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PublishedJune 4, 2023
Jim Fossel: No leadership in debt ceiling deal
Rather than truly addressing the nation’s fiscal woes, both sides were more than happy to walk away with a symbolic victory.
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PublishedJune 3, 2023
Debt deal imposes new work requirements for food aid and that frustrates many Democrats
In the end, Democrats warily accepted new requirements for some able-bodied recipients in exchange for food aid. Republicans agreed to drop some work requirements for veterans, homeless people, and others.
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PublishedJune 3, 2023
Biden signs debt ceiling bill that pulls U.S. back from brink of unprecedented default
The bipartisan measure, passed by the House Wednesday and the Senate Thursday, averts the potential of an unprecedented government default that would have rocked the U.S. and global economies.
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PublishedJune 2, 2023
Biden celebrates a ‘crisis averted’ in Oval Office address on bipartisan debt ceiling deal
In both chambers, more Democrats backed the legislation than Republicans, but both parties were critical to its passage.
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PublishedJune 1, 2023
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden
President Biden said he would sign the bill into law as soon as possible. "This bipartisan agreement is a big win for our economy and the American people,” the president said.
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PublishedJune 1, 2023
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.
The budget deal was being debated Thursday in the Senate, where lawmakers are working to meet a Monday deadline before the U.S. risks a devastating default.
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PublishedMay 31, 2023
Changes to food aid in debt bill would cost money, far from savings Republicans envisioned
An estimate from the Congressional Budget Office says that while the new work requirements in SNAP would save money, the added benefits pushed by Democrats would cost more – and add almost 80,000 people to the rolls in an average month.
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PublishedMay 31, 2023
Maine Voices: Don’t fall for current MAGA hysteria over the national debt
No other nation has as reliably paid its debts as the United States, and the U.S. has more than enough income to support its debt.
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PublishedMay 30, 2023
Debt limit deal is in place, but budget deficit is still a multi-decade challenge for U.S. government
Social Security, Medicare and Medicaid consume an ever-growing share of federal spending and will continue to grow in coming years.
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PublishedMay 30, 2023
Here’s what’s in, what’s out of the debt limit bill to avert U.S. default
The details of the deal between President Biden and House Speaker Kevin McCarthy are out.
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