The House GOP’s debt ceiling gambit hurt the nation’s credit rating
Republicans' refusal to pass a clean debt ceiling bill may mean higher interest rates for the national debt.
By Josh Israel - August 02, 2023Republicans' refusal to pass a clean debt ceiling bill may mean higher interest rates for the national debt.
By Josh Israel - August 02, 2023Several Republicans are preparing to demand spending cuts to programs supporting equity and inclusion.
By Josh Israel - February 27, 2023Experts say House Republicans’ latest debt limit showdown could cause massive damage to the U.S. and global economies — even if they don’t ultimately force a default.
By Josh Israel - February 09, 2023House Republicans have introduced or pledged legislation that would make the country’s budget deficit even larger via tax cuts for the rich and weakened tax law enforcement.
By Josh Israel - February 08, 2023Republicans in Congress have a history of using the national debt ceiling as a tool for demanding budget cuts — but only when a Democrat is in the White House.
By Josh Israel - October 11, 2022Almost $8 trillion of the national debt was added by former President Donald Trump — with the GOP’s help.
By Josh Israel - February 08, 2022Just one GOP lawmaker joined the Democrats in voting to keep paying the federal government’s bills.
By Josh Israel - December 15, 2021Just one GOP representative voted for a bill to prevent automatic cuts to Medicare, which also will help avert a catastrophic debt default.
By Josh Israel - December 08, 2021The Senate GOP filibustered the 2022 National Defense Authorization Act in hopes of forcing numerous amendment votes.
By Josh Israel - November 30, 2021The Texas Republicans wants to repeal a key funding mechanism for the new infrastructure law — with no offset.
By Josh Israel - November 16, 2021The cost of President Joe Biden’s spending package would be more than offset by cost-saving measures and new taxes on corporations and the wealthy, according to a nonpartisan analysis released Thursday.
By Josh Israel - November 04, 2021Rep. Jason Smith (R-MO) said Democrats should not raise the debt limit when there are unspent appropriated funds.
By Josh Israel - October 13, 2021The party that would have allowed a debt default thinks Senate Majority Leader Chuck Schumer shouldn’t have been so ‘partisan’ about it.
By Josh Israel - October 08, 2021The White House has said President Joe Biden’s Build Back Better plan is fully paid for.
By Josh Israel - October 07, 2021House Minority Leader Kevin McCarthy made a misleading claim about Biden’s plan in a Fox News appearance on Monday.
By Josh Israel - September 27, 2021The decision not to suspend the debt ceiling could cost the country 6 million jobs, a new report shows.
By Josh Israel - September 22, 2021Moody’s Analytics found the decision would cause the United States to ‘descend back into recession.’
By Emily Singer - September 22, 2021GOP House members say they will not vote to increase the federal debt ceiling.
By Josh Israel - August 30, 2021After voting for more than $8.5 trillion in spending, Mitch McConnell and his gang don’t want to let the government pay interest on their debt.
By Josh Israel - August 10, 2021Sen. Todd Young (R-IN) voted on July 28 to move the bill forward in the Senate.
By Josh Israel - August 09, 2021Suspension of the ceiling on borrowing by the Treasury to pay government debt expires on July 31.
By Josh Israel - July 21, 2021Most GOP backers of a resolution to declare the national debt a ‘national security threat’ also backed Donald Trump’s tax cuts.
By Josh Israel - May 21, 2021After ignoring the debt limit under Trump, they now appear eager to cause another global economic crisis.
By Josh Israel - April 22, 2021All five of the Republicans who are demanding a new debt commission voted recently to try to make Donald Trump’s tax cuts permanent.
By Josh Israel - April 16, 2021The same senators who added trillions to the debt with massive tax cuts for the rich are now complaining about debt — while trying to make those tax cuts permanent.
By Josh Israel - April 09, 2021The Senate minority leader is upset President Joe Biden doesn’t want to increase defense spending more.
By Josh Israel - April 09, 2021The Ultra-Millionaire Tax Act would only impact those worth more than $50 million.
By Josh Israel - March 01, 2021Republicans in the Senate want to permanently extend parts of the Tax Cut and Jobs Act of 2017.
By Josh Israel - February 05, 2021Their proposal would make it virtually impossible to raise the needed revenue to pay for even current expenses.
By Josh Israel - February 03, 2021He voted for the 2017 tax cuts for billionaires that helped increase the national debt by $7.8 trillion during Donald Trump’s time in office.
By Donna Provencher - January 20, 2021