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Tag: Debt ceiling

Conservative Republicans are Demanding Substantial Budget Reforms

Posted on January 14, 2023January 14, 2023 by DT

One of the most significant reforms in House rules achieved by conservative Republicans (known as Never Kevins) last week was the promise that Republicans would not raise the debt ceiling until substantial budget reforms and spending cuts were achieved.

 What Did McCarthy Promise The Never Kevins?

Posted on January 8, 2023January 8, 2023 by DT

After 15 rounds of voting, the longest House speaker contest in 164 years, Kevin McCarthy has finally won the speakership of the House of Representatives. After a long, tumultuous, and occasionally violent journey, McCarthy became House speaker on Friday night, convening the 118th Congress.

Yellen Calls for the Nation’s Debt Limit to Be Raised

Posted on November 12, 2022November 12, 2022 by DT

Treasury Secretary Janet L. Yellen urged Congress to raise the nation’s statutory debt limit to a level that would not be reached until after the 2024 election, thereby neutralizing the ability of Republicans to prevent the U.S. from paying its bills to gain Democratic concessions.

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