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debt ceiling

Jan. 6 Cited Multiple Times as Reason for US Credit Downgrade, Official Says
This is only the second time in history that a credit firm has downgraded the U.S.’s credit rating.

New SNAP Policy Will Force People Over 50 to Work to Retain Food Benefits
About 750,000 people are forced to work or lose food stamp benefits because of the new bipartisan compromise over SNAP.

GOP Is Trying to Slash Food Aid to Kids Who Are Already Struggling to Access It
A recent study suggests that more than 53 percent of young kids who are eligible for food aid haven’t been getting it.

House GOP Majority Has Been Shoving Big Oil Favors Into Nearly Every Major Bill
From the debt ceiling to their latest tax plan, the GOP has been taking pot shots at the climate movement at every turn.

Top 1 Percent Would Get $28B in Tax Cuts Under New Republican Plan
The average member of the 1 percent would save $16,550 under the plan. A person in the bottom 20 percent would save $40.

Republicans Follow Debt Limit Fight by Pushing More Corporate Tax Cuts
The proposals include eliminating tax credits for green energy and repealing a tax on toxic chemical waste sites.

Democrats Unveil Debt Ceiling Reform Act to Prevent Repeat of GOP Hostage-Taking
"It's time to put the debt ceiling in the hands of the Treasury secretary," said Sen. Dick Durbin.

For GOP, Debt Ceiling Deal Was Never About Debt — It Was About Conserving Power
Conservatives weaponized the debt deal to consolidate power. Let’s use the budget to create new power structures.

Biden Hailed Debt Deal as a Win for the US. But Who Actually Won?
David Sirota says Democrats should’ve raised the debt ceiling after midterms, when the party still controlled Congress.

Biden Debt Ceiling Deal Clears Way for Climate Killing Mountain Valley Pipeline
Indigenous and environmental activists who have fought the dangerous pipeline project for years vowed to continue.