The budget and the debt: Speaker Kevin McCarthy must agree to raise the borrowing ceiling ...Middle East

NY Daily News - Opinion
source : NY Daily News ( Middle East ) () 72
President Biden’s proposed budget for the federal fiscal year that starts on Oct. 1 would spend $6.8 trillion off revenues of only $5 trillion in taxes collected. The imbalance, a $1.8 trillion deficit, would get added to the national debt of $31.4 trillion that has been building since 1789. That’s how it’s always worked and the full faith and credit of the United States allows Congress to borrow to keep the federal government running.

Hence then, the article about the budget and the debt speaker kevin mccarthy must agree to raise the borrowing ceiling was published today ( ) and is available on NY Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( The budget and the debt: Speaker Kevin McCarthy must agree to raise the borrowing ceiling )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

The struggle for equal rights: always striving, never quite arriving

before 19 minute

Trump the Knicks fan and more: Letters to the Editor — May 31, 2026

before hour & 14 minute

‘Teen takeovers’ will bring bloody chaos nationwide this summer — because Blue America isn’t bending

before 3 hours & 23 minute

The feds and the Democratic Party must both confront the Antifa threat

before 4 hours & 28 minute

Here’s the secret sauce that turns kids into well-adjusted adults

before 6 hours & 18 minute

At $55M, Mamdani’s city-owned grocery store is a GROWING boondoggle

before 7 hours & 19 minute

Voices: ‘Nobody would have believed me’: Furious readers on why rape trials keep failing women

before 9 hours & 29 minute

Failure of leadership is a shame — failure to change is a choice

before 15 hour & 21 minute

Poll predicts possible political earthquake

before 15 hour & 38 minute

World Cup watch party in MacArthur Park? Clean it up first

before 16 hour & 8 minute

Tom Steyer assails ‘Trump’s tax loophole’ — but it’s just Prop. 13

before 16 hour & 23 minute

I saw how leftists scarred our Vietnam vets — anti-ICE mobs are repeating history

before 18 hour & 40 minute

How many must die before NYC gets real on policing e-bikes?

before 18 hour & 58 minute

Hochul’s budget ‘victory’ leaves New York trapped in a downward spiral

before 19 hour & 10 minute

Park Slope’s anti-Israel coop: Letters to the Editor — May 30, 2026

before 20 hour & 41 minute