Wednesday, May 8, 2024

Inside The Debt Ceiling Deal

The debt ceiling showdown is rapidly coming to a close on Capitol Hill. On Wednesday, the House passed the 99-page bill by a vote of...

Debt Ceiling Bill Heads To Final Vote In Democratic-Controlled Senate

The chances of a historic default are now remote. Global markets edged higher Thursday morning after last night's passage of the debt ceiling bill in...

The Quest To Restore Fiscal Sanity Starts Here

For all of the recent focus, including my own, on the debt ceiling drama playing out in Washington, it’s critical to remember that some...

Debt Ceiling Agreement Exposes Inconvenient Truths For Everyone

House Republican negotiators and the Biden administration hashed out a deal to raise the debt ceiling for two years in exchange for exceedingly modest...

House Conservatives Open To Filing A Motion To Remove McCarthy As Speaker: Report

Members of the House Freedom Caucus are none too pleased with House Speaker Kevin McCarthy's debt ceiling deal. At a press conference Tuesday morning, a...

Forget Washington’s Promises – Digital Tools Show What Melts Deficits And Debt

In their own ways, the major political parties agree the federal government spends too much. They disagree profoundly on where cuts need to be...

Waistline Budgeting Practices Reveal Why We Often Fail At Our Money Goals

There is a negotiation of sorts involving the budget going on in various undisclosed locations around Washington, D.C. Unfortunately, none of these venues include...

Biden, McCarthy Reach Tentative Debt Ceiling Agreement

President Biden and Speaker McCarthy have reached a debt ceiling deal "in principle." The proposal will raise the debt ceiling for two years while...

Is Anyone Brave Enough To Fix The Third Rail Of Politics?

It’s not just Social Security the debt ceiling negotiators in D.C. are ignoring. Also off the table is that other massive line item in...

The Fiscal Time Bomb Republicans Are Happy To Punt On

As the “only in D.C.” drama of the debt ceiling negotiations putter along, it’s critical to remember that neither the Republicans nor the Democrats...

Experts Predict The Most Likely Outcome Of Debt Ceiling Debacle

House Republicans and the Biden administration appear to be getting more serious about the debt ceiling, with more talks scheduled for this week. This...

Will Debt Ceiling Negotiations Lead To Heartache? Signs Point To Yes.

With the June 1 (give or take a few days) deadline to do something about the debt ceiling, official Washington has turned its attention...

Talk Is Cheap When It Comes To Government Malfeasance

Washington, D.C. – To the extent anyone thinks about it, most people probably credit Mark Twain with having been the first to say that...

The Cynicism Behind McCarthy’s Debt Ceiling Proposal And Biden’s Response

Let’s be clear: The Republican plan to reduce spending in return for an increase in the federal government’s debt limit is, at best, a...
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