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UrduThe bill lifting the debt ceiling for two years in exchange for spending cuts passed the Senate last night. More than two-thirds of the 63 yea votes came from the Democratic caucus as most Republican senators bucked their party’s leadership…
Tag: debt ceiling
Thomas Kahn, distinguished faculty fellow at AU SPA, is available to discuss the debt ceiling situation
As the Congress and the President scramble to avert a catastrophic default on the debt, Thomas Kahn, distinguished faculty fellow at American University’s School of Public Affairs, is available to share his unique insights. As the longest serving House Budget…
Will clean energy incentives, EV tax credits survive debt ceiling showdown?
As the nation prepares for a showdown between President Biden and House Republican leadership over the impending default date of the federal debt ceiling, a House Republicans’ proposal to avoid the country’s first default could raise the federal debt limit…
ASBMB cautions against sacrificing science funds to make debt-ceiling deal
ASBMB emphasizes the importance of preserving research from scientists supported by the NIH, NSF and DOE during debt-ceiling deal
UMD Smith’s Michael Faulkender on Navigating the Debt Ceiling
Michael Faulkender, Dean’s Professor of Finance at the University of Maryland’s Robert H. Smith School of Business, says: “The fundamental issue is that the federal budget is on an unsustainable path. However, Congress must raise the debt ceiling. Default cannot occur…
Johns Hopkins Expert: CBO Projection May Force Faster Debt Limit Resolution
The Congressional Budget Office’s (CBO’s) projections released Wednesday that estimate the U.S. government might default on its debt between July and September may spur lawmakers to resolve the debt ceiling crisis faster, according to Johns Hopkins University macroeconomist Alessandro Rebucci,…
Johns Hopkins Expert: Debt Ceiling Could Lead to Mayhem for U.S. Economy
With the United States hitting its debt ceiling today, the federal government must scramble to resolve the issue or the U.S. economy could be headed toward mayhem, according to Johns Hopkins University financial expert Kathleen Day, who has extensively studied…
Borrowing in excess of debt ceiling ‘least unconstitutional’ option for Biden
With the U.S. expected to hit its borrowing limit tomorrow, the White House is putting pressure on House Republicans to raise the debt limit without conditions. Michael Dorf, professor of constitutional law at Cornell Law School and an expert on…