Sentences with phrase «us debt ceiling»

The U.S. government will reach its borrowing limit, or debt ceiling, by Oct. 1.
Congress must act by Sept. 29 in order to raise the debt ceiling, a more contentious vote than the one for Harvey aid.
Treasury Secretary Steven Mnuchin talks to Squawk Box's Becky Quick, Joe Kernen and Andrew Ross Sorkin about reducing the corporate tax rate, raising the debt ceiling and improving the economy.
«Providing aid in the wake of Harvey and raising the debt ceiling are both important issues, and Democrats want to work to do both,» they said.
``... I think that will be separate and distinct from the debt ceiling.
... didn't do it so now we have a big deal with Dems holding them up (as usual) on Debt Ceiling approval.
«The Harvey relief would pass on its own, and to use that as a vehicle to get people to vote for a debt ceiling is not appropriate,» he said.
To wit, reports Tuesday suggested the Treasury Department was preparing drastic measures in case the debt ceiling is not raised.
And only a few days ago all the world's eyes were focused on the U.S. debt ceiling.
The debt ceiling is a different animal.
With Congress dragging its feet on raising the debt ceiling, there are a lot of silly ideas making the rounds of cable TV networks, blogs — and the halls of Congress.
This brainless whopper surfaced the last time Congress played chicken with the debt ceiling.
And somewhere between mid-October and mid-November the Treasury will run out of stop - gap measures to keep paying the government's bills and the debt ceiling will have to be raised.
Big - business leaders are fed up with the tactics of conservative Republicans, who instigated a partial closure of the Federal government and engaged in brinksmanship over the debt ceiling in a failed effort to stop the implementation of the Affordable Care Act.
Conservatives don't want to raise the debt ceiling without getting anything in return, but his caucus can't agree on any type of compensation.
The same thing happened over the 2011 debt ceiling fight.
Democrats aren't going to supply any votes unless it's a clean debt ceiling increase so it's up to House leadership to find something that can pass.
But while Amash's conservative record is strong, he has occassionally bucked his party, most notably by voting against Paul Ryan's budget and against the deal to raise the debt ceiling.
Now, House Republicans barely have the energy to fight another debt ceiling fight.
Now, compare that to what Bachmann said during the government shutdown and debt ceiling fights last Fall:
With the Senate finally voting this afternoon to raise the debt ceiling, enough time has probably elapsed for us to start laughing about the absurdist tragedy that played out in Washington D.C. over the last couple months.
Reid's proposal would raise the debt ceiling enough so that it wouldn't have to be reconsidered until 2013, beyond the 2012 elections, as demanded by Obama.
While both plans would increase the debt ceiling, ratings agencies have said a short - term increase such as the one proposed by House Republicans may not be enough to protect the U.S. from a ratings downgrade.
Carney insisted that Aug. 2 is the drop - dead date for the Treasury's cash flow — «beyond that date we lose our capacity to borrow» — and expressed confidence that the debt ceiling would be raised by the deadline.
China's credit agency Dagong lowered its U.S. sovereign credit rating from A to A - on Thursday, even after the debt ceiling had been lifted.
There are really two stunning things about the movement to mint a trillion dollar coin to avert a debt ceiling crisis.
Perhaps he proposed both initiatives because he was appalled by the behavior of D.C. politicians in the summer scuffle over the debt ceiling and because he believes the public sector right now is incapable of microfinancing in the service of jobs creation.
And in October or November, according to the latest estimates by the Congressional Budget Office (CBO), the government will once again hit its self - imposed debt ceiling, a legislated limit on how much the country can borrow.
They want the government to make decisions on a variety of issues, including the debt ceiling, spending and taxes.
Putting up with a few shuttered federal agencies seems like an OK price to pay if it brings the extremists to the negotiating table in time for a compromise on the debt ceiling.
What's the point of having a debt ceiling when it only gets raised?
After pinching pennies to avoid a U.S. default on debts in July, U.S. Treasury Secretary Tim Geithner now insists Uncle Sam will have to break its obligations to creditors in August unless the federal government's debt ceiling is raised.
Does anyone think the current discussions on raising the U.S. government's debt ceiling will result in anything other than approval?
So now the stakes are high, as The White House has refused to negotiate with the GOP on a debt ceiling hike.
There were, among others, the debt ceiling standoff - cum - rating downgrade of 2011 and the fiscal cliff scare of late 2012, followed by awfully - timed tax hikes and spending cuts earlier this year.
With this, the White House has now ruled out the two best options for preventing a default in the event that the House GOP refused to life the debt ceiling.
Momentum disappeared as Congress became fixated on the debt ceiling and Obamacare.
Republicans are demanding spending cuts to reduce the budget deficit as the price for supporting an increase in the debt ceiling.
«And even more importantly, a failure to promptly raise the debt ceiling, leading to a U.S. selective default, could seriously damage the global economy and financial system.»
At the end of the day, though, the biggest threat to Canada might likely come not from financial markets, but from what a debt ceiling breach would do to U.S. consumer and business confidence and thus the pace of growth south of the border.
Markets have been relatively calm so far, and they might stay that way even if Uncle Sam stumbles over the debt ceiling.
Myriad CEOs voiced displeasure about the congressional shenanigans surrounding the debt ceiling.
They insist that spending and debt ceiling bills are vital in their own right and should not come with conditions attached.
As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.
Among other events, there's a threat of more skirmishes over the debt ceiling and another government shutdown.
The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the debt ceiling, includes around $ 2.1 trillion in spending cuts over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.
Obama's jobs plan (speech transcript) has to win the approval of the same debt hawks in Washington who recently gave Standard & Poor's an excuse (read the press release here) to downgrade America's credit by threatening to not raise the nation's debt ceiling.
Walden took interest in proposing legislation to ban the option because he thought the idea of minting a platinum coin to work around the debt ceiling was a particularly absurd idea that exemplified «the problem of people in Washington not understanding the reality» of the national debt.
Walden didn't get too specific when asked what he would demand from President Barack Obama and other Democrats in order to lift the debt ceiling.
In the category of «Well, that... didn't... work out,» leading Tea Party Republican Ted Cruz, who has been at the forefront of the shutdown and debt ceiling offensive, commissioned a poll.
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