Tag #Debt Ceiling

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Musk Threatens New Party Over GOP Spending Bill

Elon Musk criticized the Republican Party's $5 trillion spending bill, calling it a "disgusting abomination" and threatening to create a new "America Party" if it passes, citing his previous work to cut government spending as a special government employee heading the Department of Government Efficie...

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Rand Paul's Conditional Support for Trump's "One Big Beautiful Bill"

Senator Rand Paul stated he might vote for President Trump's "One Big Beautiful Bill" if the $5 trillion debt ceiling increase is voted on separately in three-month increments and further spending cuts are added; Paul previously opposed the bill due to insufficient spending cuts and the large debt c...

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Paul Opposes "One Big Beautiful Bill" Over $5 Trillion Debt Ceiling Increase

Senator Rand Paul opposes the "One Big Beautiful Bill Act" due to a $5 trillion debt ceiling increase, despite discussions with President Trump; he argues it contradicts conservative principles and will worsen the projected $2.2 trillion deficit.

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Paul Opposes Trump's Spending Bill Over Debt Ceiling Increase

Senator Rand Paul opposes President Trump's proposed $4 trillion bill due to its high cost and proposed debt ceiling increase, creating a potential rift among Republicans as the Senate prepares to vote this week. Treasury Secretary Scott Bessent defends the bill, stating that a US default is impossi...

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Johnson, Paul Clash Over Trump's Budget: Debt Ceiling at Center of Dispute

House Speaker Mike Johnson and Senator Rand Paul publicly disagreed over President Trump's proposed budget, specifically the spending cuts and debt ceiling increase, with Johnson supporting the bill as necessary to prevent an economic crisis and Paul criticizing it for insufficient cuts and proposin...

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House Passes "One Big, Beautiful Bill" with Tax Cuts, Medicaid Changes, and Increased Border Security

The House narrowly passed the "one big, beautiful bill," extending the 2017 tax cuts, imposing stricter Medicaid eligibility requirements, increasing border security funding by \$62.6 billion, creating \$1,000 "Trump accounts" for children, and raising the debt ceiling by \$4 trillion.

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House Republicans Question July 4th Deadline for Trump's Bill

House Republicans are expressing concerns about meeting President Trump's July 4th deadline for his proposed bill, prioritizing accuracy over speed, as several representatives voiced reservations, emphasizing the need for a well-crafted bill over adhering strictly to the deadline, while the Senate i...

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Republicans' Debt Ceiling Gamble: No Plan B to Avert Default

Facing a mid-July (potentially extending to September) deadline to raise the debt ceiling by $4-5 trillion, Senate Republicans have declared "no Plan B" to avoid a catastrophic default if their comprehensive "One Big Beautiful Bill Act" fails, jeopardizing the U.S. and global economy.

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Trump Criticizes Paul Over "Big, Beautiful Bill" Debt Concerns

President Trump publicly criticized Senator Rand Paul for opposing his "big, beautiful bill," a sweeping tax and spending package projected to increase the national debt by $5 trillion, despite Paul expressing support for most of the bill's provisions. Other Republican senators also expressed concer...

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Paul Opposes $320 Billion Border Bill, Citing Excessive Debt Increase

Senator Rand Paul opposes the House-passed $320 billion border and tax bill, citing $5 trillion in increased debt over two years and inflated border wall costs as evidence, and he claims to have four Republican senators who will join him in opposing it.

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Senate Republicans Face Divisions Over Trump's Tax and Immigration Bill

The House narrowly passed President Trump's tax and immigration bill, but its future in the Senate is uncertain due to Republican divisions over spending cuts, Medicaid changes, and the bill's overall cost. The Senate must address these concerns before the July 4th deadline to avoid a potential debt...

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House Passes Sweeping Tax and Spending Bill

The House of Representatives narrowly passed a bill with extended tax cuts, increased Medicaid requirements, and a higher debt ceiling, sending it to the Senate for further consideration.

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Showing 1 to 12 of 101 results