America’s gross national debt surpassed $33 trillion for the first time in U.S. history on Monday as Washington, D.C., faces a potential government shutdown over federal spending.
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Tag Archives: Government Spending
House Freedom Caucus Opposes Govt Spending At Current Levels
The House Freedom Caucus and conservative groups held a press conference Tuesday opposing any deal to continue government spending at current levels, hours before the House reconvened after a week-long recess to tackle the task of keeping the government open past September 30.
Read More: Breitbart
Tentative Deal on Debt Ceiling Reached Between Biden And Republican Lawmakers
On Saturday evening, just days before a potential default, a tentative agreement has been reached between President Joe Biden and House Speaker Kevin McCarthy (R-CA) on the debt ceiling.
“It has historic reductions in spending, consequential reforms that will lift people out of poverty into the workforce, [and] rein in government overreach. There are no new taxes, no new government programs…”
Read More: Daily Wire