Remember the Debt Ceiling Crisis? It Might Happen All Over Again.
The Treasury Department on Wednesday pressed Congress to ramp up efforts to boost or suspend the federal debt limit, warning that the department is uncertain whether it could prevent the federal government from running out of cash.
The Treasury Department on Wednesday pressed Congress to ramp up efforts to boost or suspend the federal debt limit, warning that the department is uncertain whether it could prevent the federal government from running out of cash.
“If Congress has not acted by July 31, Treasury, as it has in the past, may take certain extraordinary measures to continue to finance the government on a temporary basis,” Brian Smith, Treasury’s deputy assistant secretary for federal finance, said. “In light of the substantial Covid-related uncertainty about receipts and outlays in the coming months, it is very difficult to predict how long extraordinary measures might last.”
The Democrats and Doublespeak
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Northeast Ohio Congress members seek big money for local projects through earmarks Sabrina Eaton, cleveland.com © Gus Chan/The Plain Dealer The new west tower at the Summa Health System s Akron Campus was part of Phase 1 of the system s master facility plan. The system announced plans for Phase 2 on Wednesday. (Gus Chan / The Plain Dealer) The Plain Dealer
WASHINGTON, D.C. - Earmarks are back, and Northeast Ohio members of Congress want to use them to fund everything from local sewer improvements to police communication centers to a park.
The earmarking process lets members of Congress seek money for specific projects in yearly funding bills. Earmark advocates say Congress members are more familiar with deserving local projects than bureaucrats at federal agencies who would otherwise allot federal dollars. Critics argue earmarks enable corruption, as in the case of former California GOP Rep. Randy “Duke” Cunningham, who took payoffs in exchange for direct
ANALYSIS/OPINION:
No president in American history has plundered the nation’s treasury as efficiently as Joe Biden is intent on doing. It is as if he is reliving the 1960s, when the TV game show “Supermarket Sweep” featured contestants racing the clock to load their shopping cart as many goodies as time permitted. Even after his tenure in office expires, President Biden‘s extravagance will continue costing Americans dearly for generations to come.
On Wednesday before a joint session of Congress, Mr. Biden touted his success at firing up the U.S. economy by burning trillions of dollars: “After just 100 days, I can report to the nation: America is on the move again.” Americans can only hope “the move” does not mean relocating beneath a bridge.
Meanwhile, the phrase “very Catholic” trended Thursday on social media as conservatives balked at a Washington Post article describing Mr. Biden as “very Catholic” while describing U.S. bishops who oppose his abortion policies as “right-wing.”
“Supporting the killing of unborn children makes you ‘very Catholic’ to the Jeff Bezos propaganda outlet while supporting the consistent Catholic teaching on it makes you a ‘right-wing’ Catholic. Clown clown clown show over there,” tweeted Federalist senior editor Mollie Hemingway.
Mr. Bruch said that the “mainstream media fawning over Biden’s faith is an embarrassment and reveals in many ways their transparent effort to redefine a 2000-year-old institution that has stared down far bigger adversaries than Twitter pundits or The Washington Post.”
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