…#FarRight… Republican(s)… reacted to the #indictment by vowing to try to #cut #funding for the #SpecialCounsel #JackSmith while suggesting…opposing other #LawEnforcement #spending measures as well. With #Republicans already pressing for deep #SpendingCuts & #SocialPolicy reqs that have alienated #Democrats, they will likely have only 4 votes in their own party to spare, meaning just a handful of defections could sink the bills.
#HouseRepublicans #PerformativePolitics #Economy #GOP #Economy
#farright #indictment #cut #funding #specialcounsel #jacksmith #lawenforcement #spending #republicans #spendingcuts #socialpolicy #democrats #houserepublicans #performativepolitics #economy #gop
New Signs U.S. Could be Headed Toward Government Shutdown https://politicaliq.com/2023/06/15/new-signs-u-s-could-be-headed-toward-government-shutdown/ #Congress #SpendingCuts #GovernmentShutdown #debtceilingagreemment #McCarthy #FreedomCaucus #HakeemJeffries #politicaliq #news #politics
#congress #spendingcuts #governmentshutdown #debtceilingagreemment #mccarthy #freedomcaucus #hakeemjeffries #politicaliq #News #politics
Biden-McCarthy Debt Ceiling Deal Passes in the House as More Democrats Vote Yes than Republicans https://politicaliq.com/2023/05/31/debt-ceiling-deal-passes-in-the-house/ #DebtCeiling #DebtCeilingAgreemment #Biden #McCarthy #HakeemJeffries #FreedomCaucus #ProgressiveCaucus #Jayapal #AOC #SpendingCuts #politicaliq #news #politics
#debtceiling #debtceilingagreemment #biden #mccarthy #hakeemjeffries #freedomcaucus #progressivecaucus #jayapal #aoc #spendingcuts #politicaliq #News #politics
Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years - Peter Schiff, the chief economist of Europac and best-selling author, has blasted ... - https://news.bitcoin.com/economist-peter-schiff-blasts-debt-ceiling-deal-states-national-debt-might-increase-by-4-trillion-in-the-next-two-years/ #debtincrease #spendingcuts #debtceiling #peterschiff #suspension #economics #debtlimit #chiproy
#chiproy #debtlimit #economics #suspension #peterschiff #debtceiling #spendingcuts #debtincrease
#Biden says he’s offered $1 trillion in #spendingcuts but #GOP won’t budge on #debtlimit
https://ohiocapitaljournal.com/2023/05/22/biden-says-hes-offered-1-trillion-in-spending-cuts-but-gop-wont-budge-on-debt-limit/?eType=EmailBlastContent&eId=504de9f7-5a46-4e00-960f-0ac7368a6e81
#biden #spendingcuts #gop #debtlimit
The #DebtCeiling crisis is running out of time. Janet Yellen has said that the US could run out of money & go #default by June 1 if #Congress does not raise/suspend the debt limit.
I need my friends to WRITE TO YOUR US REPRESENATIVE! Tell them to 1: write a clean bill to raise the debt ceiling (w/o #SpendingCuts), 2: initiate a #DischargePetition to force a vote (this will require both #Democrats & #Republicans).
Find your U.S. Rep by going to
https://www.house.gov/representatives/find-your-representative
#civics #politics #news #republicans #democrats #dischargepetition #spendingcuts #congress #default #debtceiling
43 Senate Republicans vow to oppose debt ceiling increase without spending cuts
https://www.cnn.com/2023/05/06/politics/senate-republicans-debt-ceiling-raise-spending-cuts
#CNN #SenateRepublicans #DebtCeiling #SpendingCuts #USPolitics #EconomicPolicy #Politics #News
#cnn #senaterepublicans #debtceiling #spendingcuts #uspolitics #economicpolicy #politics #news
#US gov could #default “as early as June 1” unless #Congress raises or suspends #DebtCeiling, acc/to #Treasury, which implored #lawmakers again to act to avert a fiscal #crisis.
