Among the less - noticed cost - saving recommendations that
the White House debt commission has made that have flown beneath the radar is a call to cut the budget of the Executive Office of the President and Congress by 15 %.
Not exact matches
U.S. government
debt prices eased on Thursday as investors digested the latest developments coming out of the
White House.
So now the stakes are high, as The
White House has refused to negotiate with the GOP on a
debt ceiling hike.
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.
The
White House is asking Congress for $ 7.8 billion in immediate aid, plus another $ 6.7 billion within weeks ahead of the
House of Freedom caucus, Mark Meadows, says he does not want to see that disaster aid tied to a bill to raise the
debt limit.
The borrowing will help the government boost a cash balance that was depleted during the
debt - ceiling standoff between Congress and the
White House.
The
White House has given different takes on how it believes the
debt ceiling should be addressed, but it recently has called on Congress to raise the
debt ceiling.
Several Tea Party Republicans have said they will not agree to lift the so - called
debt ceiling without the
White House making several compromises — something the
White House has said it will refuse to do.
White House and congressional leaders have not yet made final decisions about the amount of funding, or whether to link it to extensions of the
debt limit or of broader government spending, and conversations remained fluid Thursday evening.
According to Bloomberg sources, «the
White House would like to extend the
debt limit long enough to move back the threat of a U.S. default until after Congress can deal with funding for the full federal fiscal year and tax legislation the Trump administration backs.»
We're up to our eyeballs in
debt, and even our cute little
houses with the
white picket fences are about to crumble to dust in a U.S. style meltdown.
White House budget director Mick Mulvaney on Oct. 4 qualified the president's statement, saying he was referring to Puerto Rico's need to fix its own
debt issues through its oversight board.
Wait until these government
debts and budget deficit protests make their way to the
White House; then the problems will really begin.
You may inflate your way out of your
debt problem but you're not going to grow your way out of the
debt problem, so let's get behind that and if the dollar got too strong then the impotence from the
white house would be to have more tariffs because they are hell bent on shrinking this trade deficit so when Kudlow discusses that, he ought to be very careful about where he is going because this
white house, Peter Navarro and Wilbert Ross will push for a weaker dollar because a weaker dollar is Mnuchin and Wilbert Ross both said in Davos, is sending soldiers to the ramparts in the trade war that exists every day.
Before Congress moves forward with any of the
White House's proposals to help Puerto Rico with its staggering $ 72 billion
debt load, a large issue will likely need to be rectified; the Commonwealth needs to provide transparent and verifiable financial data for the committees to evaluate.
WASHINGTON (AP)--
House Republicans and Democrats reached a rare, election - year deal with the
White House to try to rescue Puerto Rico from $ 70 billion in
debt as millions of Americans in the cash - strapped U.S. territory struggle with the loss of basic...
The presidential vote of confidence for Powell reflects the
White House and Treasury's desire for low interest rates to fund the public
debt and support high asset prices, as well as the probability that the Senate will quickly confirm the nominee.
Republican
House leaders were facing a losing public relations fight with the
White House over the
debt ceiling that would have gotten far worse if the government had begun to default on some if its obligations.
The hour - and - a-half spectacle saw the two
White House candidates discuss a wide range of topics from unemployment, economy, taxation and national
debt to terrorism, immigration, Islamic State and nuclear weapons.
Dead Broke — In an interview, Clinton stated that she «came out of the
White House not only dead broke, but in
debt.»
During a Seante leadership news conference today in DC, Senator Chuck Schumer joked that the
House Republicans have mellowed since their recent retreat to Williamsburg, Virginia, where the conference decided not to fight the
White House over raising the
debt ceiling.
Last night, the
White House and Congressional leaders struck a budget deal in order to raise the
Debt Ceiling until March 2017, as well as to raise the Sequester spending caps for Fiscal Years 2016 and 2016 (by $ 50 billion and $ 30 billion respectively).
The
White House is pushing Congress to act on a plan to restructure Puerto Rico's finances, which is struggling under a heavy
debt load.
At the
White House, the creator of the hit musical «Hamilton» called for federal help for Puerto Rico's
debt crisis.
A
White House list of local elected officials nationwide calling for a
debt ceiling compromise includes Bloomberg and state Comptroller Tom DiNapoli, but not Cuomo.
