BERNIE SANDERS – The debt ceiling is about paying money that has already been appropriated and spent. It has nothing to do with future budgets and future spending. Yet, Republicans have hijacked the debt ceiling process to impose savage cuts on the needs of working people, the elderly, the children, the sick and the poor. President Biden has the authority and the responsibility under the 14th Amendment of the Constitution to make sure that we continue to pay our bills.
Tag: moody’s
Climate-Change Risks May Lower Municipal Credit Ratings
THE REAL DEAL (South Florida Real Estate News) – Credit rating agency Moody’s Investor Services Inc. warns that it may downgrade the ratings of U.S. states and cities that fail to prepare for the impact of climate change.