debt limit - Page 4

White House Chief of Staff Jeff Zients says President Joe Biden won’t negotiate over spending cuts in exchange for raising the debt ceiling with Republicans in Congress.

On Tuesday’s broadcast of CNBC’s “Squawk Box,” House Minority Leader Rep. Hakeem Jeffries (D-NY) responded to a question on whether there are any proposals — like clawing back unspent COVID relief funds — for raising the debt ceiling that he

On Tuesday’s broadcast of CNBC’s “Squawk Box,” House Minority Leader Rep. Hakeem Jeffries (D-NY) argued that, apart from the conditions House Republicans have placed on lifting the debt ceiling, only raising the debt ceiling for a year “makes no sense”

On Monday’s broadcast of the Fox Business Network’s “Kudlow,” House Freedom Caucus Chairman Rep. Scott Perry (R-PA) stated that House Speaker Rep. Kevin McCarthy’s plan on the debt ceiling largely reflects what the Freedom Caucus has proposed, but he wants

On Monday’s broadcast of CNBC’s “Squawk Box,” Sen. Joe Manchin (D-WV) stated that someone is telling President Joe Biden not to negotiate over raising the debt ceiling because “politically, we’re in good shape, let’s make them play their hand out.

On Tuesday’s broadcast of the Fox News Channel’s “The Story,” Senate Minority Leader Sen. Mitch McConnell (R-KY) stated that he is behind House Speaker Rep. Kevin McCarthy’s (R-CA) push for tying spending cuts to the debt ceiling and pointed out

On Thursday’s “PBS NewsHour,” Rep. Chip Roy (R-TX) stated that if there is a debt default, it’s on President Joe Biden because Republicans will have spent months trying to talk with Biden about a deal to raise the debt ceiling

On Wednesday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Henry Cuellar (D-TX) stated that Democrats should “Definitely” be open to spending cuts across the board, even if it’s directly tied to the debt ceiling, and “it would be good for

During an interview aired on Wednesday’s broadcast of the Fox News Channel’s “Special Report,” Rep. Jared Moskowitz (D-FL) argued that the federal government needs to spend less as American families are having to and no one wants to see a

On Tuesday’s “CNN Newsroom,” White House Communications Director Kate Bedingfield responded to a question on President Joe Biden, in his then-role as Vice President negotiating a deal around the debt limit in 2011 and arguing that we need to find

On Tuesday’s broadcast of CNN’s “At This Hour,” Rep. Brad Sherman (D-CA) argued that there’s no way to cut government programs “and somehow not cut services because we’re going to only deal with the fat” and Republicans saying we should

On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” House Chief Deputy Whip Rep. Guy Reschenthaler (R-PA) stated that cutting spending from the $1.7 trillion omnibus bill will “be a part of the negotiations” on raising the debt

On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” House Speaker Rep. Kevin McCarthy (R-CA) argued that President Joe Biden is “playing with the financial markets of America” by refusing to say he’ll negotiate over raising the debt limit and

On Tuesday’s broadcast of the Fox Business Network’s “Bottom Line,” House Majority Leader Rep. Steve Scalise (R-LA) said that there are plenty of ways you can decrease the deficit in order to raise the debt ceiling like reinstating student loan

On Monday’s broadcast of Fox News Radio’s “Brian Kilmeade Show,” Sen. John Cornyn (R-TX) said he would not be part of any deal between centrist Republicans and Democrats to raise the debt ceiling without spending cuts.

Yellen takes the minting a $1 trillion platinum coin off the table.

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that Democrats need to have a plan to raise the debt ceiling that offers concessions to Republicans because of the leverage held by the “nihilistic wing” of the party

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that he understands Republicans saying that “an adult has to cut up the credit card” after overspending on the coronavirus that ended up being stolen. Maher said that tying

On Thursday’s broadcast of the Fox News Channel’s “Your World,” Rep. Dan Crenshaw (R-TX) stated that Republicans will have more spending cuts and limits than the White House will want in order to raise the debt ceiling and that if

On Thursday’s broadcast of the Fox Business Network’s “Varney & Co.,” Rep. Mike Gallagher (R-WI) said that we should raise the debt ceiling and avoid a default, but all that Republicans want is some fiscal reform and one possibility is

On Thursday’s broadcast of NPR’s “All Things Considered,” Rep. Don Bacon (R-NE) stated that Republicans should push for coupling raising the debt ceiling with keeping spending below inflation and that if Republicans get that, it would be a win. Bacon

On Thursday’s broadcast of “CNN This Morning,” White House National Economic Council Director Brian Deese argued that the uncertainty of whether the debt limit will be raised should be removed and refused to commit to whether President Joe Biden would

Treasury Secretary Janet Yellen notified Congress on Friday that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary measures” to avoid default.

Sen. Chuck Schumer (D-NY) was reportedly chewed out by Senate Republicans and Sen. Joe Manchin (D-WV) after the debt ceiling vote Thursday night.

Sen. Lindsey Graham told a reporter Thursday he is “upset” with Republicans for caving on debt ceiling negotiations.

President Joe Biden floated the proposal Tuesday of getting rid of the filibuster rules in the Senate to raise the debt limit.

MSNBC anchor Joy Reid opened her show “The ReidOut” Wednesday by calling Republicans “nihilistic” for not voting to raise the debt ceiling.

As long as he holds firm on the policy priorities most important to his base — especially border security — Trump will have flexibility to negotiate on other issues.

“The Budget Agreement today is so important for our great Military,” he wrote on Twitter. “It ends the dangerous sequester and gives Secretary Mattis what he needs to keep America Great.”

The United States Treasury Department revealed new estimates last week that show the country set to double borrowing in the current fiscal year, a total $995 billion that would nearly double last fiscal year’s $519 billion.

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.

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.

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.

John McCain is taking heat back home for voting yes on the massive budget and debt limit suspension bill passed around 3 a.m. Friday morning.

Paul Ryan’s previous criticism of the deal to his Republican colleagues was quite pointed, including a declaration that the process “stinks.” But now he expresses optimism that the deal will include “meaningful reforms to strengthen our safety net programs, including significant changes to bolster Social Security,” and fund the military, as well as providing an opportunity to “return to regular order in our budget process.” His evaluation has been upgraded from stinky to “some good, some bad, and some ugly.”

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.