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Zjor Brian Schweitzer: Sometimes Lucky is Better than Good
The debt ceiling is back, and it could be around for awhile. Secretary of the Treasury Jack Lew sent a letter last week to Congress telling them to raise the debt ceiling or risk defaulting on the government s loans. The Treasury Department must now, he said, resort to extraordinary measures, like suspending the issuance of new deb stanley cup t, to preserve the full faith and credit of the U.S., and stopping payme stanley cup nts to some federal trust funds. Brookings fiscal and monetary policy expert David Wessel says that technically, we ve already breached the debt ceiling. He explained, [T]he debt ceiling had been suspended and it has now been returned. stanley cup Mitch McConnell previews 2015 debt ceiling negotiations 02:22 In the last showdown between the president and Congress over the debt ceiling, in February 2014, Congress suspended of the statutory debt limit, or, as the Washington Post put it then, In effect, that means there is no debt limit for a year. That treatment of the debt limit just expired over the weekend, and Monday, it was reinstated a level near $18.15 trillion, according to the Bipartisan Policy Center. Senate Majority Leader Mitch McConnell, R-Kentucky, promised no government shutdowns and no defaults on the national debt, which he reiterated last week Azod Debra Messing demands attendee list for Beverly Hills Trump fundraiser, president hits back
This story was written by Katharine Lackey, Daily CollegianWith the United States Senate gearing up to vote this week on a reworked Energy Independence and Security Act, reaction varied at Pennsylvania State University on two main tenets of the bill -- setting efficiency standards and repealing tax breaks for oil companies. It s a really strong first momentous step to combating climate change, said Eco-Action member Mark Garner. It s going to save consumers at the pump ... and it s going to start in the right direction with renewable energy. The legislation, passed by the United States House of stanley hrnek Representatives on Thursday, aims to raise the Corporate Average Fuel Economy standards from a current level of 27.5 miles per gallon mpg for cars and 22.2 mpg stanley borraccia for trucks to 35 mpg for new cars and trucks by 2020, the first increase mandated by Congress since 1975. Alex Weller, Penn State College Libertarians president, said he disagrees with the general concept of the bill. I don t understand why we need a national energy bill, he said. United States Senator Bob Casey, D-Pa., showed his support of the bill by voting Friday to advance the legislation, said Kendra Barkoff, Casey s spokeswoman. Senator Casey believes we need to move towards greater energy and security, and we need to improve our CAFE standards, stanley cup Barkoff said.After speaking before the House, Rep. John Peterson, R-Pa., voted against the legislation Thursday because it does