United States: Debt Ceiling Disaster Dodged (Beltway Buzz, June 2, 2023) - Ogletree, Deakins, Nash, Smoak & Stewart
Wednesday, 7 June 2023 Debt Ceiling Disaster Dodged. After months of political posturing, weeks of negotiating, and days of nail-biting, the U.S. Congress approved legislation to lift the debt limit to ensure continued
The U.S. "suspended" the debt limit until after the presidential election. Debt ceiling debates have largely been theater in the past, and it turns out this time was no different. We will continue to see a ballooning of the national debt. The current fiscal and monetary policy is...
Major I-95 Collapse , Could Take Months to Repair.
Al Jazeera reports that a collapse of a major highway
has the potential to impact transportation routes
in the eastern United States for months to..
Credit: Wibbitz Top Stories Duration: 01:30Published
S&P Rallies , to Break Out of Bear Market , and Into Bull Territory.
On June 8, the S&P 500 rallied to reach
a bull market, surging 20% since hitting
a recent low in mid-October of 2022.
CNN..
Credit: Wibbitz Top Stories Duration: 01:31Published
Senate Passes , Debt Ceiling Bill.
On June 1, the Senate passed a bill to suspend the nation's debt ceiling for another two years.
It cleared by a vote of 63-36,
NBC News reports. .
The House..
Credit: Wibbitz Top Stories Duration: 01:30Published