Congress To Raise the Debt Ceiling Eventually

Congress To Raise the Debt Ceiling Eventually

Thursday, US Senate Majority Leader McConnell (R-KY) said that Congress will raise the nation’s debt ceiling, as the United States will never be allowed to default on its debts, adding that reaching a deal between President Trump and House Speaker Nancy Pelosi (D-CA) would be the best option to prevent chaos and the potential of […]

Democratic Lawmakers Align with President Trump on Key Issues

Democratic Lawmakers Align with President Trump on Key Issues

Democratic Lawmakers Align with President Trump on Key Issues President Donald Trump and Democrats align on adding a 3-month extension of the US debt limit and government spending to a hurricane-relief bill over the arguments of fellow Republicans, who pressed for a longer debt extension. Wednesday, President Trump, after meeting with Congressional leaders at the […]

US to Keep Aaa-Rating After Debt Ceiling Hike of Cap

US to Keep Aaa-Rating After Debt Ceiling Hike of Cap

US to Keep Aaa-Rating After Debt Ceiling Hike or Cap $MCO Moody’s Investors Services (NYSE:MCO) said Monday the US will retain the rating agency’s top-notch debt rating as long as it meets its interest payments even if the government’s borrowing cap is reinstated Thursday. In November 2015, federal lawmakers suspended the federal debt ceiling, which […]