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On February 4, 2013, President Obama signed into law the "No Budget, No Pay Act of 2013", which suspended the U.S. debt ceiling through May 18, 2013. The bill was passed in the Senate one week previously by a vote of 64–34, with all "no" votes from Republican senators, [ 13 ] who were critical of the lack of spending cuts that accompanied an ...
For the second time in three years, the U.S. government is again running perilously close to reaching the debt ceiling -- but Wall Street is indicating that its level of concern this time around ...
The 2013 debt ceiling crisis ended first with a short term deal that required each chamber to pass a budget and then later in the year set up conferences to reconcile budgets as part of a broader ...
The debt ceiling is an aggregate figure that applies to gross debt, which includes debt in the hands of the public and intra-government accounts. As of October 2013, about 0.5 percent of the debt is not covered by the ceiling. [9] There is debate about whether the debt ceiling is constitutional.
Republicans agree to tax the wealthy, a coin solves the debt ceiling debate, Bill O'Reilly insults Asians, and Jimmy Wales shares Wikipedia's next steps. 1,132 TBA
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The way to get rid of the debt ceiling is to get rid of the debt ceiling. Democrats should have done that when they held power in 2021 and 2022. They should prioritize it when they next get a ...
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