The debt ceiling is the maximum amount the U.S. government can spend to pay its existing obligations, including Social Security and military salaries.A vote to spend more money. Without a higher ceiling, the government would have to default on bills already incurred thatCongress is expected to hit the ceiling Thursday , Yellen said in her letter. Despite the deadline, the Treasury Department can take"extraordinary measures" to keep paying its debt for several more months.
"We've got a Republican House, a Democratic Senate. You've got the president there," McCarthy told Capitol Hill reporters Tuesday."I think it's arrogance to say: 'Oh, we're not going to negotiate about anything, especially when it comes to funding. If anyone had a child and their credit card kept hitting the limit, you'd want to change the behavior.
"This is not a plan. It is a recipe for economic catastrophe," Jean-Pierre said."This is the duty of Congress. This is something that is their basic duty to deal with the debt ceiling … It should not be used as a political football," she added. "Shouldn't we have an honest conversation about how to start living within our means, how to make sure we're not spending money that we don't have before that comes up?" Scalise said.
The Republicans will change the debt ceiling and not let anybody know about it they’re always up to something the main thing we have to stop is adding riders to bills if I bill can’t pass on Stone
This is an infuriating example of why many Americans don’t have a clue! Said ‘lawmakers’ are GOP RW extremists funded by moneyed interests -all willing to destroy the country for power & grift. MSM journalists - plz do your job & tell the truth before it’s too late!
defaulting $31,381 trillions