Sentences with phrase «debt ceiling while»

(CNN)- Two days before the deadline for a possible U.S. government default, President Barack Obama and congressional leaders reached agreement Sunday on a legislative package that would extend the federal debt ceiling while cutting spending and guaranteeing further deficit - reduction steps, Senate leaders announced.

«The choice for Republicans is clear: they can keep Richard Hanna, who votes to raise taxes, to extend U.S. debt to economically dangerous levels by voting with Obama, Reid and Pelosi to raise the debt ceiling while bankrupting our nation, or they can choose a commonsense Republican like me who has a proven record of voting to reduce taxes, voting against the implementation of Obamacare in New York, votes against funding an illegal database (including ammunition database) against legal gun owners, voting against increasing our debt ceiling in New York and supports countless initiatives to reduce the burdens of government red tape on individuals and small businesses, including family farms,» Tenney said.

Not exact matches

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.

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.

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.

The Fed is expected to continue raising rates, while Congress needs to wrestle with big - ticket issues such as tax reform, the debt ceiling, and the federal budget.

«That sends all the wrong message: «Let's go ahead and increase the debt ceiling, and by the way, while we're doing it let's go ahead and spend another $ 15, $ 20 billion?»

Many Democrats claim the plan — which includes both corporate and income tax reform — favors only the top earners, while fiscal conservatives worry the tax cuts could dig the U.S. deeper into deficit spending and add to the already - mountainous national debt, requiring another showdown over raising the debt ceiling.

It would «send the wrong message» to add $ 15 to $ 20 billion of spending while increasing the debt ceiling, Meadows added.

They bicker about raising the national debt ceiling, while not altering our economic policy to create economic growth.

The sequester allowed the Republican leadership to back out of the debt ceiling fight while backbenchers could posture that they had cut spending by $ 1.2 trillion in some to - be-determined way.

«This month's debt ceiling crisis has driven the consumer mood nationally into the tank and in New York while the fall wasn't as steep, the tears are just as real,» said Siena statistics and finance Prof. Doug Lonnstrom, who is also the founding director of the college's Research Institute.

The debt ceiling debacle down in Washington has taken a toll on consumer confidence here in New York, causing it to drop 1.9 points in July, while the nation's confidence decreased 7.8 points, according to a new Siena poll.

The debt ceiling is similar, but different in that one key way: on the debt ceiling, while the Republicans have similar problems getting votes from both sides of their party at the same time, passing nothing is not an option.

However, Senator Schumer insists that, while the President and Democratic leaders have indeed come to terms regarding the debt ceiling, this is by no means a «trade - off.»

Even worse, Reed advocates a default on the debt ceiling in a few weeks, which would cause major damage to our economy while threatening delivery of Social Security checks, Medicare payments and Veterans benefits.

Fact: While Ryan tried to pin the downgrade of the United States» credit rating on spending under President Obama, the credit rating was actually downgraded because Republicans threatened not to raise the debt ceiling.

A decision not to raise the debt ceiling south of the border could see interest rates there rise while Canadian yields could drop, Erica Alini cited CIBC economist Avery Shenfeld as saying.

Practitioner confidence in the strength of the housing market sank in June, likely reflecting the slowing economy and buyer hesitancy while lawmakers in Congress debated the highly charged issue of raising the federal debt ceiling.

While the Congress tries to find a solution to the debt ceiling mess, even though it has nothing to do with the debt ceiling what - so - ever, higher ups in Washington are trying to bring the mortgage interest deduction into the conversation.

In May 2011 the debt ceiling debate started to heat up, while home prices dropped 6.8 percent year - over-year.