by Jane Richey | Jan 23, 2014 | Fiscal Responsibility
Congress will likely need to raise the debt limit by late February to avoid a missed payment, according to Treasury Secretary Jack Lew. In a letter sent to lawmakers Wednesday, Lew said the timeline for a borrowing boost has moved up slightly. When he first pressed...
by Jane Richey | Oct 16, 2013 | Fiscal Responsibility, Politics
Still no resolution on continually raising debt ceiling in this Democrat-approved arrangement. US government needs to spend LESS money: The proposal would fund the government through Jan. 15, 2014, and put off the debt ceiling until Feb. 7, 2014, with the Treasury...
by Jane Richey | Oct 16, 2013 | Fiscal Responsibility, Politics
The Senate approved a bill to reopen the government and avert default Wednesday night, 16 days into a government shutdown and a day before the Treasury Department’s debt limit deadline. The legislation, crafted by negotiations between the Senate’s two leaders,...
by Jane Richey | Oct 16, 2013 | Fiscal Responsibility, Health Care
From USA Today The agreement: • Reopens the government fully with funds to continue running through Jan. 15, delaying the threat of another shutdown until after the holidays. • Extends the government’s borrowing authority through Feb. 7. Treasury Secretary Jacob...
by Jane Richey | Oct 8, 2013 | Fiscal Responsibility, Politics
Over the past few weeks, Democrats have indicated that they have no intention of negotiating over Obamacare, opting instead to shut down the government. They are justifying their obstinacy by asserting that Obamacare is the law of the land. Well, if that is the game...