by bitkogan Despite some movement in the debt ceiling talks, significant progress remains elusive. Reportedly, President Biden has offered the Republicans potential compromises, which include the possible use of unspent coronavirus relief funds in order to cut back on government …
WASHINGTON, May 8 (Reuters) – Treasury Secretary Janet Yellen is reaching out to U.S. business and financial leaders to explain the “catastrophic” impact a U.S. default on its debt would have on the U.S. and global economies, two sources familiar …
The FDIC and Fed are going to insure all deposits. They don't even remotely have enough cash to do that. Oh yeah, Debt Ceiling, $3 trillion annual deficits and a deep recession. None of us own enough #gold and #silver …
by Chris Black The Treasury was expected to publish its X-date, when the TGA runs out of cash to finance the US government, this week. What was not expected was how early this day may come. Yellen: “After reviewing recent …
by OkIncident5269 I’d hazard a guess that it’s hedging. There is wayyy to much money on the line if the USA has a sovereign debt crisis. As much of a bear as I am, there is no way they would …
by confoundedinterest17 The last US debt crisis occured in 2013 when Congress finally raised the debt ceiling … and kept on borrowing and spending, But if you thought that a debt crisis would scare Congress (and the Administration) into balancing the Federal …
Republicans erupted in loud and sustained protests when President Joe Biden claimed during his Feb. 7 State of the Union (SOTU) address that they planned to cut Medicare and Social Security benefits for the elderly. “Some of my Republican friends …
Rand Paul has bad news for Biden: "Conservatives will NOT vote to raise the debt ceiling without significant reforms." pic.twitter.com/QPtKoKradf — Citizen Free Press (@CitizenFreePres) January 25, 2023
1. Slashed Government Services If the U.S. goes into default, or runs up against the deadline, the government will have difficult decisions to make. The law will require the U.S. to continue payments for entitlement programs such as Social Security …
by Chris Black When have Democrats EVER said the government should spend less money? Ever? Or Republicans for that matter? It’s the same every time this happens: -Oh no, we spent too much money! -We need to raise the Debt …
The White House on Friday called for the debt limit to be raised without conditions, laying down a marker ahead of what is likely to be a bruising fight with House Republicans in the coming months. “We believe, when it …
Congressional Democratic leaders on Sunday vowed to tackle the nation’s debt ceiling in coming weeks, saying their party’s election victories offer them leverage even as Republicans have promised a potentially explosive fight. U.S. House Speaker Nancy Pelosi and U.S. Senate …
by Peter Schiff of Peter Schiff Podcast Santa Claus rally comes early. Even Fed’s sugarcoated data shows inflation twice has high as their target. Gold may be turning its $1800 ceiling into a floor. Bitcoin pumps with risk assets. Record GBTC discount shows …
(CNN)While Democratic leaders plan to take a victory lap Monday to celebrate President Joe Biden signing the bipartisan infrastructure bill, other pressing issues remain for lawmakers when they return for session this week. All eyes will turn to finishing negotiations …
President Joe Biden has dished on his closed-door negotiations with congressional Democrats over his $2 trillion social welfare and climate spending package. But the White House and Capitol Hill’s lack of public clarity regarding how Democrats plan to contend with …
Today’s video from Mike Maloney is a must-watch. In this clip, you’ll learn how the National Debt is a huge open pit that we are constantly digging deeper into the future, while supporting ourselves with nothing but a flimsy trapdoor. …
Tldr: Republicans hold the majority. “We need debt ceil go high” Democrats “bUt tHe dEbt” Democrats hold the majority. “We need debt ceil go high” Republicans “bUt tHe dEbt” This is literally political, duck duck goose. They both will keep …
https://rumble.com/vngtej-deep-state-loses-narrative-debt-ceiling-game-inflation-now.html https://usawatchdog.com/deep-state-loses-narrative-debt-ceiling-game-inflation-now/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+UsaWatchdog+%28Greg+Hunter’s+USAWatchdog%29
Trillion dollar coins. The ‘debt ceiling’. What does it all mean, and what is it that they aren’t telling you? Join Mike Maloney for today’s video update. Link to the Debt Ceiling video that Mike mentions is here: https://youtu.be/rcpBffWwsZc
Back in 1979, Congress waited, and waited, and waited to lift the debt ceiling, because Congress never likes taking responsibility for the tax and spending decisions it’s already made. Now, Congress usually does the right thing after it’s exhausted every …
By Michael Lebowitz and Lance Roberts The market is set to drop after yesterday’s rebound as debt ceiling woes continue. From a frenzied Friday to manic Monday, a rebound on Tuesday, it has been a rocky start to October. However, …
“Treasury Secretary Janet Yellen told CNBC on Tuesday that the U.S. could face a recession if Congress fails to raise the debt ceiling by Oct. 18.” “The U.S. has never defaulted on its financial obligations, and Yellen has warned that …
From Birch Gold Group The “drop-dead date” for raising the debt ceiling is quickly approaching… That’s a quote from a recent article: The Treasury now estimates that the “drop dead date”, i.e. the date at which the Treasury will exhaust all of …
Public domain photo via Federal Reserve From Birch Gold Group The “drop-dead date” for raising the debt ceiling is quickly approaching… That’s a quote from a recent article: The Treasury now estimates that the “drop dead date”, i.e. the date at which the …
By Lance Roberts The financial media is rife with misinformation on the debt ceiling and the jump in interest rates. However, a review of history shows that not only is the “debt-ceiling” issue a non-crisis, but the recent rise in rates is …
“If to finance those spending and tax decisions, it’s necessary to issue additional debt, I believe it’s very disruptive to put the president and myself, the Treasury secretary, in a situation where we might be unable to pay the bills …
Boom Bust, Released on 9/29/21 Former Congressman Dr. Ron Paul (R-TX) joins the program to discuss the looming crisis and the state of inflation in the country. Dr. Ron Paul is a physician and former twelve-term congressman from Texas who …
