Article Image

IPFS News Link • Government Debt & Financing

Too Tough to Cut?


Republican Party unity cracks over raising $14.3 trillion debt ceiling ... Conservative Republicans in the House are upping the pressure on their party leaders to take a firm stand against raising the federal debt ceiling. The Republican Study Committee (RSC) introduced legislation on Wednesday that it says would allow the Treasury Department to avoid a default on U.S. debt without expanding the borrowing limit. – The Hill

Dominant Social Theme: National security is worth every penny