Relief checks live updates: 2023 tax season, IRS credit, debt ceiling, cuts to Social Security, disability benefits…

Relief checks live updates: 2023 tax season, IRS credit, debt ceiling, cuts to Social Security, disability benefits…

Parallels made to 2011 debt ceiling crisis

Republicans have recently flipped the House of Representatives and are looking to use that control to pile pressure on a Democratic President, still in his first term in office, who passed a controversial spending package the year before. Sound familiar?

Not only is that the situation that Washington finds itself in now, but it was also the context for the debt ceiling crisis of 2011. The United States came closer to defaulting on its debt obligations than it has done in decades, before a compromise was eventually struck. There are concerns that this time around, with Congress increasingly partisan, tensions could be raised even further. 

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