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This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the "debt ceiling." This led to a showdown among House Republicans, President Biden, and congressional Democrats.
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Here we go again.
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This week the US government reached its 31.4 trillion dollars borrowing limit, better known as the "debt ceiling." This led to a showdown among House Republicans, President Biden, and congressional Democrats.
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The slow but steady implosion of global bond markets is no longer a debate but fact. Knowing this, investors can better brace themselves for the policy and market reactions to come.
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It seems like just yesterday that the debt-ceiling circus returned to Washington. Actually, it was October 2021, a little over two years ago. That circus was just like all the ones that preceded it.
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This week the United States Treasury activated so-called extraordinary measures after the US hit the debt ceiling.
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The debt ceiling is a legendarily ridiculous problem. Fortunately, there is a ridiculously legendary solution.
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House Republicans are preparing to give the Treasury Department guidance if the White House and Congress can't agree to lift the nation's debt ceiling.
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Exactly as we warned here, Treasury Secretary Janet Yellen just wrote a letter calling on Congress to raise the debt ceiling as soon as possible, stating that the US will reach its limit next Thursday, Jan. 19.
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Seeks to take money from IRS expansion plans to crack down on illegal aliens
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We can't sugar coat it. But we've been watching this unfold for years, and at some point it will accelerate greatly.
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Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on.
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-- Foreign Governments Into Their $1.7 Trillion Spending Blowout
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Politically alert Americans were rightly incensed when D.C. politicians seized upon yet another sleepy holiday season to cram an overstuffed "omnibus" spending bill filled up with goodies for special interests down the narrow chimney representing
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Those hoping for a Christmastime government shutdown were once again disappointed when Congress passed a 4,000-page, $1.7 trillion omnibus appropriations bill that few, if any, Representatives and Senators read before voting on.
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It's that time of year again. No, I'm not talking about the wonders of the Christmas season. I'm talking about the US Congress coming together to shove a giant omnibus bill down the throats of hurting Americans.
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...Financed With Our Taxes". ... the U.S. government is so fraudulent that it will self-destruct much sooner than later...
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The "must pass" omnibus bill ramps spending to the outer limits as Democrats face loss of power in the House in January. Packed full of warfare-welfare state spending, the disgusting mess is symbolic of the decline of the US Congress as a legitimate
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The new Ukraine aid is more than the $37.7 billion President Biden requested
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Fiscal conservative Sen. Rand Paul (R-KY) said that Republicans "emasculated" themselves with the recent budget deal they agreed to under the leadership of Republican Senate Leader Mitch McConnell and that any notion Republicans are fiscally cons
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Ben Bergquam, a patriot who is Catholic, exposed Catholic Charities in McAllen, Texas for trafficking people into the US. He said that Catholic Charities is a social justice organization tied to the undermining of America by the left.
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The below graphic illustrates in a two-minute video the total amount of US aid enacted or proposed for Ukraine in the year 2022, after the Russian invasion has surpassed ten months.
