US Treasury to take 'extraordinary measures'
to avoid debt default
Posted By: sunset, 1/18/2025 5:10:15 AM
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office. With the government reaching its borrowing limit, the department would start making the moves on Tuesday, the day after the inauguration, Yellen said in a letter to congressional leaders. That will mean Trump's administration has to grapple immediately with the issue of the debt ceiling. In the past, Congress has routinely voted to lift this bar, but that tool has become a contentious issue, with Republican budget hawks calling for drastic spending reductions instead.
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Georgia House leader relents, allows senator
arrested Thursday to return for bicameral sessions 7 replies
arrested Thursday to return for bicameral sessions 7 replies
State Sen. Colton Moore will now be allowed to attend future joint sessions of the Legislature after the north Georgia lawmaker was arrested Thursday for trying to do just that. House Speaker Jon Burns, a Newington Republican, banned Moore from entering the House chamber last year after Moore spoke ill of the late former GOP Speaker David Ralston while Ralston was being honored posthumously during a Senate session.
The U.S. Senate Friday voted to advance a bill that would require the expansion of mass detention for immigrants charged or arrested for property crimes, setting it up to be one of the first measures signed into law by incoming President-elect Donald Trump. In a 61-35 procedural vote, 10 Senate Democrats joined with all Republicans to limit debate on S. 5, known as the Laken Riley Act, named after a 22-year-old nursing student who was murdered by a man who immigration authorities say entered the country illegally and was previously charged with shoplifting.
The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.
With the government reaching its borrowing limit, the department would start making the moves on Tuesday, the day after the inauguration, Yellen said in a letter to congressional leaders. That will mean Trump's administration has to grapple immediately with the issue of the debt ceiling. In the past, Congress has routinely voted to lift this bar, but that tool has become a contentious issue, with Republican budget hawks calling for drastic spending reductions instead.
Los Angeles Mayor Karen Bass got into office promoting diversity, equity and inclusion (DEI) and promising to tackle homelessness and pollution — but she never promised to drain the swamp. Now she stands accused of adding to it, through “legalized corruption” and a number of eye opening scandals which have come to light after renewed scrutiny in the last two weeks following the revelation Bass and her cronies defunded the Los Angeles Fire Department by $17 million, contributing to them being underprepared to tackle the wildfires currently destroying the city.
Canada’s energy minister came to Washington this week to warn U.S. lawmakers about President-elect Donald Trump’s tariffs threat on Canada: They’d inflict economic pain on Americans, with higher prices and job losses. Jonathan Wilkinson, Canada’s minister of energy and natural resources, said he feels obligated to sound the alarm about the inflationary risks being created by a president who was elected in large part on the promise of bringing down prices. “It will mean higher gas prices, it will mean higher food prices, it will mean higher natural gas prices for heating people’s homes. It will mean higher electricity prices."
Turkish President Recep Tayyip Erdogan said on Wednesday that Israel must withdraw its forces from Syria or it will cause “unfavorable outcomes for everyone.”
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“Everyone should take their hands off Syria and we, along with our Syrian brothers, will crush the heads of Islamic State, the YPG and other terrorist organizations in a short time.”
Starbucks (SBUX, Financial), the global coffee giant, has revoked a key policy that allowed anyone, including non-purchasers, to use its café spaces, patios, and restrooms. This policy had been in place since 2018. The company announced a new code of conduct aimed at making U.S. stores more appealing and regaining high-end customers. According to a Starbucks spokesperson, the new rules will prioritize paying customers who wish to enjoy their coffee and use the facilities. The updated code, effective January 27, includes prohibitions against begging and disorderly conduct. If necessary, staff can seek assistance from local law enforcement.
California Gov. Newsom Makes $50 Million
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Deal with Dem Lawmakers to Fight Trump, Deportations 16 replies
California Gov. Gavin Newsom (D) has made a deal with fellow far-left Democrats in the state legislature to set aside $50 million in taxpayer funds to fight the Trump administration and to shield illegal migrants from deportations — as the Los Angeles fires death toll reaches 24.
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Venezuelan President Nicolas Maduro on Tuesday announced the arrest of seven foreigners -- including two Americans -- whom he accused of being "mercenaries" trying to prevent him from being sworn-in for another six years in power. Maduro said the Americans, two Colombian "hitmen" and three "mercenaries" from the war in Ukraine were involved in plotting unspecified "terrorist acts" ahead of his planned inauguration Friday. "I am sure that in the next few hours they will confess," Maduro said in a broadcast on state television, before declaring a mass deployment of police and military across the country.
French politician Jean-Marie Le Pen, founder of the National Front far-right party, has died at the age of 96. In a statement to AFP, his family said he had died in the Paris region. "Jean-Marie Le Pen, surrounded by his family, was called to God this Tuesday at 12:00." During his career, Le Pen carved out a position in French politics and society as one of its most infamous politicians, who found support among voters for his rhetoric. With the ascent of his daughter Marine Le Pen, with whom he had several deep political disagreements, he introduced a political dynasty into French politics.
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On Friday afternoon, CNN's senior national security analyst, Juliette Kayyem, preemptively tried to undermine President-elect Donald Trump from being able to take credit for lower border numbers after he takes office as the ex-Barack Obama administration member and former Democrat politician suggested that President Joe Biden had already fixed the problem, and that Trump would only be taking credit for low numbers that already exist.
