House conservatives have devised a “new and improved” threat to the world economy if their demands are not met. Once again, they vow to vote against raising […]
Tag: debt ceiling
Biden’s budget was an opening bid. Where’s the Republican plan?
by Doyle McManus President Joe Biden unveiled his $6.8 trillion budget proposal last week, and it drew the customary jaded responses: a work of fiction; a party […]
Today’s debt ceiling will become tomorrow’s dreaded debt bomb
by Karl W. Smith As disconcerting as the U.S.’s current debt situation is, the outlook is even worse. When the bipartisan Congressional Budget Office updated its forecasts […]
Debt ceiling showdown not what Congress imagined in 1917
by Carl P. Leubsdorf It began as a way to make it easier for the federal government to sell bonds to finance the U.S. role in World […]
GOP’s deficit reduction a cynical performative gesture
by Jonah Goldberg For several years now, I’ve been told that the old consensus of fiscal conservatism and limited government was dead. So, you might think I’m […]
Absurd battle over the debt ceiling
by Robert Reich Treasury Secretary Janet Yellen announced that the federal government will hit the limit on total federal debt on Jan. 19. After that, the Treasury […]
Congressional lame duck quackery
There is little Republicans and Democrats in Congress agree on these days, but spending (and borrowing) money is as nonpartisan as it gets. House Democrats apparently have […]
Dems making mistake on debt limit
by Jonathan Bernstein Fresh off an unexpectedly resilient performance in the midterms, the Democrats appear to be bungling things right off the block by making a major […]
Democrats should scuttle the debt ceiling now
They aren’t saying it publicly, but behind the scenes, congressional Republican officials and business leaders are bracing for the nightmare scenario of a debt ceiling crisis potentially […]
Don’t understand the ‘sugar-coated Satan sandwich’ debt ceiling game?
Last Tuesday, the U.S. House passed a bill dealing with “behavioral health and well-being among health care professionals,” which certainly sounds like an important topic. The bill […]