Page 35 - Borrowing Authority News Today

Trey: welcome back to "sunday night in america". the nation is set to run out of borrowing authority in a couple months. as we discussed last week the debt ceiling has been raised 78 times. in my lifetime alone and it needs to be raised again. kevin mccarthy somehow managed to keep enough frogs in the wheelbarrow to pass an increase in the debt limit while also cutting future spending, the senate says the bill is dead on arrival. joe biden says he wont veto the bill. what exactly is a democrat p...

House Speaker Kevin McCarthy (R-CA) warned that Wall Street should be on edge and vowed to never advance a clean bill to lift the debt ceiling.

A cohort of centrist House Democrats is reportedly in the early stages of hatching a contingency plan to muffle fallout from a debt ceiling negotiation breakdown.

House Speaker Kevin McCarthy (R-CA) panned President Joe Bidens roughly $6.9 trillion budget proposal as "not serious" and warned him not to "play games with the debt ceiling."

Lets get the reaction from washington dc from our north american correspondent anthony zurcher. the point of bidens speech is to make the case for his re—election. he has not announced that running for president yet that any president yet that any president who wants to win re—election needs to come up with some sort of a vision for the future and finishing the job is his way of saying there is more to be done. he needs the republicans in congress to help him enact his legislative agenda and...

Among republicans and what you foresee ahead. how strong can you stand together? >> we have record spending, record inflation, record debt. the democrats say we dont want to change any behavior or do anything. i dont understand it. no common sense there. the white house said we will not negotiate with house republicans. really? how about some simple things like if you increase the borrowing authority, add more debt to the nations bottom line here, why not at least have a budget that you have to ...

“Say it’s $10 billion by July. There is no accountability for that.”

>> the fault appears to be over for now and breached a deal to live the nations debt limit. and the democrats to increase borrowing authority without votes from republicans who refused to approve another hike. granted a $480 billion limit in october but only enough to finance the operations until next week. and china and the accusing u.s. of violating olympic spirit. the biden administration announced a diplomatic boycott of the beijing winter games over human rights concerns. other nations may ...

Building on the sweeping climate and energy goals set forth by the Biden administration, the spotlight turns to transmission development and power grid infrastructure. An array of...

Address this long term. >> kicking the can down the road until december sets up a busy period of the holidays. theyre now going to be funding the government at the same time. its just going to be a lot for you in december. thank you, daniela. all right, before senate minority leader mcconnell blinked, biden was expressing his frustration saying the united states pays its bills. >> our markets are rattled. americas savings are on the line. the american people, your savings, your pocketbook are ...