Showing posts with label Debt ceiling. Show all posts
Showing posts with label Debt ceiling. Show all posts

Thursday, March 2, 2023

CBO director says the US debt situation is dire

CBO director says the US debt situation is dire

Snippet of Article: "...Democrats remain at an impasse over raising the debt ceiling. "The CBO made it clear that the level of growth necessary to balance the budget without cutting spending is impossible," a GOP aide told Fox News Digital. They said Swagel told the lawmakers, "We cannot grow ourselves out of this."..."

Source: www.foxnews.com

Debt ceiling vs Democrat Negligent Spending,

Friday, September 27, 2013

Prediction: Government Shutdown Will Be Averted

Article Title: Sen. Rob Portman predicts government shutdown will be averted

Snippet of Article: "...He said he is optimistic that the House and Senate will be able to reach a spending compromise in time to avoid a government shutdown on Oct. 1. "I think we will pass something," Portman said...."

Source: www.cleveland.com Government Shutdown 2013

Saturday, July 30, 2011

Will Federal Workers get paid?

Article Title: The priority list: Who will get paid if government defaults?

Snippet of Article: "...Likely losers: federal workers in jobs deemed non-essential, private contractors and state and local governments. ..."

Source: www.siliconvalley.com