With Republicans and the White House dipping into the $80 billion to support other initiatives, some Democrats are concerned that the bonanza may be drained even further in the coming years. The Debt-limit Agreement Emphasizes The Danger Of The IRS Becoming A Congressional Piggy Bank The debt-limit agreement reveals an often-overlooked risk to the $80 … Read more
The new deal for the debt ceiling will affect several federal benefits for millions of Americans. New Deal for Debt Ceiling Will Impact Student Loan Payment and Other Federal Benefits Following the passing of the new bill, the new deal for the debt ceiling is expected to affect student loan payments and several federal programs, … Read more
The Congressional Budget Office (CBO) released an analysis on Tuesday revealing this potential outcome, which may pose a challenge for House Speaker Kevin McCarthy as he seeks to gain support for the agreement in the GOP-controlled House. A bipartisan agreement aimed at preventing a disastrous default on the nation’s debt could lead to increased government … Read more
The outcome of negotiations between President Biden and McCarthy will need to navigate through the GOP-controlled House and the Democratic-led Senate. The House Freedom Caucus is pressuring House Speaker McCarthy and Senate Republicans to pass the House-approved debt limit bill However, the deal’s fate hinges on garnering enough support from House Democrats, as unanimous opposition … Read more
President Biden and lawmakers will resume their talks at the White House on Tuesday over the debt limit for 2023. President Biden and Lawmakers will talk again at the White House about the debt limit On Tuesday, President Biden and Congressional Leaders will meet at the White House to resume their talks about the … Read more