Debt Ceiling

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Secretary Lew Sends Letter to Congress, Asks for Debt Ceiling Raise

This entry was posted in Fiscal Fights and tagged Debt Ceiling Jack Lew US Debt Crisis on March 13, 2015 by Tyler

Secretary Lew is warning that the United States government will soon hit the debt ceiling and is asking Congress to raise the debt limit. During the previous debt ceiling fight, Congress suspended the 1917 law that implemented the debt ceiling. However, the act that suspended the law will expire this […]

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Democratic Leadership Leave All Options on Table

This entry was posted in Congress and tagged Debt Ceiling Harry Reid Nancy Pelosi US Debt Crisis on January 4, 2013 by Tyler

Senate Majority Leader Harry Reid and House Minority Leader Nancy Pelosi are apparently leaving all options open for the debt ceiling. This includes the 14 Amendment, where they would say that the amendment voids a debt ceiling. The 14 amendment says that the validity of the American debt should not […]

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