During an interview with Bloomberg on Wednesday, White House Council of Economic Advisers Chair Jared Bernstein stated that the downgrade to America’s credit rating by Fitch isn’t giving credit where credit is due for legislation like the debt ceiling legislation
Sixty-three percent say they are “very concerned” about inflation.
On Wednesday’s broadcast of CNBC’s “Squawk Box,” Rep. Derek Kilmer (D-WA) stated that the permitting reform provisions in the debt limit bill are positive and that the reductions in spending are “progress” on “trying to actually look at some of
On Tuesday’s broadcast of MSNBC’s “Morning Joe,” House Minority Leader Rep. Hakeem Jeffries (D-NY) stated that the Democrats who voted against the bill to raise the debt ceiling did have some objections to the substance of the bill, but they
On Tuesday’s broadcast of MSNBC’s “Morning Joe,” House Minority Leader Rep. Hakeem Jeffries (D-NY) argued that despite Republicans using the threat of default to try to get “painful, deep cuts” “because we know that Democrats, President Biden, folks in the
During an interview aired Friday’s broadcast of “The Issue Is,” Rep. and U.S. Senate candidate Barbara Lee (D-CA) stated that negotiations over an agreement to raise the debt limit were “lose-lose” for President Joe Biden and she voted against the
During an interview aired on Friday’s broadcast of “PBS NewsHour,” Senior Adviser to President Joe Biden Gene Sperling stated that it’s “very important that we think of what type of policies we could do going forward” so people don’t use
On Friday’s broadcast of Bloomberg’s “Sound On,” White House Council of Economic Advisers member Heather Boushey said that it is crucial that veterans and homeless people were spared the “onerous work requirements” for SNAP benefits in the debt limit and
On Friday’s broadcast of MSNBC’s “José Díaz-Balart Reports,” Senior Adviser to President Joe Biden Gene Sperling said that “being able to resolve the debt limit with the leadership the President showed” and not having a repeat of the debt limit
On Thursday’s broadcast of NPR’s “Morning Edition,” White House National Economic Council Deputy Director Bharat Ramamurti stated that the Biden administration plans to try to get some of the concessions it made in the debt limit bill back in future
On Thursday’s broadcast of the Fox News Channel’s “America Reports,” Sen. Chris Coons (D-DE) said that the debt limit bill does push Congress to follow the appropriations process, but doing so will “be tough to do so with the reduction
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Jeff Merkley (D-OR) stated that the debt limit bill has “a whole series of proposals out of sync with the Democratic Party” and contains “all majors that came out of the
On Thursday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Sen. Jeff Merkley (D-OR) said that he plans to vote against the debt ceiling bill and one reason is because of the bill’s “significant impact…on fighting climate, which is the biggest issue
Breitbart Economics Editor John Carney discusses the debt ceiling bill, the 2024 campaign trail, woke businesses getting a little bit broker, and more evidence that the U.S. needs a secure border.
On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Jim Himes (D-CT) stated that while he thinks it won’t be big, the debt ceiling bill will be “deflationary,” and “is likely to help the Fed slow down inflation.” Himes also
The House voted by an overwhelming majority Wednesday to increase the debt limit in exchange for Republican-backed measures to rein in spending.
On Wednesday’s broadcast of MSNBC’s “All In,” Rep. Mikie Sherrill (D-NJ) stated that the debt ceiling bill “is McCarthy’s bill” but she will vote for it to avoid a default. Host Chris Hayes asked, “Did Republicans or Democrats get more
On Wednesday’s broadcast of Bloomberg’s “Sound On,” Rep. Brad Sherman (D-CA) reacted to Sen. Tim Kaine’s (D-VA) plan to try to strip the approval of the Mountain Valley pipeline from the debt ceiling bill by stating that doing so risks
The House advanced the bill package to raise the debt ceiling, setting up the final floor vote on the measure to take place Wednesday night.
On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Rep. Ro Khanna (D-CA) stated that he will vote against the bill to raise the debt limit and criticized the bill because people are going to have to start repaying their student
House Republicans will decide Wednesday night if they support raising the debt ceiling, setting up a test of House Speaker Kevin McCarthy’s (R-CA) ability to win over a majority of his conference on a pivotal bipartisan bill.
