SCOTUS to hear cases on Biden's student debt-relief plan, Title 42, social media liability
Editor's note: This story was removed from the site because significant portions did not meet our standards for original content.
Recommended Stories
The Fiscal TimesRepublicans Considering a Short-Term Debt Limit Suspension: Report
House Republicans are reportedly considering one or more short-term suspensions of the debt limit — not just to defuse the threat of a potentially catastrophic default but to maximize their leverage as they try to force Democrats to engage in negotiations on spending cuts. Roll Call’s Paul M. Krawzak reported Wednesday evening that House Republicans are “mulling” buying some more time in the debt limit clash, potentially matching up the deadline for an increase in the borrowing cap with the end
- The Hill
Kennedy on GOP wanting to cut Social Security: ‘Not even George Santos would make up a whopper like that’
Sen. John Kennedy (R-La.) said the GOP will not push to cut Social Security, while taking a shot at embattled Rep. George Santos (R-N.Y.), as members of Congress work to try to reach a deal to raise the federal government’s debt ceiling. “Not even George Santos would make up a whopper like that,” Kennedy told…
- Simply Wall St.
Does Ford Motor (NYSE:F) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- The Hill
Scott pushes plan to prioritize certain payments if debt limit bill stalls
Sen. Rick Scott (R-Fla.) circulated a letter to Senate colleagues Thursday urging them to back his plan to ensure the federal government does not default on interest payments or payments to Social Security beneficiaries if Congress fails to raise the debt limit before the Treasury Department runs out of borrowing authority. Scott’s bill, which…
- The Des Moines Register
Opinion: Forgiving student debt sends wrong message; these borrowers are not the neediest
Opinion: It's wrong to excuse high-income Americans from their obligations while leaving people in need without relief, writes John Kearney.
- Bloomberg
Republican Senators Warn Biden They Won’t Back ‘Clean’ Debt-Limit Hike
(Bloomberg) -- A group of two dozen Republican senators warned President Joe Biden that they won’t support a debt ceiling increase without “structural” changes to US spending, a shot across the bow as the parties stake out their positions.Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedAmericans Fall Behind on Car Pay
- MarketWatch
An absurd issue demands an absurd solution: Let’s mint a bazillion-dollar coin to bring the curtain down forever on the Republicans’ farcical debt-ceiling theater
Republicans don't want fiscal responsibility; they want to destroy the government's ability to improve the lives of American citizens
- Los Angeles Times Opinion
Editorial: If Kevin McCarthy is serious about protecting the economy, he'd raise the debt ceiling
Republicans are holding the economy hostage with debt limit fight. Biden should be willing to work with House GOP, but not at the expense of the nation's economic health.
- GOBankingRates
Student Loan Updates 2023: Everything To Know in January if You Have Debt
The future of student loan debt for millions of Americans hangs in limbo. The Supreme Court will hear arguments in February to decide whether the Biden administration went beyond its authority with...
- GOBankingRates
LaBeouf, Lohan and 16 Other Celebrities Who Lost It All
We're obsessed with celebrity gossip -- watching stars react to internet trolls, scrolling through "most hated celebrities" lists, wondering to ourselves, "Why do people hate Nickelback?" But our...
- Bloomberg
House GOP Leaders Consider Extending Debt Limit to Sept. 30
(Bloomberg) -- In spite of all the tough talk in Washington around the debt ceiling, there are signs that the can will be kicked further down the road.Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedHindenburg vs Adani: The Short Seller Taking On Asia’s Richest PersonPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarNYSE Mayhem Traced to a Staffer Who Left a Backup S
- INSIDER
One map shows how many student-loan borrowers could have gotten Biden's debt relief before lawsuits blocked his plan
Per new White House data, 26.3 million student-loan borrowers applied or were deemed eligible to get up to $20,000 in broad debt relief.
- Business Insider
Billionaire investor Ray Dalio slams the US debt ceiling – and compares politicians who support raising it to binge-drinking alcoholics
The US government hit its $31.4 trillion debt limit last week, raising the prospect of a default in June.
- The Hill
On The Money — Senators look toward Social Security reform
A divided government is spurring some united interest in tackling entitlement programs. We’ll also look at the ways the federal government can avoid a debt default and how Sen. Joe Manchin (D-W.Va.) is trying to bridge the debt ceiling divide. But first, find out why the Senate GOP isn’t as eager to impeach President Biden…
- INSIDER
The White House says it doesn't have a backup plan to cancel student debt right now if the Supreme Court strikes down Biden's broad relief
"We are not deliberating or considering any other kind of alternative approach," a White House official told reporters on student-debt cancellation.
- GOBankingRates
19 Ways To Tackle Your Budget and Manage Your Debt
Debt is a growing problem in America. Total household debt was over $16.51 trillion in the third quarter of 2022, according to the Federal Reserve Bank of New York. Read: Here's Why 1 in 5 Americans...
- GOBankingRates
I Have to Pay My Debt, So Why Doesn’t the US Government? The Truth Is Even More Complicated Than You Think
The U.S. just hit its debt limit, following Congress's failure to reach a deal to raise the debt ceiling. While the Treasury Department announced it would start implementing its "extraordinary...
- Yahoo Finance
Student loans: Biden has no plan B yet if Supreme Court strikes down loan forgiveness
The highest court in the nation hears arguments at the end February and ultimately rules on forgiveness in June.
- The Hill
Democrats grapple over whether Biden should negotiate with McCarthy on raising debt limit
Democrats are grappling over whether President Biden should negotiate an increase to the debt ceiling in talks with House Speaker Kevin McCarthy (R-Calif.). Most Democrats are dead set against negotiating as Biden signals he’s prepared to meet with McCarthy, arguing any talks will just be gobbled up by Republicans who will then ask for more.…
- Bloomberg
Biden Faces GOP Debt Showdown With Bitter Memory of 2011 Crisis
(Bloomberg) -- Joe Biden was there in 2011 when Democrats tried to negotiate the type of broad deficit-reduction plan that GOP lawmakers are once again demanding as a condition of raising the federal debt ceiling.Most Read from BloombergAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsPutin Plans New Ukraine Push Despite Losses as He Prepares for Years of WarWe Asked ChatGPT to Make a Market-Beating ETF. Here’s What HappenedAmericans Fall Behind on Car Payments at Higher Rate Than