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Likes: U.S. Could Run Out of Cash by June 1, Yellen Warns
Janet Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its bills.
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U.S. Could Run Out of Cash by June 1, Yellen Warns
Janet Yellen, the Treasury secretary, called on Congress to raise or suspend the debt limit so the United States could continue paying its bills.
America is not a deadbeat nation," Biden said during that event in Washington, using the term associated with parents who fail to pay child support. "We have never ever failed to meet the debt. And as a result, one of the most respected nations of the world, we pay our bills and we should do so without reckless hostage taking from some of the MAGA Republicans in Congress."
House Republicans are refusing to raise the debt ceiling, which is basically just paying for bills they and the Trump White House largely racked up, unless Democrats and the Biden White House agree to deep cuts to our future budget.
America is not a deadbeat nation," Biden said during that event in Washington, using the term associated with parents who fail to pay child support.
Look at your son Biden . Is he a dead beat not wanting to pay what is a court ordered child support .
... this attempt at defelection has nothing to do with the very serious consequences facing the USA and the global economy should the USA fail to increase the debt ceiling.Originally Posted by BBM
They are the ones that made the statement . Again CONGRESS PASSED a debit limit increase . Biden administration was the one saying no negotiating . Finally they do agree with a sit down and talk . After this talk you watch the administration will give its talking points to the friendly media who will do the democrats scare tactics . BUT AT LEAST THEY ARE TALKING
A far better idea would be to reduce spending, in particular foreign aid (especially to countries that don't like us much, giving them money won't change that). Also, research Cloward-Piven, it is happening in real time and most are too blind to see (or on board with it and ashamed to admit that).
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