Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs

Progressives Say Congress Must Raise Debt Limit Now to Protect Social Programs

The programs have long been targets of Republicans, despite the fact that Social Security is fully funded through 2035 and is able to pay for 90% of benefits for the next 25 years, even without Congress acting to expand it.

Related:

GOP’s Thune Sees Debt-Ceiling Hike as Vehicle for Budget Cuts

White House Knocks Thune’s Bid to Tie Debt Limit to Entitlements

Ukraine Peace Talks: Pathetic U-Turn by 30 Dems & Curious Case of Jeffrey Sachs

Ukraine Peace Talks: Pathetic U-Turn by 30 Dems & Curious Case of Jeffrey Sachs

Related:

Full Video: The Pathway to a Negotiated Peace in the Ukraine with Jeffrey Sachs via Brooklyn For Peace

President Biden extends student loan payment freeze through May 1

President Biden extends student loan payment freeze through May 1

Whenever loan payments resume, many experts say the process will be quite messy, given so many back and forths with borrowers. Even a 2020 report from the Education Department noted the resumption of payments would be messy. Loan servicers and the federal government, the report says, will “face a heavy burden in ‘converting’ millions of borrowers to active repayment.” The transition could also be confusing to borrowers, with some “becoming delinquent, at least initially.”