House expected to vote on stopgap government funding bill to avert shutdown
This post was originally published on this siteThe House of Representatives is expected to vote Tuesday on a short-term government funding bill to avert a shutdown at the end of next week.
This week: Democrats move to prevent shutdown
This post was originally published on this siteDemocrats are moving to prevent a government shutdown as an agreement on a longer funding bill remains elusive. The House is expected to take up a stop-gap bill, known as a continuing resolution, this week, ahead of the Feb. 18 deadline to fund…
Manchin says Build Back Better is ‘dead.’ Here’s what he might resurrect.
This post was originally published on this siteIn an interview, the pivotal West Virginia Democrat emphasized a desire to “fix the tax code” and discussed policies he can support.
America’s $30 Trillion National Debt Should Be a Wake Up Call
This post was originally published on this site America’s national debt exceeded $10 trillion for the first time ever in October 2008. By mid-September 2017 the national debt had doubled to $20 trillion. That was so recently that it probably feels like the week before last. Remember Donald Trump issuing...
Inflation Means Interest Rates Could Rise. Higher Interest Rates Will Make the National Debt More Expensive.
This post was originally published on this site Recent comments from Federal Reserve Chair Jerome Powell hinted that the Fed may soon get serious about hitting the monetary brakes to slow the economy. Until recently, inflation was described as transitory. But at some point, that story has to change. Price...
US may default before Christmas if debt ceiling isn’t raised: analysis
This post was originally published on this siteThe federal government has a 50/50 chance of defaulting on the national debt if lawmakers don’t raise or suspend the borrowing limit before they leave the Capitol for Christmas, according to projections released Wednesday.The Bipartisan Policy…
