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debt limit – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 11 May 2023 09:34:57 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png debt limit – DIGIT INFO https://www.digit.info 32 32 Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling https://www.digit.info/former-us-secretary-of-labor-robert-reich-urges-bypassing-congress-to-raise-debt-ceiling/ Thu, 11 May 2023 09:34:57 +0000 https://www.digit.info/2023/05/11/former-us-secretary-of-labor-robert-reich-urges-bypassing-congress-to-raise-debt-ceiling/ Read more]]> robert reich debt ceilingRobert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling unilaterally. Reich states that the constitution of the U.S. gives President Biden the faculty of ignoring this debt limit, declaring it unconstitutional — explaining its existence is less significant than the […]

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JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic https://www.digit.info/jpmorgan-ceo-jamie-dimon-in-favor-of-abolishing-debt-limit-states-getting-close-to-default-can-cause-panic/ Thu, 11 May 2023 07:30:01 +0000 https://www.digit.info/2023/05/11/jpmorgan-ceo-jamie-dimon-in-favor-of-abolishing-debt-limit-states-getting-close-to-default-can-cause-panic/ Read more]]> JPMorgan CEO jamie dimon debt limitJamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even the drama surrounding the build-up to extending or not extending the debt limit could cause panic, as the U.S. economy is foundational for the world. […]

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Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1 https://www.digit.info/treasury-secretary-yellen-warns-us-could-default-on-its-debt-by-june-1/ Tue, 02 May 2023 02:30:01 +0000 https://www.digit.info/2023/05/02/treasury-secretary-yellen-warns-us-could-default-on-its-debt-by-june-1/ Read more]]> Treasury Secretary Janet Yellen Warns US Government Could Default on Its Debt as Early as June 1U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also cautioned that the U.S. defaulting on its debt obligations “would produce an economic and […]

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US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt Ceiling https://www.digit.info/us-senator-lummis-thanks-god-for-bitcoin-as-congress-discusses-raising-debt-ceiling/ Sun, 17 Oct 2021 02:30:22 +0000 https://www.digit.info/2021/10/17/us-senator-lummis-thanks-god-for-bitcoin-as-congress-discusses-raising-debt-ceiling/ Read more]]> US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt CeilingU.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator to Congress: ‘Thank God for Bitcoin’ Senator Cynthia Lummis […]

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