The debt ceiling compromise reflects deep Jewish wisdom
President Biden and Speaker McCarthy were right to compromise, writes a rabbi.
Debt Ceiling
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Opinion Take Debt Limit to Court. It’s Unconstitutional
Wait a minute: I still don’t understand why the idea of a debt ceiling is constitutional. The last I heard, the Fourteenth Amendment was still part of the Constitution. Here’s Section 4: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for…
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Opinion Rachel Maddow on the ‘Hanukkah Shutdown’
Rachel Maddow commenting Wednesday night on MSNBC on the new Gallup Poll that showed the Republican Party’s approval rating plummeting to 28%, the lowest for either party since pollsters first began asking the question: “That apparently is the reward that you get if you can stretch your government shutdown to be longer than Hanukkah. It…
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Opinion To Grasp GOP Debt Stand, Picture a Bank Robber …
House Speaker John Boehner is reported to have told fellow Republicans that he won’t allow the federal government to default. He said he will see to it that the debt ceiling is raised, even if it means passing a bill with the support of Democrats and a minority of Republicans. Here’s what Boehner’s spokesman Michael…
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Breaking News Jewish Groups Brace for Debt Ceiling Cuts
A pregnant Darfuri woman at a refugee camp in Chad, a Latino senior citizen living below the poverty line in the Bronx and an elderly Jewish immigrant from the former Soviet Union living in Boston. They may not know it, but these individuals are all beneficiaries of programs run by Jewish organizations with public money….
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Breaking News Treasury Says No to $1T Platinum Coin Plan
So much for the $1 trillion platinum coin idea. The U.S. Treasury Department said on Saturday it will not produce platinum coins as a way of generating $1 trillion in revenue and avoiding a battle in Congress over raising the U.S. debt ceiling. The idea of creating $1 trillion by minting platinum coins has gained…
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Breaking News White House Cool to $1T Platinum Coin Plan
The White House on Wednesday sees little profit in the notion of minting $1 trillion platinum coin as an escape hatch to avoid a debt default if Congress balks at raising the U.S. debt limit. With another standoff with Congress over raising the debt ceiling looming as early as mid-February, a petition on the White…
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Opinion The $1 Trillion Debt Ceiling Solution
Rep. Jerry Nadler (D-N.Y.) wants the government to mint a platinum coin worth…a cool $1 trillion.. Nadler, a Jewish Upper West Sider, thinks the minting of a ridiculously valuable coin could foil GOP attempts to hold Democrats hostage in debt ceiling negotiations. It would allow the government to pay its debts without going through Congress,…
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