill 63-36 – UPDATE: Full Vote Breakdown Including 17 GOP Sellouts
Fiscal Irresponsibility Shatters the Debt Ceiling - Ep 897
The debt ceiling "crisis" is coming to a head. We're pretty confident Republicans and Democrats will strike a deal and raise the debt ceiling. That's supposed to solve the problem. But Friday Gold Wrap podcast host Mike Maharrey says the solution is
The debt ceiling deal, he argued, is a strategic ploy by the Biden administration to solidify its radical policies and limit the capacity for future conservative leadership to implement change.
Everyone knows that the US government is bankrupt and has been for many years.
Have we finally reached the end of the road? When it comes to the economy, most of us focus on short-term cycles.
Late last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
House Freedom Caucus leader Rep. Chip Roy, R-T.X., is calling into question the leadership of House Speaker Kevin McCarthy -- and threatening to have him removed over the federal debt limit deal reached over the weekend.
FACT: Things than can't go on forever, don't. Herb Stein's famous "rule" is good to remember in times like these...
If you wish to wade through 99 pages of details, here's the full text of the Allegedly Final Debt-Ceiling Deal.
Late last week, we were the first to correctly summarize what the bottom line of the so-called "debt ceiling deal" meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping Washington: a -0.2% of GDP cut in nomi
Update (1345ET): The hits just keep coming for Speaker Kevin McCarthy, as angry Republicans have been outright rejecting the debt ceiling deal which raises it by roughly $4 trillion for two years, doesn't provide sticking points sought by the GOP.
The hits just keep coming for Speaker Kevin McCarthy, as angry Republicans have been outright rejecting the debt ceiling deal which raises it by roughly $4 trillion for two years, doesn't provide sticking points sought by the GOP.
Democrats were able to increase spending to historic levels with the deal despite the greatest inflation numbers in 40 years.
...in Debt Negotiations with Bumbling Dementia Patient
House lawmakers furious over deal raising debt ceiling by $4 Trillion with no cap on spending for 2 more years, maintaining Democrats' wish list, and keeping in place IRS expansion by 98%
Biden and McCarthy agree 'in principle' to raise $31.4 trillion limit for two years to avoid catastrophic default after months of negotiations
The McCarthy-Biden Debt Deal is PATHETIC And Should be Blocked
The White House and GOP negotiators have reached an agreement in principle to raise the US debt ceiling, averting a default.
-Gives Cover to Biden for Holiday Weekend Vacation
The four contracts for the Space Launch System rocket's booster and engine were initially projected to cost $7 billion over a span of 14 years, but are now projected to cost at least $13.1 billion over nearly 25 years. (from the NASA Inspector Gene
-the Uniparty Congress Will Keep Feeding Ukraine Weapons
-the Uniparty Congress Will Keep Feeding Ukraine Weapons
-Gives Cover to Biden for Holiday Weekend Vacation
U.S. President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal that would raise the government's $31.4 trillion debt ceiling for two years while capping spending on most items, a U.S. official told Reuters.
Negotiations over increasing the federal debt ceiling continue in Washington.
