'It’s vital for congressional Republicans to stand their ground. Rather than sending America barreling down the road of unlimited debt and continual economic instability, Washington must tap the brakes on runaway spending.' -David Ditch
fast track to bankruptcy
, meaning that deficits and resultant inflationary pressure will get worse in the future unless Congress acts soon. Although the meeting scheduled for Tuesday at the White House presents the possibility of opening bipartisan negotiations over pairing a debt limit increase with badly needed fiscal reforms, Americans have reasons to be skeptical that Biden and Senate Majority Leader Chuck Schumer, D-N.Y., are acting in good faith. Among them:Biden and Schumer immediately were dismissive of House Republicans’ Limit, Save, Grow Act.
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Republicans allege unspecified Biden 'scheme,' fire off new FBI subpoenaThe summons for documents, with few details accompanying it, is GOP lawmakers' most direct attempt to investigate the president after largely focusing on his family.
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