Browsing Tag
Debt Limit
6 posts
Supreme Court Ruling on Biden’s Student Loan Forgiveness Expected by End of Week
Either way, federal student loan payments set to resume in October after 42-month pause
June 20, 2023
Senate Sends Debt Ceiling Bill to Biden, Averting Potential Default
Legislation passed in Congress this week means no delay for Social Security checks and resumption of federal student loan payments in September
June 2, 2023
Debt Ceiling Deal: Social Security Payments Likely Not Delayed; Student Loan Payments to Resume
President Biden and House Speaker McCarthy’s agreement to raise the debt limit expected to be see House vote on Wednesday
May 30, 2023
Debt Limit Standoff: Are Social Security Benefits at Risk?
Treasury Secretary Janet Yellen’s May 1 warning adds new urgency that default could happen by June 1, with plenty of uncertainty surrounding whether or not Social Security payments could be delayed
May 2, 2023
Biden’s Budget Seeks Ban on ‘Mega-Roth’ IRAs
The $6.8 trillion budget released today, deemed “DOA” by House Republicans, includes a variety of tax increases for wealthy
March 9, 2023
McCarthy Takes Social Security Cuts Off the Table in Debt Ceiling Debate
Speaking to reporters Wednesday, Sen. Joe Manchin says the House Speaker agreed not to propose Social Security and Medicare cuts during negotiations to raise the debt limit
January 25, 2023