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Then on Thursday night, the House failed to pass a revamped plan that included Trump's explosive demand that the debt limit be extended. Government shutdown updates: Biden signs funding bill ...
Biden's administration posted notices to withdraw its broader student-loan-forgiveness plans. Amid lawsuits, the Education Department wrote that it stands by the legality of its debt-relief plans.
Bill passed after senators rejected 11 proposed amendments
Unlike in 1946, today's debt is only going to grow. Indeed, debt-to-GDP took a nearly 30-year dive to reach 23 percent in 1974. Today, federal debt is projected—again, under the rosiest ...
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Biden did not detail much progress in the talks, but said he remained hopeful that an agreement could be reached with Republicans to avoid what would be an unprecedented debt default, which could ...
Watch live as Joe Biden provides an update on his administration’s plans to cancel $9bn of student debt. In an update posted on the briefing room section of the White House’s website, the ...
The 14th Amendment says the debt of the United States shall not be questioned; a default questions the debt big time, and so is unconstitutional. — Sheldon Whitehouse (@SenWhitehouse) May 17, 2023