On Tuesday’s broadcast of NBC’s “MTP Now,” Rep. Debbie Dingell (D-MI) stated that while failing to raise the debt limit could cause a recession or depression, she might not support the bill to raise the debt limit and one issue
On Tuesday’s broadcast of Bloomberg’s “Sound On,” Rep. Debbie Wasserman Schultz (D-FL) stated that the increased work requirements in the debt ceiling bill are harming the poor and suggesting “that people who are struggling don’t want to work and that
On Tuesday’s broadcast of Bloomberg’s “Sound On,” Rep. Debbie Wasserman Schultz (D-FL) responded to a question on whether the debt limit bill will help President Joe Biden win re-election in the 2024 election by stating that “any time that you
Rep. Alexandria Ocasio-Cortez (D-NY) told reporters on Tuesday that she will vote against the bill to lift the debt ceiling.
On Tuesday’s “PBS NewsHour,” Rep. Debbie Dingell (D-MI) stated that communities are worried about the clawback of COVID money in the debt ceiling bill because “they thought they had until 2024 to spend that money.” And that she has been
On Tuesday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Warren Davidson (R-OH) argued that the debt limit bill “is the best debt ceiling deal” since he came into Congress in 2016 and since the debt ceiling agreement
Spending would fall by $1.3 trillion, debt service costs would decline, and IRS funding cuts would reduce revenues, the CBO said Tuesday night.
The deal to suspend the limit on federal government debt until 2025 removes one of the obstacles to another Federal Reserve rate increase.
Rep. Thomas Massie (R-KY) indicated Tuesday he would support moving the bill to raise the debt limit to the floor for a full House vote, a pivotal step as House leaders race to rally enough support to send the bill to the Senate this week.
On Tuesday’s broadcast of the Fox News Channel’s “America Reports,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) praised the debt limit bill and argued that “even when the Republicans controlled the White House, the House, and the
On Tuesday’s broadcast of “CNN News Central,” White House National Economic Council Deputy Director Bharat Ramamurti stated that President Joe Biden has had “an incredibly strong set of progressive accomplishments over the last two-and-a-half years” that isn’t repealed in the debt
On Tuesday’s broadcast of “CNN This Morning,” Rep. Debbie Dingell (D-MI) reacted to claims by some Republicans in Congress that there are no wins for Democrats in the debt ceiling bill by stating that in “most of the briefings that
House Republicans from across the conference are signaling support for the debt bill ahead of this week’s expected vote on it, indicating House Speaker Kevin McCarthy (R-CA) could see well over a majority of the GOP vote in favor of it.
On Monday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. Lance Gooden (R-TX) stated that while he’s not certain how he’ll vote on the debt ceiling bill, House Speaker Rep. Kevin McCarthy (R-CA) “did an excellent job” considering Republicans
On Monday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. Michael Burgess (R-TX) stated that the provision in the debt limit bill that if appropriations bills aren’t passed, there is an automatic 1% cut is something he “would
On Monday’s broadcast of CNN’s “Situation Room,” House Assistant Minority Leader Rep. James Clyburn (D-SC) said that he “felt that it was incumbent upon me to do what I can” to pass the debt limit agreement after OMB Director Shalanda Young
On Monday’s broadcast of “CNN This Morning,” White House Communications Director Ben LaBolt reacted to concerns about the debt ceiling agreement from the Progressive Caucus by stating that they should support the bill because it prevents default and doesn’t repeal
On Monday’s broadcast of the Fox News Channel’s “Fox & Friends,” 2024 presidential candidate and Florida Gov. Ron DeSantis (R) stated that after the debt limit deal, “our country will still be careening towards bankruptcy” like it was before since
The debt ceiling deal between House Speaker Kevin McCarthy and President Joe Biden would amount to, if passed and enacted into law, the largest deficit reduction bill in American history, an official estimate forthcoming from the Congressional Budget Office (CBO) will show.
