Debt ceiling - Page 10

Senate Republicans Block Government Funding, Debt Ceiling Bill

Senate Republicans blocked a government spending and debt ceiling bill Monday, setting up a dramatic showdown between Republicans and Democrats on whether Congress should raise the debt ceiling while Democrats plan to spend trillions on infrastructure and social spending. 

WASHINGTON, DC - SEPTEMBER 13: (L-R) Senate Majority Leader Chuck Schumer (D-NY) points at

Darling: Attach Cut, Cap, and Balance to Debt Limit Hike

Treasury Secretary Steven Mnuchin argued on Fox News Sunday for a “clean” hike in the debt limit. Mnuchin also pushed a strategy of attaching the debt limit as an amendment to a bill to provide $7.9 billion in temporary relief to victims of Hurricane Harvey.

Paul Ryan, Mitch McConnell

‘Legacy’: 10 Ways Barack Obama Broke the American System

What broke it? Both parties acquiesced in bank liberalization, in open-borders immigration, and in Wall Street bailouts. But the most acute challenge was Barack Obama’s direct attack on the constitutional framework itself. Obama sought to transform America, and believed that the ends would justify the means.

Obama-Grant-Park-2008-12-21-2016 (David Guttenfelder / Associated Press)