The new est followed <1wk after #House #Republicans delivered on their pledge to try to leverage the looming deadline to secure #SpendingCuts, touching off a political stalemate that could tip the #economy into #recession.
https://www.washingtonpost.com/business/2023/05/01/congress-debt-limit-deadline-biden-mccarthy/
#us #default #congress #debtceiling #treasury #lawmakers #crisis #house #republicans #spendingcuts #economy #recession
🧵 1/6
House Speaker #KevinMcCarthy stated today that #JoeBiden & Senate Majority Leader #ChuckSchumer were "playing #politics" w/ the "#debtcrisis"...
BUT THAT'S EXACTLY WHAT HE & #REPUBLICANS ARE DOING!!!
The #debtceiling is NOT a time to decide on #spendingcuts! The #Congress ALREADY passed the #FederalBudget & decided how much to fund each program. Now we need to pay.
#McCarthy & #GOP are holding the nation's #economy as hostage to push his agenda to cut social programs.
#news #economy #gop #mccarthy #federalbudget #congress #spendingcuts #debtceiling #republicans #debtcrisis #politics #chuckschumer #joebiden #kevinmccarthy
#Biden Blasts #McCarthy's Debt Plan as "Huge Cuts" to U.S. Programs https://politicaliq.com/2023/04/19/biden-blasts-mccarthys-debt-plan-as-huge-cuts-to-u-s-programs/ #DebtCeiling #SpendingCuts #Budget2023 #politicaliq #news #politics
#biden #mccarthy #debtceiling #spendingcuts #budget2023 #politicaliq #News #politics
Showdown looms, debt awaits
Pitch reveals cultural wars
Cutting spending deep
#oklahoma #debt #culturalwar #spendingcuts #haiku #poetry
https://www.nytimes.com/2023/03/07/us/politics/josh-brecheen-oklahoma-debt.html
#oklahoma #debt #culturalwar #spendingcuts #haiku #poetry
“near-stagnant earnings growth, threadbare public safety nets and the first stall in life expectancy on modern record.” #SpendingCuts #Budget #FailingPublicServices
UK government is hiding £28bn of ‘stealth cuts’ to public services, says report https://www.theguardian.com/business/2023/feb/27/uk-government-is-hiding-28bn-of-stealth-cuts-to-public-services-says-report?CMP=Share_iOSApp_Other
#spendingcuts #budget #failingpublicservices
Elusive
Proposals, risks
Political, cautious, cuts
Debt, restrained, standoff
Limit
#republicans #spendingcuts #debtlimit #fiscalrestraint #cinquain #poetry
https://www.nytimes.com/2023/01/31/us/politics/republicans-spending.html
#poetry #republicans #spendingcuts #debtlimit #fiscalrestraint #cinquain
@msignorile hey let’s cut military spending and put it where it will do some good. #spendingcuts #gop #congressdeadlock
#spendingcuts #gop #congressdeadlock
I mean, why would you want to fund medical research when there’s a pandemic still going on, amiright? #GOP #SpendingCuts
https://news.bloomberglaw.com/pharma-and-life-sciences/house-gop-spending-freeze-would-devastate-medical-research
Next week: Professor James Sefton will give an ESRC-funded Connecting Generations Thought Leader Talk, hosted by the Resolution Foundation.
He'll discuss #private and #public #intergenerational transfers since the #financialcrisis, with Professor Jackie Wahba as panellist.
🎟️Register to join in-person or online: https://www.resolutionfoundation.org/events/wealth-booms-and-debt-burdens/
#economics #economy #debt #wealth #socialscience #economichistory #population #generations #academicmastodon #publicsector #imperialcollege #spendingcuts
#private #public #intergenerational #financialcrisis #economics #economy #debt #wealth #socialscience #economichistory #population #generations #academicmastodon #publicsector #imperialcollege #spendingcuts
The news is full of Government plans for devastating spending cuts
I’ll share some thoughts (from others, much smarter than me) on why it doesn’t have to be this way, but for now, I am remembering this
More than 330,000 excess deaths in Britain can be linked to Tory-led #austerity policies that began in 2010
Never again 💔
#spendingcuts #ukpolitics #austerity