The Treasury Department has started employing “extraordinary measures,” but the path to raising the debt ceiling is likely to be a long one.
Category: Republican Party
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The U.S. Hit Its Debt Limit. What Happens Next?
The New York Times – Business: -
Months Before a Potential Crisis, Both Parties Kick Off a Fiscal Blame Game
The New York Times – Business:As the Treasury Department begins taking steps to avoid hitting the debt limit, Republicans and Democrats are positioning themselves politically for a drawn-out fight.
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America Set to Hit Its Borrowing Limit Today, Raising Economic Fears
The New York Times – Business:The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.
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GOP in Talks With Networks About Debates, and Even CNN Is Included
The New York Times – Business:Conversations between R.N.C. officials and television executives signal that the contours of the Republican nominating contest are shaping up.
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Disney Prepares for a Board Fight by Nelson Peltz
The New York Times – Business:After months of talks, the activist investor Nelson Peltz is jockeying for a director position at the entertainment giant as he pushes for a series of changes.
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Republicans’ Internecine Conflict Is Mirrored in Conservative Media
The New York Times – Business:National Review has called the House leadership votes “an embarrassing spectacle.” Others have cheered it on.
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Kevin McCarthy’s Business Ties Complicate His Rise to Power
The New York Times – Business:To land the House speaker position, the California Republican will have to win over opponents who question his ties to Silicon Valley and his commitment to right wing causes.
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Biden Caps Two Years of Action on the Economy, With New Challenges Ahead
The New York Times – Business:The president used a slim congressional majority to enact legislation that could reshape the American economy — if his administration can make the laws succeed.