#debt ceiling
Schatz urges focus on soaring prices, air safety, public health
US Sen. Brian Schatz (D-Hawai‘i) spoke on the Senate floor on Wednesday, underscoring congressional Republicans’ efforts to cut taxes for billionaires. He said this comes while working families are footing the bill as they struggle with soaring prices from inflation, air safety concerns, and threats to public health.
Hawaiʻi senators comment on vote to avoid debt default
US senators Brian Schatz and Mazie Hirono (D-Hawai‘i) voted on a deal to raise the debt ceiling and avoid debt default. Sen. Schatz said he voted for the deal to avoid “catastrophic default,” saying “it should have never come to this.”
Tokuda gives inaugural floor speech on debt ceiling and Hawaiʻi’s high cost of living
Congresswoman Tokuda spoke about the need to raise the debt ceiling to fulfill our country’s financial obligations to pay for past debt and uphold responsibility to Americans relying on Social Security, Medicare and other critical federal programs.
Hawai’i Delegation Votes in Support of Compromise Bill, Default Averted
The U.S. Senate today voted 74 to 26 in favor of raising the debt ceiling, in an effort to meet the nation’s deadline to pay its bills on time. Under the compromise legislation, the nation’s borrowing cap is raised, and more than $2 trillion in budget cuts is in store over the next 10 years.
Abercrombie Makes Plans as National Debt Deadline Nears
To ensure that the State of Hawai’i is prepared, Gov. Abercrombie convened members of his cabinet and the state’s financial leaders to devise a plan. The objective, the Governor said, is to avoid interruptions to programs that rely heavily on federal funds.
