Raise the Roof

Government

US Treasury Department
Quote mark

One day prior to the December 15 deadline, Congressional Democrats will move to raise the debt ceiling by $2.5T, extending the debt limit level to get the United States into 2023. On Tuesday afternoon, the bill was put forth by Senate Majority LeaderChuck Schumer and was passed by the Senate with a 50-49 vote. Following this vote, the bill has now moved to the House, where Democrats are also expected to approve it, thus sending it President Biden’s desk this evening or early Wednesday. Should this not pass, and should the debt ceiling not be increased, Treasury Secretary Janet Yellen has warned that could mark the start of the first-ever explicit U.S. default.

 

Source: CNBC

Posted By Jeff Cheek
December 14, 2021
Close button

palatine hill wealth

Disclosure

Palatine Hill Wealth Management and its representatives are in compliance with the current filing requirements imposed upon registered investment advisors by those jurisdictions in which Palatine Hill Wealth Management maintains clients. Palatine Hill Wealth Management may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Palatine Hill Wealth Management’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Palatine Hill Wealth Management’s web site on the Internet should not be construed by any consumer and/or prospective client as Palatine Hill Wealth Management’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Palatine Hill Wealth Management with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Palatine Hill Wealth Management, please contact the SEC, FINRA or the state securities regulators for those states in which Palatine Hill Wealth Management maintains a filing. A copy of Palatine Hill Wealth Management’s current written disclosure statement discussing Palatine Hill Wealth Management’s business operations, service, and fees is available from Palatine Hill Wealth Management upon written request. Palatine Hill Wealth Management does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Palatine Hill Wealth Management’s web site or incorporated herein and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. The most recent Palatine Hill ADV2 brochures can be found at https://adviserinfo.sec.gov/firm/summary/305619

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Palatine Hill Wealth Management) made reference to directly or indirectly by Palatine Hill Wealth Management in its web site, or indirectly by a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deductions of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results. Certain portions of Palatine Hill Wealth Management’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Palatine Hill Wealth Management’s (and those of other investment and non-investment professionals) positions and/or recommendations of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendations(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Palatine Hill Wealth Management, or form any other investment professional. Palatine Hill Wealth Management is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Palatine Hill Wealth Management’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Palatine Hill Wealth Management, or from any other investment professional.

LINKS
Palatine Hill Wealth Management may provide links from this Site to a non- Palatine Hill Wealth Management Web site or permit a link from a non- Palatine Hill Wealth Management Web site to this Site. Such links are for your convenience only and do not imply any affiliation with, or an endorsement, authorization, sponsorship or promotion of the non- Palatine Hill Wealth Management Web site or its owner Palatine Hill Wealth Management does not control or review any link, and accepts no responsibility for the content, products or services provided at these linked Web sites. If you decide to access such non- Palatine Hill Wealth Management Web sites, you do so solely at your own risk and you should be aware that non- Palatine Hill Wealth Management Web Sites are governed by their own terms and conditions and privacy policies. Links to this Site may be made only with the permission of Palatine Hill Wealth Management. A link to this Site may be permitted in Palatine Hill Wealth Management’s discretion, where, without limitation, such link (a) is to this Site’s homepage, (b) clearly informs users that the link is to the Palatine Hill Wealth Management Web site, (c) does not imply any affiliation, endorsement, sponsorship or other relationship between the link Palatine Hill Wealth Management Web site or the Web site owner and Palatine Hill Wealth Management, (d) delivers this Site’s Content without framing or similar environment, and (e) maintains the integrity of this Site’s layout, content and look and feel. Palatine Hill Wealth Management reserves the right in its sole discretion to refuse permission or to cancel permission to link to this Site at any time.
scroll Down