Congress Debt Ceiling

Michael McAuliff

Senate Clears Way For Debt Hike

HuffingtonPost.com | Michael McAuliff | Posted 03.27.2012

WASHINGTON -- The Senate voted Thursday to let the president raise the nation's debt limit by about $1.2 trillion, voting down a measure that would ha...

Obama Delays Vital Request

AP | JULIE PACE | Posted 02.29.2012

HONOLULU — President Barack Obama is delaying his request for another $1.2 trillion increase in the nation's debt limit at the request of congre...

Americans Express Doubt, Disinterest Toward Supercommittee

The Huffington Post | Chris Gentilviso | Posted 11.16.2011

Seven days separate the supercommittee from its fate. By Nov. 23, the 12-member panel is tasked with the difficult chore of finding $1.2 trillion to s...

GOP Senator: 'Good Thing I Can't Pack A Gun On The Senate Floor'

Posted 10.18.2011

Sen. Tom Coburn (R-Okla.) blasted Congress for America's financial troubles and predicted that the debt ceiling agreement would unravel this fall, cal...

Governing Not Dealing

Emilie Townes | Posted 10.05.2011

Emilie Townes

A deal is not what good government should be about, especially when the most vulnerable in our society are one of the major pawns in making the deal work.

How John Boehner Got The Votes For The Debt Ceiling Deal

AP | By LARRY MARGASAK | Posted 10.04.2011

WASHINGTON -- Speaker John Boehner was desperate in his search for votes from his party to prevent a first-ever government default. But despite what a...

Sam Stein

With Debt Ceiling Deal Done, Obama Makes A Plea To Focus On Jobs

HuffingtonPost.com | Sam Stein | Posted 10.02.2011

WASHINGTON -- Speaking just minutes after the Senate passed legislation to raise the debt ceiling -- removing the last political hurdle for that bill'...

Senate To Vote On Debt Ceiling Deal

AP | DAVID ESPO | Posted 10.02.2011

WASHINGTON — With scant time to spare, President Barack Obama signed legislation Tuesday to avoid an unprecedented national default that he said...

Can Your Congressman Balance a Checkbook? (No Seriously, You Should Ask)

Keli Goff | Posted 10.01.2011

Keli Goff

Many of our elected officials know a lot less about finance and economics than those responsible for the financial future of an entire country should. Even more terrifying, many appear to know even less about such matters than we do.

States Preparing For Fallout If Debt Ceiling Deal Isn't Reached

AP | By MICHAEL R. BLOOD | Posted 09.30.2011

LOS ANGELES -- As gridlocked Washington edges toward default, states staggering out of the last recession are preparing for the worst: The federal pig...

Michael McAuliff

New Dem Star Previews 2012 Argument In Debt Default Debate

HuffingtonPost.com | Michael McAuliff | Posted 09.29.2011

WASHINGTON -- The debt-ceiling battle may be a bitter fight in which the entire nation stands to lose, but Friday's House vote also revealed that Demo...

Obama: Republicans Wasted 'Precious Days' On Boehner Debt Ceiling Plan

AP/The Huffington Post | Posted 09.29.2011

WASHINGTON (AP/The Huffington Post) -- Claiming that the two parties aren't that far apart, President Barack Obama is urging Democratic and Republican...

Michael McAuliff

Harry Reid's Debt Ceiling Bill Puts His Cards On The Table

HuffingtonPost.com | Michael McAuliff | Posted 09.28.2011

WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) unveiled a new debt ceiling bill Friday night that strongly resembles a plan first suggested ...

Sam Stein

John Boehner Yanks Debt Ceiling Bill, House Vote Postponed

HuffingtonPost.com | Sam Stein | Posted 09.27.2011

WASHINGTON -- House GOP leadership announced abruptly on Thursday evening that they were suspending a vote on Speaker John Boehner's (R-Ohio) debt cei...

Americans Frustrated, 'Furious' With Congress Over Debt Ceiling Debate

AP | By HENRY C. JACKSON | Posted 09.27.2011

WASHINGTON -- Bob Krogman, an Air Force veteran who survived three helicopter crashes over North Vietnam, leaves little doubt about what he thinks of ...

Compromise Is Not a Dirty Word

Madeleine M. Kunin | Posted 09.26.2011

Madeleine M. Kunin

Compromise, contrary to popular opinion, does not mean selling out one's principles. Compromise means working out differences to forge a solution which fits the diversity of the body politic.

Tea Party-Backed Congressman Fights His Own Party Over Debt Ceiling Deal

AP | STEPHEN OHLEMACHER | Posted 09.26.2011

WASHINGTON — When President Barack Obama complains about House Republicans unwilling to compromise on a deficit reduction package, he's talking ...

Boehner Rewriting Debt Ceiling Plan, Faces Tea Party Opposition

AP | DAVID ESPO | Posted 09.26.2011

WASHINGTON — Crisis concerns rising, House Republican leaders shrugged off a White House veto threat and an outbreak of tensions within their ow...

Sam Stein

Boehner's Debt Ceiling Plan Falls Short, CBO Finds

HuffingtonPost.com | Sam Stein | Posted 09.25.2011

WASHINGTON -- The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of te...

What World Leaders Think About The U.S. Debt Ceiling Debate

Posted 09.25.2011

As Washington struggles to find compromise on its way to a debt ceiling deal, international leaders have spoken out on the U.S. debt situation and the...

Debt Ceiling Deal Comes Down To A 'Gang Of Four'

AP | DONNA CASSATA and LAURIE KELLMAN | Posted 09.25.2011

WASHINGTON — For all the debt deal dynamics in Washington, a final agreement really comes down to a gang of four. It's this quartet – Sp...

Jennifer Bendery

Obama: Debt Ceiling Talks Fell Apart, Boehner Walked Out

HuffingtonPost.com | Jennifer Bendery | Posted 09.21.2011

WASHINGTON -- Social Security and Medicare may have been saved by the Tea Party's refusal to accept President Barack Obama's "grand bargain." On Fr...

John Boehner: 'There Is No Deal' On Debt Ceiling, Democrats Have 'Done Nothing'

AP/The Huffington Post | Posted 09.21.2011

WASHINGTON (AP/The Huffington Post) -- Speaker John Boehner declared Friday that the House has "done its job" toward resolving the impasse over raisin...

Disentangling Social Security From the Debt Ceiling

Nancy Altman | Posted 09.19.2011

Nancy Altman

Social Security appears to be a key bargaining chip in the struggle over the debt limit. But the truth is that Social Security checks can go out, in their full amount, without adding a penny to the federal government's total debt.

Jennifer Bendery

House Passes Tea Party's 'Cut, Cap And Balance' Fiscal Plan

HuffingtonPost.com | Jennifer Bendery | Posted 09.18.2011

WASHINGTON -- House Republicans easily passed their "Cut, Cap and Balance" fiscal plan on Tuesday, a proposal that boosts their standing among Tea Par...