Sentences with phrase «debt ceiling pushed»

While a temporary compromise over the country's debt ceiling pushed that deadline back to at least August, the sequester — sweeping automatic spending cuts mandated by cliff legislation — could kick in as soon as March 1.

Not exact matches

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.

The irony is that the US has hit its debt ceiling and the US Federal Reserve will end its bond purchases at June - end: both factors that should be pushing yields higher.

If the Republicans, who are holding out for concessions on the health care law — the Affordable Care Act — in exchange for a budget vote, back down or are blamed for a shutdown, they would have even less ability to push their wishes by refusing to raise the debt ceiling, analysts at DBS in Singapore wrote Tuesday.

Within 48 hours the president had signed into law a bill that provides $ 15 billion in hurricane funding, a bill that delays the potential government shut down at the end of this month to December 8th and a bill that pushes the debt ceiling fight which is perhaps the most market moving event that comes out of Washington off until sometime in 2018.

As this chart from Bespoke Investment Group shows, each seeming challenge from the news cycle — the Mueller probe, the debt ceiling, the Fed tightening — was deflected by markets that were determined to push higher.

But personally, even as a staunch Democrat who will likely support any policy they choose to push using the debt ceiling as leverage, I still don't like it.

President Obama's administration is pushing to raise the nation's debt limit an additional $ 2 trillion, which currently stands at $ 14.3 trillion and issued dire warnings from business leaders that failing to OK the increase will lead to inflation, an immediate doubling of «Interest Rates» and a killer «Wall Street Crash» — House Speaker John Boehner, R - Ohio, says the GOP will demand trillions in spending cuts before considering an increase in the debt ceiling.

Concerns about the federal government's shutdown and the debt ceiling helped push average mortgage interest rates higher this week.

This uncertainty includes the upcoming and repeated challenge of raising the debt ceiling (this deadline was originally scheduled for early September, but got pushed out until December); enacting a federal government budget for fiscal year 2018 (the fiscal year began October 1st, but Congress extended last year's budget until December); and engaging in the first significant discussion of tax reform in 30 years.