#credit default

[gwydionmisha]

Trump urges GOP to let catastrophic debt default happen if Dems don't accept cuts

Trump, the leading Republican presidential candidate, said Republicans should let the U.S. default on its debt if Democrats don't budge on spending cuts.

How much to Republicans hate America?  Enough to destroy the economy foer the pleasure of doing extreme harm to 99% of Americans for the benefit of millionaires and to pwn the libs.

[gwydionmisha]

Biden signs debt limit bill, avoiding U.S. default

President Joe Biden on Saturday signed a bill that suspends the U.S. government's $31.4 trillion debt ceiling, averting what would have been

[gwydionmisha]

Yellen warns of U.S. default risk by early June, urges debt limit hike

Hitting the limit would force the U.S. Treasury to take "extraordinary measures" to prevent a default, Yellen says.

Republicans continue to insist crashing the world economy and permanently ruining the US government’s credit is a small price to pay for stealing medicare and social security from people who paid into it their whole lives.  After all that’s the promise they ran on so holding the world economy hostage to force Democrats to meet there unreasonable demands is completely justified.

[gwydionmisha]

Biden signs bipartisan debt ceiling bill to avert government default

The Treasury Department had warned the government could go into default as early as Monday.

[gwydionmisha]

[gwydionmisha]

McCarthy's Dangerous Debt Ceiling Game

As the deadline for raising the national debt ceiling nears, Republicans are playing a dangerous game of chicken. Jonathan Capehart breaks down what is at stake and how dangerous the outcome could be.

[gwydionmisha]

Deputy Treasury Sec. Adeyemo "Default would be catastrophic for the United States"

As the potential June 1 deadline looms for raising the debt ceiling, Deputy Secretary of the Treasury Wally Adeyemo joins Jonathan Capehart to drill down on the details of a possible default.

[gwydionmisha]

House Democrats maneuver to force a debt-ceiling vote as default looms

The use of a so-called "discharge petition" is cumbersome, time-consuming and rarely successful. But Democrats are getting the ball rolling.