Trend Results : Debt Ceiling

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Watch Out! The Treasury Roller Coaster Has Hit The Ceiling

They hit the ceiling this week. The Treasury skipped the announcement of the usual mid-month 3 year and 20 year note auctions. That means we now face reduced Treasury supply until the debt ceiling is raised. That a big bullish impetus for the duration of the impasse. Show More Summary

June Rate Hike Odds Soar To 69% As Debt Ceiling Looms

It appears the hope that a centrist candidate will win the French election is enough to trump tumbling macro-economic data, disappointing earnings, and flailing inflation in the US economy. June rate hike odds have spiked to 69% overnight (even as debt ceiling risks begin to price in... Show More Summary

Will the Democrats Trigger Another 2011 Debt Ceiling Crisis Just to Stop the Wall?

Do you remember when GOP Senators and Representatives were portrayed as literal monsters for forcing the Government to shut down? We were told back in 2013 that if GOP-lead Congress didn’t keep the Government open… we would face literal...Show More Summary

Trump’s next big economic test could turn into a crisis

What’s even more ridiculous than the US debt ceiling, a bizarre political concoction that forces Congress to effectively reapprove budget funds that were already spent? How about Republicans not being able to raise the ceiling on themselves? "The...Show More Summary

Pelosi backs Trump administration on debt ceiling increase

Pelosi said she and fellow Democrats would support increasing the debt ceiling so long as it would be a "clean" increase that would be free of GOP add-ons. Continue reading ? The post Pelosi backs Trump administration on debt ceiling increase appeared first on PBS NewsHour.

Pelosi backs Trump administration on debt ceiling increase

Treasury reset the debt ceiling at $19.8 trillion this month and Mnuchin has begun employing accounting gimmicks to permit the government to avoid defaulting on obligations such as interest payments, Social Security benefits and other payments.

Pelosi backs Trump administration on debt ceiling increase

Top House Democrat Nancy Pelosi says she supports the Trump administration's request to increase the government's borrowing limit. The increase was requested by Treasury Secretary Steven Mnuchin in two letters … Click to Continue »

‘The budget from hell’ and raising the debt ceiling: Republicans are not ready for this

Forget the impact the spectacular health-care debacle will have on the future of tax reform or plans for an infrastructure deal. You need to focus on two freight trains racing toward each other at high speed: the budget and the debt ceiling. Leave aside the impending fight over the looming expiration of the continuing resolution […]

Sovereign Debt Crises Simmer At Opposite Ends of the Global Pecking Order: The U.S., and Greece

On one side of the Atlantic, we have the United States of America, which triggered yet another debt ceiling disaster last Thursday when the US government's maximum allowable debt reset to just over $20 trillion. Of course, the US national debt is pretty much already at $20 trillion... Show More Summary

Newsworthy Items That Have Slipped Through the Cracks: We’re Doomed

I don’t mean to panic anyone, but the US breached the debt ceiling on March 16th and the current extension on the Fiscal Year 2017 continuing budget resolution runs out on April 28th. Given the dysfunction within the majority caucuses in the House and the Senate, the fact that the new Administration’s skinny budget has […]

An Open Letter To Conservative Politicians: What Does A Conservative Conserve?

Dear United States Conservative Politicians, I miss arguing with you guys. I can’t believe I’m saying this, but I miss the maddening arguments about debt ceilings, the death sentence and even states rights. You may have noticed we don’t...Show More Summary

A Bad Week and Getting Badder Bigly Fast - KUNSTLER

... the longer a debt ceiling stalemate goes on in congress, the more trapped President Trump will be. The cherry on top is the Federal Reserve's move to raise interest rates the same day the debt ceiling truce expired. That will thunder...Show More Summary

The Debt Ceiling Deadline Has Passed; Now The Biggest Test Of Donald Trump's Presidency Begins...

Authored by Michael Snyder via The Economic Collapse blog, On Wednesday, the temporary suspension of the debt ceiling ended, and so now the federal government is not going to be able to go into any more debt until the debt ceiling is raised. Show More Summary

U.S. May Be Facing Worst-Ever Debt Ceiling Showdown

Reaching 218 votes in favor of raising or suspending the debt ceiling might be harder than in any previous fiscal showdown. President Donald Trump almost certainly wants to raise the ceiling, but he may not have the votes. While Republicans...Show More Summary

2:00PM Water Cooler 3/16/2017

Today's Water Cooler: TPP, debt ceiling, ACA/AHCA, Maddow implosion, business outlook, manufacturing, blockchain, McDonald's, Boeing 7373

Debt Ceiling 2017 Is More Dangerous Than Ratings Agencies Let On

On Thursday (March 16), the government's ability to borrow more money will be frozen. And the consequences could be catastrophic. But would Congress really let that happen? It's more likely than you think... Tags: debt ceiling To get...Show More Summary

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