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Search results for "debt ceiling" ...
In February 2018, Congress passed a massive budget bill, and President Donald Trump signed it. It provided new money for the military. It funded disaster relief efforts. And it raised the nation’s “debt ceiling” — allowing the government to secure new loans. While these provisions grabbed headlines amid the chaos of what was, at best, a slapdash scramble to pass a budget and avert another government shutdown, a gaggle of goodies, benefiting a bevy of special interests, slipped into the bill’s 652 pages almost unnoticed. These goodies are called “tax extenders.” Seeing an opportunity to boldly tell an effectively untold tale, the staff of the Center for Public Integrity endeavored to explain how every tax extender — more than 30 in all — came to fruition and reveal how lobbyists gamed the political system and squeezed $16 billion worth of special favors from it. This project represented a rare example of deep investigative reporting on Congress. While hundred of reporters cover what Mitch MCConnell and Nancy Pelosi said yesterday, very few unravel how the institution of Congress is corrupted.
At the height of the debt ceiling debate, the investigative team at WTTG pulled video from floor debates, news conferences and other sources to show how the very people demanding the nation make sacrifices by cutting the budget were the ones taking advantage of a Congressional loophole--allowing Congress to use government money to buy luxury cars.