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WASHINGTON, D.C. -- In response to the Federal Reserve Board’s decision to cut interest rates close to zero, John Tamny, FreedomWorks Foundation's Director of the Center for Economic Freedom (CEF), commented:
WASHINGTON, D.C. -- In response to this morning’s report from the Bureau of Economic Analysis that U.S. GDP grew 3.2% in Q1 2019, compared to an expected 2.1%, John Tamny, FreedomWorks Director of the Center for Economic Freedom, commented:
Tucked away in the rules that House Democrats rolled out at the beginning of the 116th Congress is a provision that temporarily suspends the debt limit if the House of Representatives passes a budget resolution. The provision is what’s known as a self-executing rule. This may be legislative inside baseball, but it's a rather radical change to the rules that differs from even from a similar rule employed in the past.