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Common Core State Standard
SL.CCS.1/2/3/4 Grades 6-12: An essay of a current news event is provided for discussion to encourage participation, but also inspire the use of evidence to support logical claims using the main ideas of the article. Students must analyze background information provided about a current event within the news, draw out the main ideas and key details, and review different opinions on the issue. Then, students should present their own claims using facts and analysis for support. FOR THE WEEK OF MAY 29, 2023 Biden and McCarthy make a deal on debt but have to sell it![]() ![]() Check news reports to see how the debt and spending deal fares in Congress.
![]() Find out what your Congress member and Senators say about the deal.
![]() Find out how much the nation's debt has changed in your lifetime.
President Joe Biden and House Speaker Kevin McCarthy reached a tentative deal over the weekend to suspend the nation’s debt limit through 2025 to avoid a federal default while limiting government spending. Now, they have to find enough members of the House and Senate to vote for the 99-page agreement before the U.S. Treasury runs out of money to pay its bills next Monday and sends the world’s economy into a tailspin. Some conservative Republicans in Congress complain that the compromise does not cut future deficits enough, while some progressive Democrats say changes to work requirements in programs such as food stamps will punish poor people. Biden and McCarthy hope to find enough Republicans and Democratic lawmakers in the middle who are willing to compromise to avoid catastrophe. Economists have warned that a government default would wipe out 1.5 million U.S. jobs in a week. If it lasted into the summer, they say 7.8 million jobs could be lost, interest rates on loans would soar, and a stock market plunge would wipe out $10 trillion in household wealth. The sudden economic collapse in the United States would trigger a severe recession across the globe.
Front Page Talking Points is written by
Alan Stamm for NIEonline.com, Copyright 2025
Front Page Talking Points Archive►Courts try to halt rushed removals of alleged gang members, testing presidential powers ►U.S. Education Department shrinks as the president tries to 'move education back to the states' ►Batter up: Odd-looking 'torpedo bat' apparently can help players smash home runs ►Top U.S. officials mistakenly leaked Yemen attack phone chat messages before jets and missiles flew ►Trump stirs drama with talk of wanting Greenland, Canada and the Panama Canal ►Measles outbreaks bring reminders of need for childhood vaccines ►White House media policy changes spark lawsuit by AP and concerns about presidential access ►'America has turned:' Trump veers away from backing Ukraine in war against Russian invaders |
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