Of the many problems likely to be caused by the GOP’s extremely narrow margins in the House next year, the debt ceiling, for now, seems to be the one that has most captured Trump’s attention. Truth ...
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14th Amendment and Its Role in the Debt Ceiling Debate
The Jury Is Still Out When It Comes to the Public Debt Clause Fact checked by Vikki Velasquez Reviewed by JeFreda R. Brown The debt ceiling, created under the Second Liberty Bond Act of 1917, sets the ...
President Donald Trump and key Senate Republicans are still grasping for a solution to the US government closing in on breaching its legal borrowing limit following a White House meeting Thursday. The ...
For someone who hates debt, Rep. Tim Burchett made a remarkable acknowledgment after voting this month for a massive bill that included a $5 trillion hike to the nation’s credit card limit. “I feel ...
Donald Trump's first day in office featured a flurry of executive moves he was able to dramatically sign with a stroke of the pen. High atop his agenda for the second day is a topic that won't be ...
The Treasury Borrowing Advisory Committee recommends eliminating the Debt Ceiling, citing its lack of fiscal constraint and numerous negative impacts on the economy. The Debt Ceiling increases debt ...
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