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Congress Debt Ceiling

Sam Stein

With Deadline Approaching, Boehner And Pelosi Still Haven't Talked About The Debt Ceiling | Sam Stein | Posted 02.05.2014 | Politics

WASHINGTON -- House Republican leaders abandoned plans Wednesday morning to tie either of their preferred policy demands to a hike of the nation's deb...

Michael McAuliff

Congress Votes To End Funding, Debt Standoff | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- The government shutdown is dead. Obamacare is alive. The Senate voted 81 to 18 Wednesday night to reopen the federal government and r...

This Crisis Is Not About Obamacare

Matthew Tolliver | Posted 01.23.2014 | Politics
Matthew Tolliver

Obamacare may limit individual liberty, or it could catalyze a dynamic labor market unencumbered by employee dependence on employer-based insurance. We'll see reality play out in the years to come. That debate is not, however, germane to today's stalemate.

The Competing Plans To Avoid Debt Ceiling Disaster

AP | Posted 12.15.2013 | Politics

WASHINGTON -- WASHINGTON (AP) — A comparison of tentative House and Senate plans for ending the government shutdown and extending the federal debt l...

Michael McAuliff

A Deal Takes Shape As Republican Laments '2 Months Blown' | Michael McAuliff | Posted 10.15.2013 | Politics

WASHINGTON -- Whatever deal emerges from overnight negotiations in the Senate, Republican lawmakers said they weren't sure it could pass quickly enoug...

Republican Peter King Takes the Lead

Bruce Ackerman | Posted 01.23.2014 | Politics
Bruce Ackerman

Though Congressman Peter King is from New York, he should not be mistaken for an old-fashioned moderate Republican. He is a full-blooded Reaganite, but he is realistic enough to recognize that his party is engaged in a suicide mission.

A Crash Course in Debt Ceiling Consequences

Dr. Philip Neches | Posted 12.10.2013 | Politics
Dr. Philip Neches

Everything. What most people do not realize, including GOP Congressmen, is that the U.S. national debt is the world's money, and that money is the lubricant not just for our economy, but for the entire world.

Michael McAuliff

House GOP Eyes Next Debt Ceiling Move | Michael McAuliff | Posted 10.10.2013 | Politics

WASHINGTON -- House Republicans appeared to be searching for a way out of the fiscal showdown Wednesday, as reports surfaced that leaders were talking...

11 Really Smart People Who Think The Debt Ceiling Is Really Stupid

The Huffington Post | Catherine Taibi | Posted 10.08.2013 | Business

The debt ceiling is a relic of a different era, but it is holding the future of the global economy hostage. The first debt limit was established i...

Congress Enters Crucial Week With Shutdown Fight

Reuters | Posted 12.07.2013 | Politics

* Two sides are still deadlocked * Lew says Congress is "playing with fire" * Conflict could go down to ...

Treasury Secretary: GOP Debt Ceiling Strategy Is 'Reckless'

Posted 10.06.2013 | Politics

Treasury Secretary Jack Lew said Republicans in Congress are "playing with fire" and that there is "no option" available for the president if they ref...

Sam Stein

The Grand Bargain Returns, Then Dies Once More | Sam Stein | Posted 10.02.2013 | Politics

WASHINGTON -- The ghost of failed grand bargains past emerged on Wednesday, only to be pushed back into the grave by lawmakers trying to negotiate an ...

Jennifer Bendery

Paul Ryan: Debt Limit Is 'Forcing Mechanism' For Ending Government Shutdown | Jennifer Bendery | Posted 10.01.2013 | Politics

WASHINGTON -- Rep. Paul Ryan (R-Wis.) said Tuesday that the best way for Congress to resolve the standoff over the government shutdown is to tie the m...

Michael McAuliff

GOP Lawmakers Ready To Risk Catastrophic Default | Michael McAuliff | Posted 09.26.2013 | Politics

WASHINGTON -- Republicans know that holding the nation's debt limit hostage in a standoff with Democrats over spending carries major risks to the econ...

Don't Be Fooled: This Year's Debt Limit Fight Is Frighteningly Different

Bob Greenstein | Posted 11.20.2013 | Politics
Bob Greenstein

We should never get to the point of default -- or even consider getting to it.  We should not legitimize the idea of a default.  We should consider the possibility beyond the pale.

Sabrina Siddiqui

GOP Rep Argues For Default On Debt | Sabrina Siddiqui | Posted 08.08.2013 | Politics

WASHINGTON -- As Congress braces for another debt-ceiling fight, Rep. Ted Yoho (R-Fla.) told constituents the nation's credit rating would actually be...

How the 'Filibuster Fight' Should Guide the President in Handling the Debt Ceiling Hostage Crisis

Paul Abrams | Posted 09.24.2013 | Politics
Paul Abrams

In the end Republicans folded in the filibuster debate because they preferred preserving the filibuster for another day than permanently losing an obstructionist tool they could continue to abuse. The same strategy will work for the debt-ceiling.

Louisiana Can Make Difficult Decisions, Why Can't Washington?

Dominik Knoll | Posted 07.15.2013 | Politics
Dominik Knoll

Broadly speaking, policymakers should acknowledge that our growing debt is a serious threat to the economic well-being and security of our country. It is urgent that we put in place a plan to stabilize the debt as a share of the economy and put it on a downward path.

Michael McAuliff

House Passes Bill To Pay Only Some U.S. Debts | Michael McAuliff | Posted 05.10.2013 | Politics

WASHINGTON -- The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing t...

The Billion Dollar Coin Makes Sense

Tim Penny | Posted 03.27.2013 | Detroit
Tim Penny

While it may not add up to a trillion, everyone involved with the federal budget recognizes that an "all options on the table" approach is necessary to solve this problem. Currency modernization and the dollar coin need to be part of the discussion.

Sabrina Siddiqui

From Fiscal Cliff To Debt Ceiling, Congress Governs From Crisis To Crisis | Sabrina Siddiqui | Posted 01.25.2013 | Politics

WASHINGTON -- Republicans are casting the latest battle over the nation's debt ceiling as a bid to win certainty in America's budget-making. But to De...

Sam Stein

Obama Would Not Stop House GOP's Short-Term Debt Ceiling Bill | Sam Stein | Posted 03.24.2013 | Politics

WASHINGTON -- President Obama would not block the three- or four-month extension of the debt ceiling proposed by House Republicans last week if the bi...

The Debt Ceiling Is Not The Way To Control The National Debt

Tara Sinclair | Posted 03.22.2013 | Politics
Tara Sinclair

The U.S. government has never defaulted on its legal obligations. We should make sure that this never happens. That means being careful about the national debt, but it also means not being stupid about a debt ceiling that can simply be raised or removed in order to avoid certain default.

Michael McAuliff

'Weaponized' Debt Limit Should Be Repealed, Dems Say | Michael McAuliff | Posted 01.16.2013 | Politics

WASHINGTON -- Congressional Democrats on Wednesday accused their counterparts across the aisle of employing war-like tactics against their own country...

Time to Declare Victory Over the Deficit - And Start Fixing Our Real Problems

Richard (RJ) Eskow | Posted 03.17.2013 | Politics
Richard (RJ) Eskow

Let's stop pretending this is a debate about "fiscal responsibility" or "facing reality": It's about keeping taxes as low as possible for the wealthy and corporations while shifting as much pain as possible onto lower-and middle-income Americans.