Trend Results : Debt Ceiling

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Hey, Why Is Chris Coons Talking Up Debt Ceiling Brinkmanship?

6 days agoNews : Huffington Post

During the Obama era, GOP resistance to the Affordable Care Act (among other things) ran so hot and fevered that Republicans staged high-stakes hostage negotiations that threatened basic government functions and our ability to maintain our sovereign credit. Show More Summary

Senator Who Denounced GOP Debt Limit ‘Games’ Now Flirts With Holding It Hostage

6 days agoNews : Mediaite

In a Wednesday MSNBC interview, Democratic Delaware Senator Chris Coons didn't rule out using the impending debt ceiling as a bargaining chip to force Republicans to investigate the allegations against ousted Trump national security advisor Michael Flynn.

Made For Each Other - KUNSTLER

``I look for the financial fireworks to start around March -- April, as the irresolvable debt ceiling debate in congress grinds into a bitter stalemate, and it becomes obvious that there will be no voucher for the great infrastructure spending orgy that Trump's MAGA is based on. Show More Summary

Dow Reaches Record High Despite Debt Ceiling Doubts & Dollar Pump'n'Dump

Bonds bid, gold at 3-month highs, debt ceiling anxiety surging... Buy-The-Fucking-Record-Highs, Stupid! CNBC was a little excited today... Per CNBC- "S&P 500 HIGHER FOR THE FIFTH TIME IN FOUR SESSIONS." — The...Show More Summary

Bonfire Of The Treasuries

From 2011 to 2013, Americans were up in arms over the debt ceiling. The Treasury was statutorily unable to borrow any more money to pay for things Congress has already bought. Republican brinksmanship over what was normally considered a piece of housekeeping legislation led to US credit being downgraded. Show More Summary

Gold’s ‘False Dawn’ May Depend on Looming Debt Ceiling

Gold prices fixed at Friday's benchmark auction in London with a gain of 1.4% for the first week of 2017, retreating from yesterday's 1-month highs as the US Dollar rallied following mixed US jobs data.

Trump risks U.S. default with debt ceiling denier Mulvaney as budget chief

2 months agoUS Politics / Liberal : Daily Kos

So far, the defining trait of the incoming Trump administration is its staffing with extremists dedicated to destroying the agencies they are supposed to head. Friday was no exception, as President-elect Trump made the latest addition...Show More Summary

Trump's Tea Party pick for budget chief, and other MoneyWatch headlines,

Proposed U.S. budget director opposed raising debt ceiling; Apple contests EU's $14B tax ruling; and weather grounds thousands of U.S. flights. These headlines and more from CBS MoneyWatch.

Trump's Choice For Budget Director Doesn't Understand Debt Ceiling Default

Every time I think one of Trump's nominees can't be worse, he proves me wrong. But this one has very large real-world consequences for everyone, everywhere. Trump has nominated South Carolina Representative Mick Mulvaney to head up the Office of Management and Budget (OMB). Show More Summary

NFL lifts debt ceiling for Chargers

As the Chargers move toward moving to Los Angeles, a key piece of the financial puzzle has been put in place for them. Via multiple reports, the NFL’s owners have voted at their quarterly meeting in Dallas to increase the team’s debt ceiling to allow it to borrow a large chunk of its $650 million…

GOP Strategize About Raising the Debt Ceiling

Playbook: “Republicans on Capitol Hill are already beginning to fret over how they’ll lift the debt ceiling in the age of Donald Trump. Here’s how top Republicans are thinking of things. In the past, fiscal conservatives have insisted on cutting [...]

Donald and the debt ceiling suckers

3 months agoUS Politics / Liberal : Daily Kos

"Reagan," Vice President Dick Cheney said in 2002, "proved deficits don't matter." Unless, Cheney felt no need to mention, the occupant of the Oval Office is a Democrat. After all, Ronald Reagan had tripled the national debt in eight short years and George W. Show More Summary

Open thread: Media failures, processing the election, and an anniversary we shouldn't forget

3 months agoUS Politics / Liberal : Daily Kos

Coming up on Sunday Kos... Facebook fake news concern just mainstream media projecting, by Egberto Willies Normalizing the deplorable, the despicable, the supremacist and the violent, by Frank Vyan Walton Donald and the debt ceilingShow More Summary

The hole at the heart of economics

AMERICA has a debt ceiling. It’s a statutory limit on how much debt the federal government can issue. For most of its existence (the ceiling will turn 100 next year) Congress has simply voted to raise the limit when borrowing threatens to hit it. In 2011 and 2013, however, Republicans in Congress chose a different approach.

Why Wasn’t Trump Stopped?

Jeff Greenfield: “In part, it’s because the Republican Party had already embraced behavior that would once have been unthinkable. Of course you can’t really threaten not to raise the debt ceiling; that would risk something close to a global financial [...]

Infrastructure Spending Can Be Funded, And Help Savors Too

There are many credit facilities that can be tapped to fund infrastructure spending and provide income for savors without breaking debt ceiling barriers.

The legacy of the 2011 debt ceiling fight is the biggest issue the next president will face on day one

Five years ago, President Barack Obama signed into law what Todd Harrison, the director of defense budget analysis at the Center for Strategic and International Studies, says will be the biggest challenge for the incoming administration:...Show More Summary

Millennial Money Problems: How I Got Control Over My Finances and Blew Up the Ceiling of My Earning Potential

I'm the last person to talk about money... but not because I'm bad with it. Actually, my credit score is over 800; I've never been in debt; and I'm not a crazy spender. I'm the last person to talk about money because, for most of myShow More Summary

Unlucky Combination of Risks: US Default Chance Hit 4-Month Highest

One of the riskiest financial market tools, credit-default swaps on US 10-year Treasuries, hit their multi-month highest, suggesting an increased risk of the US piercing its debt ceiling, or a sovereign default, or a dollar devaluation in the coming months amidst the risks of recession, electoral uncertainty, Brexit, and hike in Fed funds rates.

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