Feds Borrowing $6 Billion Per Day, Budget Group Says
The U.S. Congressional Budget Office Said Monday The Federal Government Has Accumulated More Than A Trillion Dollars In Debt Only Six Months Into The Fiscal Year.
Read more
Debt ceiling
Debt Ceiling Sets Up Major Battle In Congress
U.S. Secretary Of The Treasury Janet L. Yellen Sent A Letter To Congressional Leaders Thursday Notifying Them That The Agency Has Begun Taking “Extraordinary Measures” As The Federal Government Bumps Up Against Its Debt Limit Of Just Over $31 Trillion.
Read more
U.S. Senate Votes To Raise Debt Ceiling By $2.5 Trillion
The U.S. Senate Voted Tuesday To Raise The Debt Ceiling $2.5 Trillion, A Move That Would Avoid A Default On The Nation’s Debt Payments Likely Until 2023, Beyond The Midterm Elections.
Read more
McConnell Gives Break To Dems, Allows Temporary Debt Ceiling Suspension
Senate Republican Leader Mitch McConnell Said Republicans Will Allow Democrats A Temporary Reprieve By Helping Push Back The Debt Ceiling Deadline Until December.
Read more
Hagerty And Colleagues Prove Dems Will Not Have Votes To Raise Debt Ceiling
United States Senator Bill Hagerty Joined With joined Senator Ron Johnson (R-WI) And 45 GOP Senators In Signing A Letter Promising They Will Not Vote To Increase The Debt Ceiling.
Read more