If House Speaker Kevin McCarthy, a Republican from California, were to reach a compromise with Democrats, far-right members of his own party could either block a vote or remove him as speaker.
McCarthy was forced to bow to many of those Republicans’ demands in order to secure the speakership on 15 ballots — the longest contest since before the Civil War. “McCarthy's concessions to the far right in that process will leave him as the weakest speaker in generations and likely lead to the most dangerous game of budget brinkmanship in Washington since 2011,” Ritz wrote. “Leaders across both parties must work quickly to avoid an unprecedented debt default disaster.”
Ideally, policymakers avoid an impasse by negotiating to raise or reform the federal debt limit, and separately enact a sound bipartisan plan to get the nation’s debt under control.
NFLPlayoffs
Cut every Federal Government Agency in half.
Send the illegals back
WARRRRRRRRRRRRRRRR 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️⚰️
Shut it all down
Print money
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The U.S. hit the debt ceiling — here's what that means for your moneyThe U.S. could default on its debts if Congress fails to raise the debt ceiling by June. Long-term investors needn't worry too much, though. MakeIt 🤡 MakeIt What it means is you should own physical gold/silver MakeIt Yawn, and the sky is not falling.
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US Treasury buys time for Biden and GOP on debt limit dealThe government can temporarily rely on accounting tweaks to stay open, meaning that any threats to the economy are several months away.
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