Month: September 2021

Our $28 Trillion National Debt Is Coming Due

If we don’t stop our runaway national debt, it will require much higher taxes and dramatic cuts in spending. Last September, the Congressional Budget Office (CBO) predicted the federal debt wouldn’t hit $29 trillion until 2028. Just short of a year later, the national debt stands at $28.6 trillion and is set to surpass $29 trillion within […]

Biden pressured Manchin to back $1.9T stimulus deal during last-minute phone call, book says

‘If you don’t come along, you’re really f—ing me,’ Biden reportedly said during the call Democrat Manchin has ‘serious concerns’ about $3.5T spending plan Fox News congressional correspondent Chad Pergram has the details on ‘Fox Business Tonight’ President Biden issued a stark warning to Sen. Joe Manchin, D-W.Va., during a phone call ahead of a critical […]

White House briefs Senate Democrats about debt-ceiling strategy ahead of GOP fight

Biden administration officials are briefing senior Democratic Senate aides about why Congress needs to raise or suspend the federal debt limit. Why it matters: By coordinating its message with Congress, the White House is trying to ensure Democrats stay unified on a simple argument: that 97% of the $28.7 trillion national debt was incurred before President Biden assumed […]