Sen. Majority Leader Chuck Schumer (D-NY) on Tuesday came out in support of the debt ceiling agreement between President Joe Biden and House Speaker Kevin McCarthy (R-CA). As the House Rules Committee likely will move a debt ceiling bill forward Tuesday afternoon for a full House vote Wednesday …
The House could pass the debt-ceiling deal agreed to by House Speaker Kevin McCarthy, R-Calif., and President Joe Biden, but it might ultimately cost McCarthy his job if he has to have Democrat votes to do it, Rep. Matt Gaetz, …
by talaabo The debt ceiling agreement includes a provision that restarts student loan repayment 60 days after the bill is signed. This is going to suck money out of millions of Americans who haven’t paid student loans for 3 years. …
‘Totally Inadequate’: DeSantis Blasts McCarthy Over Budget Deal for ‘Careening Towards Bankruptcy’ Fiscal conservatives blast debt ceiling ‘sell out’ Fake conservatives agree to fake spending cuts. Deal will increase mandatory spending ~5%, increase military spending ~3%, and maintain current non-military …
Speaker Kevin McCarthy on Sunday described the student loan payment pause as “gone” as part of the debt ceiling deal announced by the California Republican and President Biden late Saturday night. “The pause is gone within 60 days of this …
Listen up pic.twitter.com/BrgWo4fCWX — Brandie with a 🐝 (@BrandieWithABee) May 25, 2023 Government spending is up 55% since 2019 and we have 1% GDP growth. pic.twitter.com/PEZ59Codee — Dan Collins (@DanCollins2011) May 24, 2023 https://twitter.com/bagholdingbear/status/1661434652303785994 CNN fact checks far-left Democrat Rep. …
The odds of going past the default X-date without a debt ceiling deal are 25% and rising, JPMorgan says
by Chris Black Seriously, people, calm down. The US is not going to default. The debt ceiling is a political stunt, nothing more. It’s a way for politicians to score points with their base and make the other side look …
In an interview with Bloomberg on Monday, the Abrdn investment director pointed to ongoing talks between President Biden and lawmakers, who are still sparring over the conditions to raise the country’s borrowing limit. The White House and member of Congress will likely …
The expression “slowly at first, then all at once” can describe an economy’s descent into nasty recession. There are warning signs all over starting with WTI back in contango. Major retailers have nothing good to say about the state of …
The Republican surrender on the Debt Ceiling is about to happen. Here are the details. 🔊 https://t.co/WdcCUuXciT — Wall Street Mav (@WallStreetMav) May 22, 2023 Let's remember how we got here—10 days out from a Biden default on the national …
Just got off the phone with the president while he’s out of the country. My position has not changed. Washington cannot continue to spend money we do not have at the expense of children and grandchildren. Tomorrow, he and I …
via discern.tv: Following the Civil War, the 14th Amendment was adopted to secure citizenship for all natural born Americans, including former slaves. But a section of the Amendment is being proposed as an end-around for the debt ceiling and many …
Biden blamed Republicans for the U.S. defaulting on debt, calling their latest offers “unacceptable” and refusing to agree to a tax break for the oil industry. via townhall: After dodging reporter’s questions about the debt ceiling, President Joe Biden finally …
by pcake1 Republicans Work requirements for entitlements – food stamps, Medicaid, etc. Reduce spending and slow government spending to 1% growth (this is a no-go for the White House) Recoup money aimed at pending recovery (White House agrees) Reform and streamline …
Debt ceiling negotiations deteriorated after Republican negotiators rejected a White House offer to limit spending on both defense and a series of domestic programs, two people familiar with negotiations said Saturday. Republicans instead pushed for increased military spending, which would …
Janet Yellen just warned of more bank failures to come.https://t.co/eRNWyF40LV Good thing to learn on a Friday afternoon at the same time that debt ceiling talks are suspended. pic.twitter.com/J1EHKFFZpu — Mac10 (@SuburbanDrone) May 19, 2023 This country is a mess …
by Ok_Significance_4008 I believe that the CVOL vs. Convexity (TYCY) ratio is a good indicator of market conditions. When the CVOL is high and the Convexity is low, it indicates that there is more risk in the market and investors …
Source: Valerie Noel LinkedIn h/t BoatSurfer600
The risk of a US debt default is greater than it’s ever been, threatening to tip global markets into a brand-new world of pain. For investors, there are few places to hide other than the oldest hedge in the book: …
Nothing like hearing congress lecture about the national debt but doing nothing about it — Matt Allen (@investmattallen) May 15, 2023 The White House is officially worried about the rising cost of insuring US treasuries: pic.twitter.com/UyTnRljNDU — Genevieve Roch-Decter, CFA …
via redwave.press: The U.S. government will have to default on some payments if Congress fails to raise the national debt ceiling before June, Treasury Secretary Janet Yellen said. “If Congress fails to do that, it really impairs our credit rating. …
by Michael We are being warned that there could be some real serious economic doom at the beginning of next month if the Democrats and the Republicans cannot agree on a deal to raise the debt ceiling. Experts are telling …
by confoundedinterest17 Treasury Secretary Janet “The Evil Hobbit” Yellen is a Statist. She can only think of an all powerful central government calling the shots since the private sector and individual liberties are something to be eliminated. So, it is …
by BoatSurfer600 Sagar Singh DAILY TREASURY BALANCE REPORT
via reuters: NEW YORK, May 10 (Reuters) – The cost of insuring exposure to U.S. government debt rose to fresh highs on Wednesday, as President Joe Biden and top lawmakers remained deadlocked in talks over raising the $31.4 trillion federal …
by bitkogan Nothing much has happened in the markets yet, and that may well indicate a problem. Typically in May, market activity is quite high. This year, however, the month feels more like the late July and August vacation season. …