GOLD 0.51% $1,391.7 gold futures

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  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    This looming Debt Ceiling Crisis is no joke....

    http://abcnews.go.com/Politics/wireStory/senate-confirm-trump-budget-chief-45528644

    Tea party gains voice in Trump's Cabinet with budget chief

    Arizona Sen. John McCain, who is emerging as perhaps the most vocal GOP critic of the Trump administration, opposed Mulvaney for the nominee's past House votes supporting cuts to Pentagon spending.
    "Mulvaney has spent his last six years in the House of Representatives pitting the national debt against our military," said McCain, chairman of the Senate Armed Services Committee.


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    Democrats opposed Mulvaney over his support for curbing the growth of Medicare and Social Security and other issues, such as his brinksmanship as a freshman lawmaker during the 2011 debt crisis in which the government came uncomfortably close to defaulting on U.S. obligations.

    "He said to me in a one-on-one meeting how he would prioritize the debts he would pay if he defaulted on the debt," said Sen. Claire McCaskill, D-Mo. "Wouldn't that be a great addition to the chaos we are all feeling right now?"
 
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