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Tag: federal debt

Manchin’s Dismayed Reaction to Petty Chuck Schumer Speech Goes Viral

Following Senate Republicans' weak-kneed capitulation over the debt ceiling on Thursday, Senate Majority Leader Chuck Schumer, D-NY, decided to take a victory lap. Even by...

McConnell Leads GOP Surrender-Caucus to Help Dems Expand Debt

(Mark Pellin, Headline USA) The Senate voted on Thursday night to continue spending vast amounts of taxpayers’ money, extending the government’s borrowing authority into...

Dem Logic: Latest ‘Solution’ to Debt-Cap Crisis Is to INVENT a $1 Trillion Coin

(Headline USA) Some Democrats think they may have found a 'silver bullet' in the ongoing impasse over the debt limit---except the bullet is made...

Dems Back Off Debt-Increase Demands to Keep Gov’t Funded Until December

(Associated Press) Congress took a big step toward avoiding a partial federal shutdown on Thursday when the Senate passed a bill to keep the government...

The Fed’s ‘Dangerous’ Path Toward Debt Monetization

A prominent U.S. Senator just called the head of the nation’s central bank “dangerous.” Unfortunately, the true dangers of U.S. monetary and fiscal policy were...

Pelosi Pushes to Give President, Treasury the Power To Raise Debt Limit

Democrats in Congress have suggested that America's most unpopular institution should delegate one of its last remaining authorities---the raising of the debt ceiling---to the...

Top Dem Rejects Pelosi’s ‘Arcane’ Plan to Boost Debt Cap w/ No GOP Votes

Sen. Dick Durbin, D-Ill., the No. 2 Democrat in the Senate, rejected his party’s plan to raise the federal debt limit via reconciliation. “That is...

Senate Republicans Block Attempt to Expand Debt, But Dems Will Try Again

(Associated Press) Republican senators blocked a bill to keep the government operating and allow federal borrowing, but Democrats aiming to avert a shutdown pledged to...

Biden’s Bizarre, Bogus Claim That His $3.5T Spending Plan Will Cost ‘Zero’

(Brad Polumbo, Foundation for Economic Education) President Joe Biden and his progressive allies in Washington, DC are currently trying to pass one of the largest...

Another Debt Ceiling Hike Won’t Fix What’s Broken

(Clint Siegner, Money Metals News Service) Washington DC politicians are busy cobbling together yet another bi-partisan bill to raise the federal borrowing limit. Congress imposed the...

U.S. Government Plans to Default on Debt the Dishonest Way

(Mike Gleason, Money Metals News Service) Debt troubles in China and Washington, D.C. helped boost safe-haven demand for precious metals early this week. By Thursday, however,...

$1 Trillion Coins Instead of More Federal Debt?!

Credit risk out of China and debt ceiling drama in Washington are driving precious metals markets this week. Gold and silver attracted some significant safe-haven...

House Dems Pass Bill to Suspend Debt Limit for Socialist Spending Spree

(Associated Press) The House voted to keep the government funded, suspend the federal debt limit and provide disaster and refugee aid, setting up a high-stakes...

McConnell Warns Yellen that GOP Won’t Help Raise Debt Limit

(Associated Press) Senate Minority Leader Mitch McConnell has warned Treasury Secretary Janet Yellen he is not budging on his demand that Democrats go it alone...

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