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October 22, 2021

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Big nations must stretch further to limit climate change – U.S. envoy Kerry

Reuters
MILAN, Oct 2 (Reuters) – The world’s major economies must “stretch to do more” at next month’s U.N. climate talks to show they are serious about wanting to tackle global warming, U.S. Climate Envoy John Kerry said on Saturday. The COP26 conference in Glasgow aims to secure more ambitious climate......

The Senate moves to advance a bill raising the U.S. debt limit, inviting another clash with Republicans.

New York Times
The Senate took its first procedural step on Thursday to advance a stand-alone bill that would lift the statutory limit on federal borrowing until December 2022, even though it is all but guaranteed to fail amid a Republican filibuster. Senate Democrats pushed forward with a party-line 50-to-43 vote on the......

Brand-new bag: ‘Bones’ to caddie for J.T., limit TV

ESPN
Justin Thomas has lured Jim “Bones” Mackay away from his full-time broadcasting job to be his full-time caddie. The sixth-ranked player in the world who won the Players Championship in March and was a member of the victorious U.S. Ryder Cup parted ways with longtime caddie Jimmy Johnson, who had......

Here’s what the debt limit standoff means for you

CNBC
CNBC – For more and to sign up click here Lawmakers have less than three weeks to raise the debt limit or risk a first-ever default, which would trigger a broad market sell-off and put a stranglehold on everything from government payments to the ability to borrow. “It is imperative......

Congress must raise the debt limit by Oct. 18, Treasury Secretary Yellen warns in new letter as potential default looms

CNBC
CNBC – For more and to sign up click here U.S. Treasury Secretary Janet Yellen testifies before the Senate Appropriations Subcommittee on Financial Services about the FY22 Treasury budget request on Capitol Hill in Washington, DC, June 23, 2021. Greg Nash | Pool | Reuters Treasury Secretary Janet Yellen on......

Senate GOP blocks bill that would fund government and suspend debt limit, as time runs short to avoid shutdown and default

CNBC
CNBC – For more and to sign up click here Congress is running out of time to prevent a shutdown and a default. Senate Republicans on Monday blocked a bill that would fund the government and suspend the U.S. debt ceiling, leaving Democrats scrambling to avoid a possible economic calamity.......

Republicans Block Government Funding, Refusing to Lift Debt Limit

New York Times
WASHINGTON — Senate Republicans on Monday blocked a spending bill needed to avert a government shutdown this week and a federal debt default next month, moving the nation closer to the brink of fiscal crisis as they refused to allow Democrats to lift the limit on federal borrowing. With a......

GOP blocks debt limit hike, government funding

USA TODAY – For more and to sign up click here Jordain Carney Senate Republicans on Monday evening blocked a measure to fund the government and suspend the debt ceiling, carrying through on their threat to not deliver votes for a Democratic measure to raise the government’s borrowing limit. The vote......

Here’s how Mitch McConnell has talked about the debt limit over the decade

Politico
Politico.com – For more and to sign up click here Here’s how Mitch McConnell has talked about the debt limit over the decade 1 00:00:00,090 –> 00:00:05,310 >> Republicans have proposed plans that would rein in our deficits and debt and send a clear signal to 2 00:00:05,310 –> 00:00:10,620......

’No backup plan’: Democrats reject grueling debt limit off-ramp

Politico
Politico.com – For more and to sign up click here Of course, Democrats may still be forced to ready that unsavory off-ramp, if Republicans keep to their vow to deny President Joe Biden’s party the votes on their strategy and the global economy moves closer to a tempest. Sen. Bernie......

Costco limits toilet paper and bottled water purchases

CBS News
CBS News – For more and to sign up click here Costco limits toilet paper and bottled water purchases – CBS News Watch CBSN Live Costco said it will limit purchases of toilet paper, cleaning supplies and bottled water amid shortages of container ships, factory workers and truck drivers, as......

Don’t let lawyers and their faculty-lounge allies limit investment choices for the little guy

NYPost
Norm Champ & Christian Nagler Most Americans probably have never heard of SPACs (special-purpose-acquisition companies), an increasingly common vehicle for turning a privately held company into one whose shares are traded publicly. But two academics, teamed with a frequent-flier plaintiff and a class-action law firm, have launched a legal war......

Democrats quietly limit House GOP effort to press for probes into Biden administration

CNN
USA TODAY – For more and to sign up click here According to publicly available documents reviewed by CNN, Democrats in March began slipping language into House rules that essentially blocks Republicans from using a “resolution of inquiry.” That tool allows a lawmaker to formally request information from the executive......

House Passes Spending Bill and Debt Limit Increase Over G.O.P. Opposition

New York Times
WASHINGTON — The House on Tuesday approved legislation to keep the government funded through early December, lift the limit on federal borrowing through the end of 2022 and provide emergency money for Afghan refugees and natural disaster recovery, setting up a fiscal showdown as Republicans warn they will block the......

House passes bill to avoid government shutdown, suspend debt limit — but it faces Senate roadblocks with deadlines near

CNBC
CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi (D-CA) leaves after holding her weekly press conference at the U.S. Capitol on August 25, 2021 in Washington, DC. Kevin Dietsch | Getty Images The House passed a bill Tuesday that would both prevent......

Shutdown, default odds increase as GOP buckles up to block debt limit hike

Politico
Politico.com – For more and to sign up click here Sens. John Kennedy and Bill Cassidy, the two Louisiana Republicans, are viewed as probable “yes” votes after their state’s Hurricane Ida experience. Sen. Susan Collins (R-Maine) declined to say if she’d vote to advance the bill, reiterating instead her hopes......

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