And they do more harm than good, especially among the people they’re supposed to help.
debt limit
Posted inNation & World, News, Politics
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
President Biden said he would sign the bill into law as soon as possible. “This bipartisan agreement is a big win for our economy and the American people,” the president said.
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Posted inNation & World, News, Politics
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
The budget deal was being debated Thursday in the Senate, where lawmakers are working to meet a Monday deadline before the U.S. risks a devastating default.
Posted inNation & World, News, Politics
Senate leaders stress time crunch as they prepare for debt ceiling bill
Sen. Susan Collins said she remains ‘very concerned’ about the short-term funding provision in the bill.
Posted inNation & World, News, Politics
Changes to food aid in debt bill would cost money, far from savings Republicans envisioned
An estimate from the Congressional Budget Office says that while the new work requirements in SNAP would save money, the added benefits pushed by Democrats would cost more – and add almost 80,000 people to the rolls in an average month.
Posted inBusiness, Nation & World, News, Politics
House OKs debt ceiling bill to avoid default, sends Biden-McCarthy deal to Senate
With an overwhelming House vote, 314-117, the bill now heads to the Senate with passage expected by week’s end.
Posted inBusiness, Nation & World
Debt limit deal is in place, but budget deficit is still a multi-decade challenge for U.S. government
Social Security, Medicare and Medicaid consume an ever-growing share of federal spending and will continue to grow in coming years.
Posted inNation & World, News, Politics
Here’s what’s in, what’s out of the debt limit bill to avert U.S. default
The details of the deal between President Biden and House Speaker Kevin McCarthy are out.
Posted inBusiness, Nation & World, News, Politics
Debt limit deal heads to vote in full House while McCarthy scrambles for Republican approval
The hard-fought measure is now headed to a House vote Wednesday.
Posted inOp-eds, Opinion
Commentary: Social Security needs our help if we want it to deliver for us
It’s time for Congress to stop starving the Social Security Administration of the resources it needs to serve the public efficiently and effectively.