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Tag: Debt Ceiling

WASHINGTON, DC - MARCH 08: Rep. Thomas Massie (R-KY) listens at a press conference, alongside members of the Second Amendment Caucus, outside the U.S. Capitol Building on March 08, 2022 in Washington, DC. The caucus held the news conference to talk about their support for Rep. Michael Cloud’s (R-TX) gun rights legislation, the “No REGISTRY Rights Act” which if passed would make it illegal to track gun ownership. (Photo by Anna Moneymaker/Getty Images)\

Trump: Rep. Massie ‘Not MAGA,’ ‘MAGA doesn’t want him’

President Donald Trump slammed Kentucky GOP Representative Thomas Massie for criticizing U.S. involvement in the Israel-Iran conflict.

Read More Trump: Rep. Massie ‘Not MAGA,’ ‘MAGA doesn’t want him’
WASHINGTON, DC - JULY 25: Thunderstorm clouds roll over the U.S. Capitol on July 25, 2022 in Washington, DC. The storms prevented many members of Congress from returning to the capital on Monday, forcing the Senate to postpone a procedural vote on the so-called CHIPS+ Act, which would give $39 billion to subsidize the construction of semiconductor factories in the U.S. and $11 billion for research and development initiatives into microprocessor innovation. (Photo by Chip Somodevilla/Getty Images)

GOP Senators threaten to block Trump’s ‘Big Beautiful Bill’ if national debt is not reduced

GOP Senators have warned President Donald Trump that his “big beautiful bill” is at risk of being blocked unless he “gets serious” about cutting federal spending and reducing the national debt.

Read More GOP Senators threaten to block Trump’s ‘Big Beautiful Bill’ if national debt is not reduced
U.S. President Joe Biden speaks to the media following the Supreme Court's ruling on charges against former President Donald Trump that he sought to subvert the 2020 election, at the White House on July 1, 2024 in Washington, DC. The highest court ruled 6-3 that presidents have some level of immunity from prosecution when operating within their "constitutional authority," but do not have absolute immunity. (Photo by Andrew Harnik/Getty Images)

Biden Signs Stopgap Funding Bill Into Law 

A new version of a stopgap spending bill has been signed by President Joe Biden following a deadline for a partial government shutdown. 

Read More Biden Signs Stopgap Funding Bill Into Law 
WASHINGTON, DC - DECEMBER 19: The U.S. Capitol is seen as Congress works to pass a government spending bill on December 19, 2024 in Washington, DC. Congress is working to pass a funding bill to avert a government shutdown after House conservatives rejected an earlier bill following strong disapproval from Tesla CEO Elon Musk. (Photo by Kevin Dietsch/Getty Images)

House Republicans Agree On New Funding Bill Amid Hopes To Avoid Government Shutdown

House Republicans have quickly reached a new funding deal to stave off a government shutdown on Friday, with President-elect Donald Trump calling on all members of the conference to pass it as soon as Thursday night. 

Read More House Republicans Agree On New Funding Bill Amid Hopes To Avoid Government Shutdown
The U.S. Capitol building is pictured on Capitol Hill in Washington, U.S., April 23, 2024. REUTERS/Julia Nikhinson/File Photo

Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says

A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis.

Read More Debt ceiling standoff could trigger US rating downgrade, TD’s Goldberg says
NEW YORK, NEW YORK - AUGUST 02: Traders work on the floor of the New York Stock Exchange (NYSE) on August 02, 2023 in New York City. The Dow fell over 300 points in trading following news Fitch downgraded the United States economy to AA+ from AAA late on Tuesday spooking investors and markets. (Photo by Spencer Platt/Getty Images)

Stocks Tank After Fitch Downgrades U.S. Credit Rating 

Fitch reduced the United States government’s credit rating from AAA to AA+ due to fiscal worries, worsening U.S. governance, and political polarization reflected partly by the U.S. Capitol breach.

Read More Stocks Tank After Fitch Downgrades U.S. Credit Rating 

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