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America is hurtling toward a historic and potentially cataclysmic default — and its best hope for avoiding it may be one of the least popular men in Washington: Senate Minority
Jonathan Bernstein thinks that Congress should raise the debt ceiling without conditions, warning that if it doesn’t, the economic consequences would be dire (“Commentary: Wall Street should tell Kevin McCarthy to extend debt limit,” April 20). On the contrary, constant deficits and ballooning national debt – another $1.4 trillion this year – are more serious […]
The MTV-spawned, 2nd British Invasion saved Gen-X from “listening to our parents’ music,” says DJ and author Lori Majewski.
Age is the president's most significant negative, with its threats of a lack of innovation and diminished energy levels. Experience, however, is a plus – and the balance has clearly been on the good side.
House Speaker Kevin McCarthy went to New York on Monday to seek Wall Street's support for his pursuit of a debt-ceiling deal tied to federal spending cuts. But financial industry pros know that attaching any strings to an increase in the borrowing limit is irresponsible. They should tell the speaker that they would be glad to support many Republican budget priorities later this year -- but first, Republicans should accept an increase in the debt limit, without conditions, because that's the only sure way to avoid the dire consequences of a default.