President Joe Biden met with congressional leadership from both parties Tuesday to negotiate an end to the federal debt ceiling dispute. Both Biden and House Speaker Kevin McCarthy delivered comments and took questions following the closed-session meeting. Biden called the meeting productive. The meeting was called to discuss a path beyond the current debt ceiling […]
New Mexico’s Democratic governor and senators responded to the debt ceiling bill passed by the House Wednesday. The bill seeks to extend the debt limit with budgetary cuts some have called “draconian.” New Mexico’s senators refer to the bill as the “Default on America Act.” HR 2811, also known as the Limit, Save Grow Act […]
Two dueling bills in Congress attempt to address the debt ceiling and these actions could include harsh cuts that may affect New Mexicans. One of the bills would eliminate the debt ceiling altogether while the other expands the debt ceiling and imposes deep cuts, including to social programs like food assistance. These proposed cuts in […]
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