The former New York governor was visiting Iowa for an event hosted by his fiscal conservative group, No American
Debt, and confirmed that he's still undecided on a possible
White House bid.
In this year's race for the
White House, candidates have addressed college affordability and student
debt — two issues that are vitally important to New York families.
WASHINGTON (CNN)- President Barack Obama will propose ideas for how the special congressional committee created by the recent
debt ceiling deal can reach a deficit reduction plan that exceeds the required $ 1.5 trillion total, a
White House spokesman said Wednesday.
«If we are willing to let Cruz get to the
White House, we're willing to do anything to open the government and raise the
debt ceiling.
Former New York Gov. George Pataki, who has yet to rule out a 2012 presidential bid, is launching an advocacy group to pressure
White House candidates to tackle the national
debt.
After years of blaming former President Barack Obama for the growing national
debt, some Republicans said they were responsible for any abdication of fiscal discipline now that the GOP controls the
White House and both chambers of Congress.
(CNN)- Some Senate Democrats were concerned and frustrated last year about outgoing
White House Chief of Staff Bill Daley's handling of the high - stakes negotiations with Republicans over government funding, the
debt ceiling and job creation, according to a senior Democratic aide on Capitol Hill.
For now, most investors and forecasters seem to expect a lot of bluster from the
White House and Republicans, followed by an eleventh - hour agreement that avoids a government shutdown or
debt default.
[S] ome GOP lawmakers were exploring whether the political stalemate over funding the government could best be resolved by crafting a broader fiscal package that would include an increase in the
debt ceiling... The speaker expressed optimism at the lunch that he might be able to combine the two issues to embark on broader budget negotiations with the
White House and Senate Democrats.»
Senate Majority Leader Mitch McConnell (R — KY) and Senator Chuck Schumer (NY), the Senate's top Democrat, said the two parties — and the
White House — have agreed to smash through caps on military and domestic spending imposed by a 2011 law designed to reduce the nation's long - term
debt.
President Barack Obama discusses the
debt limit and federal deficit during a news conference in the East Room of the
White House in Washington, June 29, 2011.
White House Burning: The Founding Fathers, Our National
Debt, and Why It Matters to You by Simon Johnson and James Kwak Pantheon April 3 The co-founders of The Baseline Scenario offer an insightful, demystifying look into the national d
Debt, and Why It Matters to You by Simon Johnson and James Kwak Pantheon April 3 The co-founders of The Baseline Scenario offer an insightful, demystifying look into the national
debtdebt.
Policymakers continue to work on plans to make college more affordable while the
White House has worked to provide reduced payment plans that will ease the burden of student loan
debt.
Because of this the
White House announced a campaign six months ago called the Student
Debt Challenge.
Consumer
debt and the
housing market finally appear to be stabilizing here in the Great
White North, at the same time
debt concerns in the United States and Europe have begun to dissipate.
The
White House is attempting to refocus efforts on helping students out of their
debt situation by addressing all sides of the problem — making quality education more affordable, increasing access to aid, and making loan repayment processes as painless as possible.
The
White House estimates that over 70 % of students earning a bachelor's degree graduate with
debt averaging at around $ 28,400.
American Student Assistance and Salt Promote Income Driven Repayment to More Than 1 Million Student Loan Borrowers as Part of
White House Student
Debt Challenge
According to a report released by the
White House, those who dropped out of college after taking out small student loans have a harder time repaying their
debt than those who took out thousands of dollars in loans.
As part of ASA's pledge to garner 1 million impressions of information on student loan income driven repayment for the
White House Student
Debt Challenge, this training was designed to help college and university employees understand federal student loan repayment options to help them support student loan borrowers.
According to the
White House, almost 70 % of all students who receive a bachelor's degree graduate with
debt.
The most recent
White House budget calls for capping
debt forgiveness at $ 57,500 per student in order to keep PAYE and IBR expenses manageable.
Alice Rivlin, founding director of the Congressional Budget Office, former director of the
White House Office of Management and Budget, former Federal Reserve Vice Chair, and member of the Presidential
Debt Commission.
The student
debt crisis has the attention of Congress and the
White House.
According to a June 2014
White House report, 71 percent of graduates earning a Bachelor's degree also acquired an average of $ 29,400 in college
debt.