The next fight over the debt limit could take place earlier than anticipated. The Republican tax bill could force Congress to act sooner to raise the nation's $20.5-trillion borrowing ceiling because less money is expected to flow into the Treasury in ...
An inter-party deal that leaves Congressional Republicans out in the cold. The discipline of the debt ceiling. Government excess. An attempt to fulfill campaign promises. The impact on markets. For all of us mere mortals, when the level of our debt rises ...
Seeking Alpha · 9mon
But misguided tax policy is nothing compared to the possibility that Washington will mishandle the upcoming deadline for raising the U.S. debt limit, which the Congressional Budget Office estimates could be breached during the first week of March.
Dealbreaker · 4mon
Yesterday, President Trump infuriated fellow Republicans by agreeing to Democratic plans for a short-term debt-ceiling hike, rather than the longer-term one they favor. But something far more significant came out of the meeting: Trump and the Democratic ...
We all know that politics makes strange bedfellows, but the events of the last couple of days leave even the most politically savvy analysts scratching their heads. This week, President Trump struck a deal with Democratic congressional leaders to ...
The Hill · 9mon
Editor’s note: The U.S. government maxed out its credit card in March and has been moving money around ever since to avoid running out of cash. But very soon we will reach the limits of this financial sleight of hand, and Congress will have to either ...
As has happened more than 100 times before, Congress just raised the debt ceiling, the legal amount our government can borrow. In the past, this act has occurred smoothly, and on many occasions, it has been used productively to spur fiscal efforts from ...
One of the most revealing things about American politics, and of the journalists who cover it for a living, is the unspoken assumption that Democrats will rescue Republicans, and thus the country, from the reckless way they have treated the statutory debt ...
Gold is trading at its highest level since November 2016. Let’s take a look at gold’s reaction to previous U.S. government shutdowns, debt ceiling crises. How gold will respond this time? As far as I am concerned, I decided to increase the size of my ...
Seeking Alpha · 9mon