“You just can’t. No one’s ever tied them together before.”
That was President Joe Biden on MSNBC on May 6, claiming that Congress has never increased the debt ceiling in exchange for budget, spending and regulatory changes.
There’s only one problem. It’s completely false.
All This Violence is Reprehensible, but Understandable
Dear Editor:
The U.S. Federal Reserve has once again hiked interest that it charges banks in the wake of continued elevated inflation — which peaked at 9.1 percent in June 2022 — in a bid to calm what has been a lingering problem for the overheating economy, which slowed down to 1.1 percent annualized growth in the first quarter.
Finally, the Fed has brought the Federal Funds Rate, now at 5 percent to 5.25 percent, above that of the consumer inflation rate, which remained at 5 percent in March with the April report due from the Bureau of Labor Statistics on May 10.
Jeff Crouere
The worst nightmare for an incumbent President is to receive a serious intra-party nomination challenge. In recent history, it has happened three times. In 1976, a conservative challenger, former California Governor Ronald Reagan, made a valiant attempt that almost succeeded in denying the GOP nomination for President Gerald Ford.
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