In his State of the Union address, President Biden claimed he would, be “the only president to ever cut the deficit by more than $1 trillion in a single year.” […]
Tag: debt
A primer on the national debt limit
MORGANTOWN — On Thursday, President Joe Biden signed a bill to raise the United States’ debt ceiling, narrowly avoiding a default on the country’s debt Oct. 18. If Congress had […]
Democrats shouldn’t just raise the debt ceiling — they should double it
by Noah Kaplan Democrats need to recognize that Sen. Mitch McConnell and the Senate Republicans are not bluffing: They will not vote to raise the debt ceiling. Republicans believe that […]
Accepting Pelosi’s challenge: I’ll tell you where to cut
Responding to Democrats in her party who are troubled by the massive $3.5 trillion spending bill that would forever transform America into a debtor nation, Speaker Nancy Pelosi asked a […]
Biden’s eviction moratorium kicks problem down road
The Biden administration’s new moratorium on evictions postpones yet again the crisis of debt that looms over millions of American households where the rent or mortgages are months overdue. But […]
Bankrupted by medical debt
American health care is too expensive. Exhibit A is a new study of Americans’ medical debt published in the Journal of the American Medical Association. That debt is twice as […]
Justice’s financial problems mount
There is an old saying about debt: “Running into debt isn’t so bad. It’s running into creditors that hurts.” Gov. Jim Justice and his family business have borrowed a lot […]
Bill would help USPS take a step toward sustainability
A bipartisan group of U.S. senators have introduced a bill to begin reforming the beleaguered United States Postal Service which is being financially crushed by retirement expenditures and falling demand. […]
Budget ‘death spiral’ increasing likely
by Chris Reed “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money,” Alexis de Tocqueville supposedly said after an […]
MUB to restart billing on July 1
Late, termination notices will go out; deposits will be due As allowed by West Virginia Public Service Commission (PSC) General Order No. 262.5, beginning July 1, Morgantown Utility Board will […]
