We have a temporary truce in the debt ceiling fight. On Thursday, President Biden signed a bill increasing the federal debt limit by $480 billion. But this isn't an end to the debt ceiling fight.
Bingham Township, Penn., is a quiet, rural place with few local businesses. "I always tell people that the cows outnumber the people over here," said Cheryl Young, the township's secretary. Most roads are dirt and gravel, she said, and many of
Americans are not only quitting their jobs or moving out of state rather than having their school-age children face mandatory vaccination, onerous lockdowns and public ridicule, they are beginning to forge their own new independent American culture t
Full disclosure: This is NOT another tea leaf reading on exactly how and when Congress will manage to raise the debt ceiling, keep the government open, and pass a multitrillion-dollar package of spending offset by tax hikes.
We now live in a world, where bizarro headlines such as the ones below, have become a daily if not hourly occurrence:
Back in February, when looking at the Treasury's debt and cash projections, we warned that the market was about to be hit with "Mind-Boggling Liquidity" as the Treasury was about to release some $1.1 trillion in cash from its account at the Fed (the
Treasury Secretary Yellen says she wants to get rid of the debt ceiling as McConnell threatens another default standoff in 2 months
Senator Paul Addresses National Debt Crisis During Senate Floor Speech Part 1 - October 7, 2021
'If we're not careful, we're going to spend this country into oblivion,' the senator concluded.
It is said the dance band on the Titanic played on as the ship went down. This was all done as a grand effort to reassure the passengers and ease the panic in their hearts.