by Caroline Neal | Mar 15, 2023 | Featured, Politics
WASHINGTON –– As Democrats and Republicans prepare to spar over the debt ceiling, a quieter debate on scaling back defense spending is brewing within the Republican Party. The prospect of defense cuts started during Kevin McCarthy’s (R-Calif.) bid for speaker of the...
by Davis Giangiulio | Feb 2, 2023 | Featured, Politics, Topics
WASHINGTON — After weeks of early conversation about how Congress and the White House will tackle raising the debt limit this year, House Speaker Kevin McCarthy (R-Calif.) and President Joe Biden met on Wednesday to discuss the issue for the first time. The highly...
by Davis Giangiulio | Jan 26, 2023 | Business, Featured
WASHINGTON — The debate over raising the U.S. debt limit is poised to be one of the hottest fights to hit Washington this year, and will feature a cast of characters both widely and lesser known to investors and everyday Americans. President Joe Biden and House...
by Zachary Miller | Feb 16, 2022 | Business, Featured
WASHINGTON – The federal debt ceiling has caused headaches for decades. Now, House Democrats are considering the value of doing away with it altogether. “The debt ceiling has become a political weapon used to extract concessions, or more recently, simply score...
by Jason Harward | Oct 5, 2021 | Featured, Politics
WASHINGTON — Staring down a possible default on the federal debt in less than two weeks, congressional leaders Tuesday remained firm in their positions on how to raise the debt ceiling, with Senate Republicans refusing to give Democrats any avenue to address the debt...
