Debt ceiling - Page 10

True fiscal conservatives say it’s irresponsible to raise the debt ceiling without any reform of our profligate spending.

The fractured House Democrat Conference amid a burgeoning fight between House Speaker Nancy Pelosi and her Democrats’ left flank led by Rep. Alexandria Ocasio-Cortez (D-NY), along with disagreements between some Senate Republicans and the Trump administration, threaten to complicate upcoming spending and debt ceiling negotiations between Congress and the White House.

Congressional leaders will meet Tuesday to discuss raising the budget caps and the federal debt ceiling, according to a report.

Will the Democrat-controlled House be willing to give Trump a clean debt ceiling raise or are we in for another showdown?

The House passed on Friday 316-90, legislation that would raise the debt ceiling and fund the federal government until December while giving victims of Hurricane Harvey $15 billion in relief.

How ironic that the great “disruptor” of our political system is turning out to be the leader who is restoring it — and, soon, public faith in it.

Breitbart News Senior Editor-at-Large Peter Schweizer joined SiriusXM host Alex Marlow on Thursday’s Breitbart News Daily to talk about Hurricane Irma’s threat to Florida, Ivanka Trump’s extraordinary access to White House meetings, President Trump’s debt ceiling deal with Democrat leaders, and DACA repeal.

By showing he can deal with Pelosi and Schumer, Trump may have found the one way of making Republicans unite.

Treasury Secretary Steven Mnuchin argued on Fox News Sunday for a “clean” hike in the debt limit. Mnuchin also pushed a strategy of attaching the debt limit as an amendment to a bill to provide $7.9 billion in temporary relief to victims of Hurricane Harvey.

Even if the House passes a clean Harvey relief bill the Senate could return it with debt ceiling increase attached

As the swamp establishment in Washington plans to move on legislation that would provide funding relief to the Gulf Coast—particularly Houston—in the wake of Hurricane Harvey by linking it to a debt ceiling increase of $2 trillion, conservatives inside and outside of Congress are launching efforts to expose and thwart the plan.

Meadows tells Breitbart News that the future of the Republican Party is at stake as Congress reconvenes in September

Congress will face a daunting legislative session when it returns from August recess, including funding for the government and the wall

The federal judge presiding over the public corruption trial of Senator Robert Menendez and co-defendant Dr. Salomon Melgen ruled on Tuesday that the trial, scheduled to begin on September 6, will not be put on hold to allow Menendez to return to Washington, D.C. to cast his vote in the Senate.

President Donald Trump criticized Republican Senate Majority Leader Mitch McConnell and House Speaker Paul Ryan as Congress faces another round of debt ceiling politics.

High stakes battles on nearly every facet of American government and President Donald J. Trump’s agenda come to a head in September, from the debt ceiling to government funding bills to healthcare and tax reform.

Senate Majority Leader Mitch McConnell says there is “zero chance” Congress will allow the country to default on its debts by voting to not increase the borrowing limit.

Treasury Secretary Steve Mnuchin is urging Congress to raise the U.S. debt ceiling “at the first opportunity.”

Contents: Champagne corks pop as a ‘Trump rally’ sends Wall Street stocks parabolic; End of debt ceiling suspension on March 15 signals new Washington fiscal crisis; The velocity of money keeps plummeting, indicating no economic growth

What broke it? Both parties acquiesced in bank liberalization, in open-borders immigration, and in Wall Street bailouts. But the most acute challenge was Barack Obama’s direct attack on the constitutional framework itself. Obama sought to transform America, and believed that the ends would justify the means.

Capitol Hill conservatives are preparing for a fight over funding the federal government after the current funding legislation expires Dec. 9, as President Barack Obama and Senate Minority Leader Harry Reid (D.-Nev.) take their last bite from the apple before both men return to private life.

Republican members of the House Financial Services Committee determined that the Department of the Treasury and the Obama administration misled the American people on its plans to deal with the risks to the debt ceiling.

Senator Rand Paul is talking about America’s debt crisis, telling Breitbart News Daily that if he’s elected President, he will do everything in his power to prevent the debt ceiling from being raised again.

Senator Rand Paul (R-KY) argued that “Congress has become a shell of itself” and gets along too much, in addition to wondering whether debt is more disruptive than uncertainty over the debt ceiling in a speech on the Senate floor

Sen. Jeff Sessions (R-AL) tore into the congressional budget deal on the Senate floor, arguing it is being jammed through without sufficient acknowledgment of its serious flaws.

Six Texas Republican representatives joined with the eleven Democrats in the state’s congressional delegation to vote in favor of the bill to raise the debt ceiling. Nineteen Texas Republicans voted nay in attempting to block the measure. On a national level, 79 Republicans joined with the 187 Democrat members of the House to pass the measure back to the Senate.

Republican presidential candidate Louisiana Governor Bobby Jindal criticized the debt ceiling increase as “a very bad deal” and declared, “we are going the way of Europe” at Wednesday’s part one Republican presidential debate on CNBC. Jindal, in response to a question

Kentucky Senator and Republican presidential candidate Rand Paul dubbed the agreement to raise the debt ceiling “an unholy compromise, to bankrupt the country” and stated, ” wear it as a badge of honor that I miss very, very few votes”

The House Freedom Caucus has officially surrendered to big government by refusing to stand up against a debt-ceiling increase wrapped in the two-year budget deal.

Sen. Rand Paul (R-KY), a 2016 GOP presidential candidate, tells Breitbart News in an exclusive email interview that he thinks members of the House Freedom Caucus should consider withdrawing their previous support for a Speakership bid from Ways and Means Committee chairman Rep. Paul Ryan (R-WI) unless Ryan can stop the giant budget and debt ceiling deal that’s before Congress.

The giant debt ceiling increase rolled together with a budget deal was introduced at 11:36 p.m. Monday, in the dead of night, several congressional sources confirm to Breitbart News.

The current employer of the new chief of staff for Rep. Paul Ryan (R-WI), the Bipartisan Policy Center (BPC), is praising the giant spending increasing, debt lifting budget and debt ceiling deal that President Barack Obama, outgoing House Speaker John Boehner, and Senate Majority Leader Mitch McConnell negotiated behind closed doors.

Democratic presidential candidate Senator Bernie Sanders (I-VT) said he would not support a debt ceiling increase that had cuts for Medicare and Social Security on Monday’s broadcast of MSNBC’s “Rachel Maddow Show.” Sanders was asked a reportedly to be announced

House Ways and Means Committee chairman Rep. Paul Ryan (R-WI) is silent and offering no opinion on legislation currently being crafted in Washington, D.C., back rooms that would raise the debt ceiling and bind Congress to a multi-year budget deal

A huge stock market rally kicked off when the U.S. Treasury was forced to pay out a net $32 billion last week after the Republican Congress failed to raise the legal debt ceiling on the U.S. government’s $18.113 trillion Ponzi debt scheme.

Republican presidential candidate Ohio Governor John Kasich argued House Republicans should send the president a debt ceiling increase with spending cuts and “keep taking” the National Defense Authorization Act to the president on Friday’s broadcast of the Fox News Channel’s