U.S. President Biden signed the Fiscal Responsibility Act on June 2, 2023, officially ending the debt crisis – for now. The act agrees to restrict spending on civilian duties in exchange for a suspension of the debt ceiling. However, the act's credibility is undermined by its failure to ...
When thousands of skilled nurses, who came in on temporary work permits, now face deportation in the midst of a looming national health care crisis, the family- first criteria seems truly perverse. As a beginning to immigration reform, kinship immigration should be limited to immediate family ...
The “Crisis of Capitalism” Is a Lack of Capitalism February 23, 2012 The Gold Standard and the Myth of Money Growth February 16, 2012 The Warren-Pearson Index February 12, 2012 The Debt Supercycle: First Look February 9, 2012 What Is the Best Kind of Gold Standard System? Februar...
Stocks jumped after Monday's historic plunge produced the worst day of losses since the financial crisis in 2008. Mar 10, 2020 Dow Sinks Almost 800 Points Despite Surprise Fed Interest Rate Cut To Counter Coronavirus Investors seem unimpressed with the Federal Reserve's largest interest rate ...
8:36a Hopes are high that home builders will fix America’s housing crisis. But the data tell a different story. 8:29a Opinion Trump is a ‘wild card’ for the stock market, this trader says. He’s buckling up. 8:25a Tesla’s stock is surging ahead of Trump’s inauguration. What...
Its park system, its highways, the airports that it started…all mark New York’s government as active… Yet its eyes were firmly fixed on economic growth as the necessary prerequisite to a generous interest in the health and welfare of its needier residents. …the plan of 1811…was very ...
For the record, I rather doubt GOP leaders will be willing to push a debt-ceiling crisis so soon after the last one. In fact, as you'll recall, Republicansall but admitteda couple of months ago that they were bluffing and weren't actually going to allow the nation to default, and it...
(by) Congress until Jan 20,” he wrote. That would create a government shutdown that would last for weeks, saddle the president-elect with a massive crisis as soon as he takes office and cause considerable economic damage. And the Republican House majority will be even smaller to start ...
Never let a crisis go to waste. A sense of crisis is your best friend in getting people to agree to tackle this triangle, along with the enabling tool of technology and the biggest headroom is geopolitics and fractionizing of the global order. That’s why I believe in digital for us....
While that crisis was ultimately averted, the nation at the time was close to reaching the so-called "X date," the fiscal limit when the U.S. would run out of money to pay its bills unless Congress raised or suspended the nation's debt ceiling. If the U.S. had crossed that point,...