‘Outrageous’: Freedom Caucus Demands McCarthy Hold the Line on Debt Ceiling Talks
Members of the conservative House Freedom Caucus are urging Speaker Kevin McCarthy not to compromise with President Joe Biden on ...
Tag: Default
Democrat Socialist Congresswoman Says There Will Be Backlash ‘In the Streets’ if Biden Agrees to Spending Cuts
Democratic Rep. Pramila Jayapal of Washington said Tuesday that there would be backlash “in the streets” if President Joe Biden ...
Rulers Warn: Stocks Will Plunge if They Default on the Debt
The United States ruling class is warning of economic turmoil if it defaults on its debt. The White House says ...
US Will Run Out of Money to Pay Bills by June 8: Goldman Analyst
Alec Phillips, a research chief political economist at Goldman Sachs, expects the United States to have time until June 8 ...
Invoking the 14th Amendment Would Be Worse Than Default
Following the Civil War, the 14th Amendment was adopted to secure citizenship for all natural born Americans, including former slaves. ...
What If Janet Yellen Is Finally Right About Something?
As the United States closes in on possible default in less than two weeks, economists are debating whether or not ...
What to Do if the Debt Ceiling Fight Worsens
The debt ceiling debate in Washington has been widely discussed but so far, few investors are truly worried. Most believe ...
US ‘Has to Default’ on Something If Debt Ceiling Isn’t Raised Before Deadline: Yellen
The U.S. government will have to default on some payments if Congress fails to raise the national debt ceiling before ...
Debt Ceiling Battle Could Benefit Gold Investors Whether a Deal Is Reached or Not
In economics, current sentiment is key to speculation. It can create the financial equivalent of self-fulfilling prophecies. For example, when ...