House speaker drama sparks fears of 2011-style debt ceiling crisis -- or something worse | CNN Business

There is a growing sense in Washington and on Wall Street that chaos won’t just be the opening act of the 118th Congress. It might be the whole play. The historic dysfunction surrounding the election of House Speaker Kevin McCarthy is raising concern of a debt ceiling crisis this summer or fall that threatens the world economy.

Goldman Sachs estimates the debt ceiling won’t limit the Treasury Department’s ability to finance the deficit until August at the earliest and the deadline could come as late as October. The precise deadline depends on the size of the budget deficit before then. Warnings of debt ceiling trouble are nothing new. Investors may be quick to dismiss this threat as a political sideshow.

Are you smoking something? This is a baseless assertion with literally zero support.

Hmm! Dysfunction or Democracy? It's not Nancy Land where no one is allowed to speak or disagree.

Negotiations between those not of a hive mind is now 'historic dysfunction'.

Govern by crisis is what they do.

sorry Democrats, the USA tax dollar is not a blank checkbook, not is the USA future. BALANCEtheBUDGET, trim the fat, NO MORE PORK, just as us broke pheasants have to.

LOL

Lol that's how it's supposed to work. No wonder your ratings are so low.

Stop fear mongering you liberal twits.

Ok thanks for your input CNN but remember you have 0 credibility

Any tactic that halts or slows our debt-driven economic collapse is justified. Yes, cold water in the face is unpleasant. It ruins the party. But our house is on fire! Do you understand ?

You dolts are aware that our currency is already in shambles and instead of pointing out the disaster of spending money like they have been, and printing it out of thin air, you instead focus negative press on people wanting that to stop.

Is CNN talking to its 100 viewers?

Report the news, stop trying to make news.

Well, the GOP are full of a lot more reckless, and crazy, members today than in 2011. So that’s definitely reason to be concerned.

🤣🤣start blaming Republicans now for 2023. 🤣🤣

If GQP gets its way we are all screwed forever!

And you people think the House has anything to do with an economy that’s bee flopping for a year now? Biden ruined the economy the second he started handing $ out and inflation followed him and only him. The economy is 100% heading to depression and it’s caused by Biden only. 🤡

Stop wasting money

Funny I don’t recall CNN reporting this much on The House of Representatives in years.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Bernard Kalb, founding CNN 'Reliable Sources' anchor, dies at 100 | CNN BusinessBernard Kalb, the long-time journalist and founding anchor of CNN’s “Reliable Sources” program, died on Sunday at his home in North Bethesda, Maryland, his family said. He was 100. RIP This might be the most honest post has posted in quite some time. CONGRATULATIONS! For posting an obituary. Power of Banana shares our deepest condolences. May he have access to an abundance of bananas in heaven
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

True hot dog fanatics can apply to be an Oscar Mayer Wienermobile driver | CNN BusinessThere are a total of 12 Wienermobile driver positions available for 2023, according to Oscar Mayer -- and the competition is fierce. Choke HassanFirouzi is in prison. He is asking to see his daughter before his death. He says: We had this child after 10 years and I have seen her only for 18 days. he has been tortured, the government waits for him to get better and then they'll EXECUTE him. Be his voice. MahsaAmini
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

LinkedIn is having a moment thanks to a wave of layoffs | CNN BusinessIn a normal year at this time, a typical LinkedIn feed might be full of posts about year-end reflections on leadership and professional goals and suggested lifehacks for the year ahead — possibly with a few posts from CMOs offering tips on brand strategy, for good measure. txtdrlinkediin 😉 'Mixed results' 🤣🤣🤣🤣 Once anyone registers onto Social Media platforms, the freedom to your identity is over...
مصدر: cnni - 🏆 326. / 59 اقرأ أكثر »

Emmanuel Macron presses ahead with pension reform as French discontent swells | CNN BusinessFrench President Emmanuel Macron's government will attempt to revive his economic reform drive and score a major political victory this week with a launch of the pension system's overhaul in the face of vehement trade union opposition. Smart Guy 🤡 ANOTHER undercover CBDC AGENDA 😍👍👏🙋SNN
مصدر: cnni - 🏆 326. / 59 اقرأ أكثر »

Has inflation finally peaked? | CNN BusinessIt may be a new year. But for investors, consumers and the Federal Reserve, inflation remains a major economic concern, just as it was in 2022. Wouldn’t have happened if we handled the plandemic differently. Ugghhgggggggd you aint seen nothing yet. Financial signs show headed to 2008, 1992 market crash and worse. ASAP Cut government spending, open energy. CCP wants yuan as world currency. Soros, 92, is in high gear. His WOKEs are stirring up division and crime. USA needs media to tell the truth
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »