Rise to the Moment of Truth Tuesday, June 25, 2024

Tag: DEBT LIMIT

Palmer on Rick and Bubba Alabama News
'This is far better than a clean debt limit bill' — Palmer says Fiscal Responsibility Act not a 'massive loss' for GOP despite 'no' vote

U.S. Rep. Gary Palmer (R-Hoover) was one of three of Alabama’s congressional delegation to vote against raising the national debt limit, but he said the bill was not all bad for Republicans.

I Stock 1488479431 Alabama News
U.S. House votes to raise debt ceiling; Alabama congressional delegation split with four 'yes' votes, three 'no' votes

On Wednesday, 149 U.S. House Republicans joined 165 House Democrats in voting 314-117 to the Fiscal Responsibility Act to raise the national debt ceiling for two years and avoid a default on money borrowed.

IOU Alabama News
Justin Bogie: U.S. debt limit crisis appears diverted, but will fundamental problems be addressed?

The proposed debt limit agreement will not solve the fundamental spending and debt issues that the U.S. government faces. Rather, it merely delays those decisions until after the 2024 presidential election.