Trend Results : Debt Ceiling

Blog Post Results (1-20 of 10000+)


Trump Budget Sees US Debt Hitting $30 Trillion In 2028

On Friday, with the US on the verge of another government shutdown and debt ceiling breach (with the agreement reached only after the midnight hour, literally) Moody's warned Trump  that he should prepare for a downgrade from the rating agency that refused to join S&P in downgrading the US back in August 2011. Show More Summary

Republicans Completely Reverse Themselves on Deficit

Washington Post: “Republican lawmakers in 2011 brought the U.S. government to the brink of default, refused to raise the debt ceiling, demanded huge spending cuts, and insisted on a constitutional amendment to balance the budget.” “On Wednesday, they formally broke [...]

Republican Fiscal Hawks Revolt Against Budget Deal, Suspension Of Debt Ceiling

As more details emerged about today's bipartisan Senate budget deal, which will lift spending caps by $300 billion above the current limit and which prompted today's sharp Treasury selloff, it was revealed that the agreement would suspend...Show More Summary

House Conservatives Revolt Against Budget Deal

“House conservatives revolted against a massive bipartisan deal to raise the debt ceiling and bust spending caps, complaining that the GOP could no longer lay claim to being the party of fiscal responsibility,” The Hill reports. Said Rep. Mo Brooks [...]

Budget Deal Or Bad Auction? Bonds, Stocks Slammed As Dollar Jumps

Take your pick - a dismal 10Y auction that spiked rates to where the carnage started last week, or a budget deal that suspends the debt ceiling and adds to the fiscal recklessness of America's balance sheet? Either way, stocks are tanking...   Bonds are tanking... Even as the Bill curve normalizes modestly...   And the dollar is bid as risk-funding unwinds...

Washington Post Fact Check: Tax Cuts Didn’t Raise Federal Borrowing 84%

“Trump’s tax cuts are rocketing us into the debt ceiling,” wrote Catherine Rampell in The Washington Post on February 1, because “withholding from employee paychecks will drop starting no later than mid-February. Individual income tax...Show More Summary

"They're Running Out Of Maneuvering Room" - Debt Ceiling Alarms Are Ringing In The Bond Market

While all eyes were glued to the collapsing stock market and soaring long-bond yields on Friday, the $2 trillion Treasury-bill market, where the U.S. government turns for short-term funding, was suddenly showing serious anxiety about...Show More Summary

U.S. Will Hit Debt Ceiling Earlier Than Expected Thanks To Tax "Cut"

``The Congressional Budget Office said on Wednesday that the United States is expected to bump up against its borrowing limit a month earlier than previously expected, a function of last year's $1.5 trillion tax cut, which is resulting...Show More Summary

We Have $272B in Cash. It'll Be Gone Sooner Than We Thought

That the debt ceiling needs to be raised beyond its current level of $20.5 trillion isn't news; that it needs to be done by the first half of March is. The Congressional Budget Office on Wednesday drew the line in the sand there thanks to the new tax law,...

US Treasury Secretary Mnuchin urges Congress to raise debt ceiling as another shutdown looms

2 months agoNews : The Raw Story

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Wednesday called on the Republican-controlled Congress to lift the federal debt limit “as soon as possible” so the government can pay employee benefits and other obligations. In a letter to congressional leaders and...

Government May Hit Debt Ceiling Earlier

“Congress came under increased pressure to raise the nation’s debt ceiling following two reports forecasting that the federal government will run out of cash within a matter of weeks,” Bloomberg reports. “A key reason for the change is the implementation [...]

The GOP tax law unintentionally created the potential for a huge disaster if Congress doesn't act

The Congressional Budget Office estimated that the deadline for Congress to raise the debt ceiling is now in early March instead of early April. The deadline is pushed up because of changes to tax receipts from the GOP tax law. ThatShow More Summary

I Love the Smell of Fiscal Conservatism in the Morning

JUST IN: Congressional Budget Office has issued a report advising Congress to consider raising the debt ceiling earlier than anticipated to account for the revenue loss brought upon by the GOP tax legislation. — NBC Politics (@NBCPolitics) January 31, 2018 What could I possibly add to that? And in other news, a metaphor: A train […]

Dazed and Confused! 1m/3m T-Bill Curve Flirts With Zero Amid Debt-Ceiling Concerns

Between The Federal Reserve FINALLY normalizing interest rates and the constant friction in Congress over the Federal budget and debt ceiling, the Treasury market seems dazed and confused. The post Dazed and Confused! 1m/3m T-Bill Curve Flirts With Zero Amid Debt-Ceiling Concerns was originally published at The Wall Street Examiner. Follow the money!

Steve Mnuchin urges Congress to raise debt ceiling ‘as soon as possible’

2 months agoNews : The Raw Story

U.S. Treasury Secretary Steven Mnuchin on Wednesday called on Congress to lift the nation’s debt limit “as soon as possible” so that the federal government can pay government employee benefits and other obligations. In a letter to congressional leaders and key committee chairmen,...

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

2 months agoNews : NYTimes: News

Treasury Secretary Steven Mnuchin urged Congress to lift the debt ceiling as lawmakers embark on a spending spree.

Watch Treasury Secretary Mnuchin address the Senate Banking Committee

Mnuchin is anticipated to offer remarks on interest rates, the debt ceiling and the economy.

Steven Mnuchin says he's 'concerned that consumers could get hurt' by bitcoin investing

Treasury Secretary Steven Mnuchin said the Treasury is closely following the growth of cryptocurrencies, particularly bitcoin. Mnuchin addressed the possible government shutdown, the debt ceiling, and the new tax law during a talk at...Show More Summary

Republican tax bill and wildfire aid could hasten raising of the debt limit

The next fight over the debt limit could take place earlier than anticipated. The Republican tax bill could force Congress to act sooner to raise the nation’s $20.5-trillion borrowing ceiling because less money is expected to flow into the Treasury in coming weeks. On top of that, the possibility...

Copyright © 2015 Regator, LLC