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Essentially, compromise for the 2013 debt ceiling came in the form of a short term bill that was passed in late January 2013 that put off an expiration of the ceiling until May 2013. As of right now, there has been no action to extend that date.
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Why does the United States have a debt ceiling?
"The United States has a debt ceiling, so that we as a nation, together with our leaders, can make an attempt to hold ourselves accountable in terms of our fiscal responsibility. The debt ceiling is also in conflict with 14th Amendment of the U.S. Constitution."
What is the US Offer in Compromise program about?
The US offer in Compromise program is about helping distressed tax payers help deal with their liabilities by paying a portion of their debt. They analyze each application to make sure each person is worthy of a compromise.
What are some things congress can do?
they can decide if a bill should be a law or not and if two thirds say yes then it can over come the president's veto.
Did senator Barack Obama make a statement re raising the debt limit in march 2006?
Yes he did. He was objecting what he believed was out of control spending by President Bush and the Republicans, who controlled congress at that time; and he expressed his opposition to raising the debt limit. However, when congress voted on it, the debt limit was in fact raised, although Mr. Obama was among those who voted against it. That said, it is very typical for a senator or representative to hold one set of views when in the opposition party in congress, and a different set when in the majority or when that person has become president. President Obama has indeed changed his position on the issue of the debt ceiling. I enclose a link to Snopes. com which verified his change of position between 2006 and 2011.
What were the conflicting ideas of the three fifth Compromise?
congress had to make a choice between signing the declaration of independence or having to create the confidental letter
What do you paint on a ceiling to make a ceiling appear higher?
The Sky
What type of legislature did the great compromise create?
OK the great compromises legislature was a two house legislature because they took it from the new jersey plan and the Virginia plan and put them together to make one big legislature.
Can an IRS lawyer get me an offer in compromise to settle my tax debt?
Most IRS lawyers will be able to help settle a tax debt. Before hiring, make sure you interview the lawyer and find out what their success rate is. Search for an IRS tax lawyer at http://www.irstaxattorney.com/.
Did Obama say he would not guarantee social security checks if the debt ceiling wasn't raised?
Yes, he did, but there is a context to this story: it wasn't that he "would not," but rather, he expressed his concern that the government soon "could not." In July 2011, both the Republicans and Democrats were locked in a battle over the debt ceiling; while some congressional members wanted compromise, a faction of conservative "Tea Party" Republicans was threatening to let the US go into default for the first time in history. The president believed this would do serious damage to the country's credit, just to make a political point about spending. In the midst of the heated negotiations, President Obama stressed how crucial it was to come up with a compromise. He warned that if the United States did default, many bills would not be paid (including social security and veterans' benefits) because the government would lack the money to pay them.
Make you a sentence with the word compromise?
Compromise is an inevitable part of marriage.
What were the compromises the delegates agreed to make?
The major compromises that the delegates agreed to make were The Connecticut Compromise, The Three-Fifths Compromise, and The Commerce and Slave Trade Compromise.
How can you make a sentence with compromise of 1850?
I haven't studied the Compromise of 1850, yet.
