Some GOP lawmakers are eyeing work requirements and other changes to the SNAP program in a bid to reduce the deficit.
debt limit
Posted inOp-eds, Opinion
Commentary: $31 trillion isn’t the scariest number in debt-ceiling fight
The real problem facing the White House and Congress is a budget deficit that is forecast to average 4.3% of GDP in coming years.
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Posted inTimes Record Opinion
Dick Polman: Republicans doing the same thing over and over again
How fitting it is that just days after Groundhog Day, Americans have awoken to discover yet again that House Republicans are doing anew what they’ve long done over and over. Republicans are spewing the usual right-wing rhetoric – only to have it collide with the reality of actual governance. As you probably know, they’re currently threatening […]
Posted inOp-eds, Opinion
Jim Fossel: Nothing should be off table in debt ceiling negotiation
What can the White House give that will satisfy Republicans? Plenty.
Posted inEditorials, Opinion
Another View: If Kevin McCarthy is serious about protecting the economy, he’d raise the debt ceiling
There’s no justifying brinkmanship in 2023, when policymakers are striving to head off a recession.
Posted inOp-eds, Opinion
Commentary: What Jerry Seinfeld’s ‘Black Card’ can teach lawmakers about the debt limit
In the end, neither the Sultan of Brunei, nor Seinfeld, nor American politicians should be given a limitless line of credit.
Posted inNation & World, News, Politics
Fact-check: McCarthy puts a spin on spending math to justify debt limit fight
McCarthy suggests that the Republican-controlled Congresses never increased spending at all. That’s false.
Posted inBusiness, Nation & World, News, Politics
U.S. Treasury buys time for Biden and Republicans on debt limit deal
The Treasury Department says it has started taking ‘extraordinary measures’ as the government has run up against its legal borrowing capacity of $31.381 trillion.
Posted inNation & World, News, Politics
McCarthy concessions raise stakes on budget, debt limit
By increasing the difficulty of a bipartisan agreement on spending, it could raise the risk of a market-rattling battle over the debt limit and a partial government shutdown later this year.
Posted inOp-eds, Opinion
Jim Fossel: The national debt is getting spookier
We always spend freely when a crisis comes along, and we never tighten our belts when it’s over.