As Kayyem and CNN News Central host Brianna Keilar discussed the Senate confirmation hearings for Homeland Security Secretary-designate Kristi Noem, Kayyem asserted that "the immigration agenda has nothing to do with enforcement anymore. The numbers are down -- the Southern border numbers are down."
Michelle Obama ‘checked out’ of DC
life with Barack, as couple try to quiet
marriage rumors: sources 28 replies
life with Barack, as couple try to quiet
marriage rumors: sources 28 replies
After weeks of speculation that the most famous marriage in politics was in trouble, Barack Obama posted a fawning tribute to the “love of his life,” Michelle Obama, in honor of her 61st birthday on Friday.
“You fill every room with warmth, wisdom, humor, and grace — and you look good doing it. I’m so lucky to be able to take on life’s adventures with you. Love you!,” he wrote on Instagram, beneath a photo of the casually-dressed couple holding hands over dinner.
“Love you, honey!” his wife quickly replied.
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Senator Tim Kaine (D-VA) said Sunday on CBS’s “Face the Nation” that the Trump administration’s proposed deportations would be “an absolute gut punch” to the U.S. economy. Partial transcript as follows: [snip]
KAINE: Well, I don’t exactly know how the administration is going to do it. But let me tell you, I’m hearing significant concerns from many sectors in the Virginia economy, agriculture, hospitality, health care, construction, that massive deportation rates would be an absolute gut punch to the Virginia and American economy
The French king Louis XV is credited with saying “après moi le deluge,” meaning he didn’t care what happens after he was gone. Biden has not said the same, but his actions make clear that he’s perfectly happy to see the country weak and bankrupt and the Constitution torched when he leaves office and Donald Trump takes over for a remarkable second term. The press, which has covered for Biden most of his term, is now trying to hide their obvious airbrushing of the worst president in modern history and stay afloat. While much of the civil service seems ready to sabotage Trump once again, the very thought
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The lame-duck 82-year-old’s flurry of late moves to try to make himself a hero to Democrats and obstruct his successor’s agenda include: (Photo) Deportation protection
.
Granting Temporary Protected Status to almost 1 million people, meaning they are protected from deportation and entitled to work permits. The action, decreed by Homeland Security Secretary Alejandro Mayorkas on Jan. 10, shields 234,000 Salvadorans, 1,900 Sudanese, 104,000 Ukrainians and 600,000 Venezuelans for a period of 18 months.
Heartbroken TikTokers freak out as ban
shuts down app for 170M users in US: ‘THIS
IS A CRIME’ 21 replies
shuts down app for 170M users in US: ‘THIS
IS A CRIME’ 21 replies
Heartbroken TikTokers are going cuckoo.
Users of the now defunct social app nationwide are mourning its loss early Sunday, after the popular video-sharing platform went dark for its 170 million American users in the face of a legal US ban.
“ITS GONE TIKTOK IS GONE,” one user posted to X with a gif of someone nervously smoking.
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The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on government debt, Secretary Janet Yellen said Friday, days before President-elect Donald Trump takes office.
With the government reaching its borrowing limit, the department would start making the moves on Tuesday, the day after the inauguration, Yellen said in a letter to congressional leaders. That will mean Trump's administration has to grapple immediately with the issue of the debt ceiling. In the past, Congress has routinely voted to lift this bar, but that tool has become a contentious issue, with Republican budget hawks calling for drastic spending reductions instead.
It’s official: the Biden era is ending, and the return of Donald Trump to the White House is just 48 hours away. Fox News correspondent Lucas Tomlinson posted a video on X with the caption, “Moving day in the West Wing.” As the outgoing president participates in the inauguration ceremonies, the White House staff undertakes a rapid transformation of the executive residence to accommodate the incoming first family. This operation is typically completed within a span of approximately five to six hours, according to abc News.
Pope Francis has criticized US President-elect Donald Trump’s plan to deport immigrants as a “disgrace.”
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“If it is true, it will be a disgrace, because it makes the poor wretches who have nothing to pay the unpaid bill. It won’t do. This is not the way to solve things,” Francis said during the Sunday interview.
The Pope has made advocacy for migrants a key part of his papacy,
Joe Biden recently admitted that he might not have been able to complete a second term, telling USA Today, “Who knows what I’m going to be when I’m 86 years old?”
It was a stunning admission indeed.
For years, conservatives were calling out blatant issues with Joe Biden's cognitive health and physical frailty. On Monday, our long national nightmare will end, and we will once again have someone physically and cognitively capable of running the country back in the White House. But that doesn’t mean we should forget the scandalous efforts by those around Biden to cover up his decline.
A new report from the New York Times
President Trump is assembling an administration stocked with prominent gay and lesbian Americans — defying hysterical Democratic rhetoric.
“When it comes to whether you’re gay or straight, black or white and all those markers others calculate — President Trump is decision blind. He bases his decision on the kind of job he knows you will do, period,” said Bill White, a top Trump fundraiser — who was tapped to serve as the US ambassador to Belgium.
Among the picks:
Scott Bessent, 62, treasury secretary. If confirmed, the hedge fund manager would be the highest-ranking openly gay official in US history.