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Tag: fiscal responsibility act

WASHINGTON, DC - SEPTEMBER 12: President of the committee for a Responsible Federal Budget Maya MacGuineas (L), co-chair of the National Commission on Fiscal Responsibility and Reform, and former Sen. Alan Simpson (R-WY) (R) speak to the media during a news conference at the National Press Club September 12, 2011 in Washington, DC. MacGuineas and Simpson call on the Joint Select Committee on Deficit Reduction, also known as the Super Committee, to"go big and develop a large-scale debt reduction package sufficient to stabilize the debt as a share of the economy" as the committee work to reach a deficit reduction agreement. (Photo by Alex Wong/Getty Images)

US National Debt Reaches A Monumental $35T Dollars

The United States national debt has now reached an outrageous $35 trillion dollars, according to the House Budget Committee.

Read More US National Debt Reaches A Monumental $35T Dollars
WASHINGTON, DC - JUNE 01: U.S. Senate Majority Leader Chuck Schumer (D-NY) gives a thumbs up as he walks to a press conference after final passage of the Fiscal Responsibility Act at the U.S. Capitol Building on June 01, 2023 in Washington, DC. The legislation passed in the Senate with a bipartisan vote of 63-36, raising the debt ceiling until 2025 and avoiding a federal default. (Photo by Anna Moneymaker/Getty Images)

Senate votes 63-36 approving debt deal

The Senate has passed the debt ceiling deal between Speaker of the House Kevin McCarthy and President Joe Biden.

Read More Senate votes 63-36 approving debt deal

Sen. Rand Paul Introduces Alternative to Biden-McCarthy Debt Deal

The House passes the debt ceiling bill in a 314-117 vote. 

Read More Sen. Rand Paul Introduces Alternative to Biden-McCarthy Debt Deal
WASHINGTON, DC - January 18: House Majority Leader Kevin McCarthy speaks at a news conference announcing a new division on Conscience and Religious Freedom at the Department of Health and Human Services January 18, 2018 in Washington, DC. The new division, part of the department's Office of Civil Rights, will aide medical professionals who object to certain procedures on religious grounds. (Photo by Aaron P. Bernstein/Getty Images)

GOP lawmakers speak out against so-called ‘Fiscal Responsibility Act’

GOP lawmakers gathered on Capitol Hill to speak out against the so-called Fiscal Responsibility Act agreed to by Joe Biden and House Speaker Kevin McCarthy, which could increase the debt ceiling by some $4 trillion by January 2025.

Read More GOP lawmakers speak out against so-called ‘Fiscal Responsibility Act’
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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