Sentences with phrase «only the debt ceiling»

DeMarco: It's not only the debt ceiling; the continuing resolution on the federal budget is set to expire on December 8 as well, and there are some concerns about whether Congress will be able to avoid a government shutdown.

Not exact matches

And only a few days ago all the world's eyes were focused on the U.S. debt ceiling.

What's the point of having a debt ceiling when it only gets raised?

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.

The only way it could is if Congress didn't raise the debt ceiling.

As they return to the nation's capital Tuesday from the monthlong summer recess, members of Congress have only weeks to fund the federal government, raise the debt ceiling, and reauthorize a health insurance program that benefits thousands of Maryland children.

But several conservative Republicans, including Harris, believe the debt ceiling should be raised only if it comes with spending controls to reduce federal budget deficits.

Only Santorum was able to highlight (not very effectively) any of the practical consequences of an extended failure to raise the debt ceiling.

By the time Congress gets to a vote on the debt ceiling, the only option available to rational legislators» no matter how conservative or liberal» is to continue enabling the government shopaholic by increasing Uncle Sam's credit line.

That's because it includes a debt ceiling extension and only three months» worth of government funding — a deal struck by President Donald Trump with House and Senate Democratic leaders.

It essentially suspends the debt ceiling until February 8, but only to pay obligations incurred before that date.

The only way the U.S. will immediately default upon reaching the debt ceiling is if the government actively chooses to do so by not making debt payments.»

The deal to end the government shut down is only good through mid January, the debt ceiling agreement expires in early February.

Gibson and Rep. Tom Reed were the only two Republicans to vote «no» on the debt ceiling bill, bucking House Speaker John Boehner in the process.

House Speaker John Boehner only mustered 28 Republican votes yesterday to extend the federal debt ceiling, without any accompanying demands for spending cuts.

And the only way the trust fund can get some cash to pay Social Security benefits is if the federal government draws it from general revenues or borrows the money — which, of course, it can't do because of the debt ceiling.

Only when the permissions granted by the debt ceiling are utilized to create actual debt does interest become payable.

In fact, she was the only New York Republican to vote against the compromised bill to raise the debt ceiling.

Anyone following the news this summer could be forgiven for thinking the debt ceiling discussion was the only thing going on in Congress.

My only hope is that we don't let education policy get hijacked (with due deference here to vice-president Biden) by the same partisan bickering that flavored the debt - ceiling standoff a couple weeks ago.

``... The inability of Congress to reach a compromise on raising the nation's debt ceiling isn't the only example of how partisanship and, dare we say, sheer incompetence is getting in the way of conducting the people's business.

«Unlike the debt ceiling standoff, with its competing claims of trillions in cuts, the FAA impasse involves only a tiny slice of the federal budget.

The only thing that concerns me this year is the debt ceiling negotiations.

Now if only he can find a way to do that with the parties endangering America's economy with debt - ceiling brinkmanship.

Second, to get anywhere near the required temperature ceilings, we have not only run out of carbon budget, but have run up considerable carbon debt already.