US Treasury Secretary Janet Yellen warns of potential debt limit crisis, signaling urgency for Congressional action to prevent economic fallout
#YonhapInfomax #DebtLimit #JanetYellen #USTreasury #FiscalCrisis #CongressionalAction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62608
Yellen - 'Special Debt Limit Measures May Be Exhausted by August'

US Treasury Secretary Janet Yellen warns of potential debt limit crisis, signaling urgency for Congressional action to prevent economic fallout

Yonhap Infomax
US Treasury - 'Q2 Borrowing Estimate $53 Billion Lower Excluding Debt Limit Impact'

US Treasury revises Q2 borrowing estimate downward by $53 billion, citing factors beyond debt ceiling concerns

Yonhap Infomax
Donald Trump sent our economy into chaos, and now he's golfing

Donald Trump sent our economy into chaos, and now he's golfingTrump has thrown our economy into chaos. And what’s he doing about it? He’s at the golf course in Florida.And what are Senate Republicans doing? They’re setting in motion their plan for a giant tax giveaway for billionaires at everyone else’s expense.The Great Betrayal in action.

FOGOLF - FOLLOW GOLF

Top Republicans are rallying around a crucial financial strategy: raising the **debt limit**! With projections warning of a potential **debt limit crisis** as soon as **August or September**, GOP leaders are strategizing to avert economic turmoil. They recognize the stakes involved for the federal budget and the economy. For deeper insights, check the full article. Kudos to the writer for elucidating this pressing issue. #DebtLimit #Republicans #USFinance

[Source](https://www.politico.com/live-updates/2025/03/26/congress/us-likely-to-reach-debt-limit-x-date-in-august-or-september-congress-scorekeeper-predicts-00250525)

German parliament approves major spending package for defense and infrastructure, signaling shift in fiscal policy amid geopolitical tensions
#YonhapInfomax #GermanParliament #DefenseSpending #InfrastructureInvestment #DebtLimit #FiscalPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=54615
German Lower House Passes Defense and Infrastructure Spending Package, Easing Debt Limit

German parliament approves major spending package for defense and infrastructure, signaling shift in fiscal policy amid geopolitical tensions

Yonhap Infomax
EU to profit from German infrastructure spending plans – analysts

Clean Energy Wire
US Treasury cash reserves hit 17-month low due to debt limit constraints, disrupting Fed's quantitative tightening efforts and potentially leading to rapid liquidity changes once resolved.
#YonhapInfomax #USTreasury #DebtLimit #QuantitativeTightening #FederalReserve #LiquidityManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52560
US Government Cash Dwindles to 17-Month Low Amid Debt Limit Constraints

US Treasury cash reserves hit 17-month low due to debt limit constraints, disrupting Fed's quantitative tightening efforts and potentially leading to rapid liquidity changes once resolved.

Yonhap Infomax

This is exactly what congressional Democrats should be shouting as they vote against any budget reconciliation or any attempt to lift or suspend the debt ceiling - "not a man, and not a penny for this Administration!"

https://www.marxists.org/archive/liebknecht-w/revolt/11-not-one-penny.html

#budget #DebtLimit #Trump #default #democrats #congress #marx

Not a Man and Not a Penny for this System!

Not a Man and Not a Penny for this System! (Wilhelm Liebknecht)

"(Bloomberg) -- House #Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion #DebtLimit, offering a plan that risks rankling quarreling factions in the party....The budget would allow Congress’s tax-writing committees to increase the deficit by $4.5 trillion to accommodate tax cuts and calls for $2 trillion in cuts to mandatory spending such as Medicaid and farm subsidies."

https://finance.yahoo.com/news/house-gop-takes-first-step-151725015.html

House GOP Takes First Step Toward Tax Cuts, Debt Limit Increase

(Bloomberg) -- House Republican leaders took the first step Wednesday toward enacting trillions of dollars in tax cuts and raising the nation’s $36 trillion ...

Yahoo Finance

About asylum-seekers at #gitmo

“It’s a form of saber rattling because to actually get people there, to actually have people holding them, to actually have #infrastructure to support them — water, electricity, hospitals, food — would just be unbelievably expensive.

On the #alqaeda side, it costs like $1M a person/day…
To hold someone at #guantanamo.
It’s the most expensive #prison camp in the world.”

No savings here #elon
#fiscalresponsibility #DebtLimit #deportation
https://apple.news/Az7ElfP6cT_elKupKAyNCOA

‘Frankly Insane’: Trump’s Plan to Ship Migrants to Guantanamo Could Quickly Collapse — POLITICO

A reality check from a top lawyer who knows Guantanamo.