What's good (and what's not) about Congress' new debt-ceiling deal

Australia News News

What's good (and what's not) about Congress' new debt-ceiling deal
Australia Latest News,Australia Headlines
  • 📰 MSNBC
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

.MaddowBlog: What's good (and what's not) about Congress' new debt-ceiling deal

to jump through the procedural hoops — even if they wanted to, which they didn't.

The date was not chosen at random: Last week's deal to prevent a government shutdown also moved the funding deadline to Dec. 3. In other words, lawmakers have created an important new challenge — you're going to be seeing a lot of"cliff" references in the coming weeks — that will combine two important and necessary tasks.

The implicit message behind McConnell's debt-ceiling offer was plain:"You don't have time to pay my ransom the way I want it to be paid, so I'm prepared to give you more time to do exactly what I command you to do."First, because it prevents default in 11 days. Second, Democrats were determined to avoid going over the cliff, but the party wasn't yet unified on a solution, and there was limited time to settle on one.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MSNBC /  🏆 469. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coffee: What’s Healthy, What’s NotCoffee: What’s Healthy, What’s NotCoffee lovers, rejoice! ☕ You may be in it for the caffeine, but coffee is full of antioxidants -- one cup has 200-550 milligrams of antioxidants, including chlorogenic acid, a compound that helps your body process fat and sugar.
Read more »

Senate moves toward short-term debt-ceiling agreementSenate moves toward short-term debt-ceiling agreementThe Senate was close Wednesday evening to a short-term deal to raise the debt limit, postponing for a few months a showdown over how to craft a longer-term extension of the nation’s borrowing cap.
Read more »

Justin Bieber Asked Hailey If They Could Start Trying for a Baby at the End of 2021Justin Bieber Asked Hailey If They Could Start Trying for a Baby at the End of 2021Justin's new documentary featured a big, intimate moment in their marriage and hint of what's to come.
Read more »

Schumer: Deal reached to extend debt ceiling until early DecemberSchumer: Deal reached to extend debt ceiling until early DecemberSenate Majority Leader Chuck Schumer has announced Democrats and Republicans have reached a short-term deal to avert the U.S. defaulting on its debt.
Read more »

Schumer announces deal to extend debt ceiling into December, averting defaultSchumer announces deal to extend debt ceiling into December, averting defaultJUST IN: Senate Majority Leader Schumer announces agreement to extend the debt limit through early December, temporarily ending a partisan standoff just 11 days before the government's deadline to avert default.
Read more »



Render Time: 2025-03-23 18:05:12