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Showing results for raising the debt limit show poor management
May 16, 2023 · In 2011, Standard & Poor's lowered the long-term U.S. credit rating to AA+ because the fiscal consolidation plan negotiated between the ...
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May 17, 2023 · That year, Standard & Poor's downgraded the credit rating of the United States from AAA to AA+, citing in part the "political brinkmanship ...
Sep 8, 2021 · “Playing politics with the debt ceiling is always a bad idea,” said Isaac Boltansky, director of policy research at Compass Point Research & ...
Mar 1, 2023 · ... Poor's before a deal was signed in 2011, just days before default. Exhibit 1: Market Volatility was Extreme but Short-Lived in 2011. Today's ...
Sep 5, 2017 · Surveys show the American public thinks a hard ceiling on the debt is a good idea because government debt sounds bad. Raising the debt limit is ...
May 28, 2023 · The rich won't be hurt a bit by the Biden/McCarthy debt ceiling deal. It's the poor who will pay. That was Republicans' priority all along.
Apr 18, 2023 · refuse to pay, giving a speech about how debt is bad and your family must cut spending, even though defaulting on your mortgage will ruin ...
Jul 21, 2023 · ... rising debt. Because the truth is that our current debt ceiling status quo, while hardly guaranteeing a default, really is quite bad. We ...
Jan 27, 2023 · The standoff led Standard & Poor's to downgrade the United States' credit rating. Then in 2012, the Treasury Department had to take ...
Sep 24, 2021 · The task keeps coming back like a bad penny: Congress soon must raise the debt ceiling again. It will be almost the 100th time it has done so.