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Debt Ceiling 2013

Enough Is Enough: Congress Must Pay Its Bills

Sen. Barbara Boxer | Posted 12.21.2013 | Politics
Sen. Barbara Boxer

How much more pain and uncertainty do Americans have to endure before Congress decides that it should pay the bills it has racked up? Businesses and families must always pay their bills and so must Congress.

Michael McAuliff

Senate Deal Reached, As Boehner Concedes Defeat | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- Senate leaders unveiled a deal Wednesday to reopen the government and avoid a potential debt default that does virtually nothing to Obam...

Shutdown Talks Continue As Default Looms

The Huffington Post | Posted 10.16.2013 | Politics

The government is still shut down, and lawmakers are working toward a last-minute deal to avert a federal default. According to the AP, many lawmak...

Warren Buffett: 'Creditworthiness Is Like Virginity'

AP/HuffPost | Posted 12.16.2013 | Business

OMAHA, Neb. -- OMAHA, Neb. (AP) -- Billionaire Warren Buffett says it would be idiocy for the nation's leaders to allow the United States to default o...

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.

Sabrina Siddiqui

Lindsey Graham Urges Ted Cruz To Put Country Before Tea Party | Sabrina Siddiqui | Posted 10.15.2013 | Politics

WASHINGTON -- Sen. Lindsey Graham (R-S.C.) had a message Tuesday for his Senate colleague Ted Cruz as the nation moves dangerously close to default: I...

Sam Stein

Details Of New House Shutdown Bill Revealed | Sam Stein | Posted 10.15.2013 | Politics

In a closed-door meeting on Tuesday morning, House Republican leadership decided to put out its own debt limit and government funding bill, rather tha...

Emerging Senate Deal Could End Shutdown

Posted 10.15.2013 | Politics

By ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON — Senate leaders are closing in on an agreement to reopen the government and forestall an econo...

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...

Debt Ceiling Showdown Nears Endgame

Posted 12.14.2013 | Politics

By DONNA CASSATA, THE ASSOCIATED PRESS WASHINGTON -- WASHINGTON (AP) -- The United States moved perilously closer to an economy-rattling default an...

Senate Rejects Democratic Plan To Extend Debt Ceiling Through Next Year

Posted 10.12.2013 | Politics

The Senate has rejected a Democratic plan to extend the debt ceiling through next year, the AP and Politico report. Senators met in a rare Saturday...

Sabrina Siddiqui

White House Rejects House GOP Debt Ceiling Offer | Sabrina Siddiqui | Posted 10.14.2013 | Politics

WASHINGTON -- House Republicans said Saturday that the White House has rejected their offer to temporarily increase the debt ceiling and open the gove...

GOP Reportedly Offers Debt Limit Hike, End To Shutdown In Package With Spending Cuts

Posted 10.11.2013 | Politics

House Republicans have offered an increase in the debt limit and an end to the government shutdown in a package with spending cuts, the AP reports. ...

Firms Using Fewer Treasury Bills On Default Fears

Reuters | Posted 01.23.2014 | Business

By Vidya Ranganathan SINGAPORE, Oct 11 (Reuters) - Some financial institutions are reducing the use of U.S. Treasury bills as collater...

Boehner To Ask House GOP For Short-Term Debt Ceiling Increase

Posted 10.10.2013 | Politics

House Speaker John Boehner (R-Ohio) will ask House Republicans for a short-term debt ceiling increase, the AP reports. Reports first surfaced Wedne...

Bachmann Makes Curious Claim About GOP

The Huffington Post | Paige Lavender | Posted 10.10.2013 | Politics

Rep. Michele Bachmann (R-Minn.) said House Republicans are "completely unified." During an appearance on CNN's "New Day," Bachmann addressed questi...

Howard Fineman

Crack Appears In Conservative Front Against Obama | Howard Fineman | Posted 10.10.2013 | Politics

WASHINGTON -- A crack appeared Wednesday morning in the conservatives' united front against President Barack Obama in the budget-and-borrowing crisis ...

Sabrina Siddiqui

Boehner: Obama Wants 'Unconditional Surrender' | Sabrina Siddiqui | Posted 10.09.2013 | Politics

WASHINGTON -- Less than two hours after President Barack Obama turned up political pressure on Republicans to reopen the government and raise the debt...

Jason Linkins

The Surreal Logic Of The Debt Ceiling Deniers | Jason Linkins | Posted 10.23.2013 | Politics

Over at Slate, Dave Weigel profiles the strangest subset of the debt ceiling hostage-taker caucus -- the members of the House GOP who seem to genuinel...

If Congress Doesn't Act The U.S. Goes To Hell On Halloween

The Huffington Post | Jillian Berman | Posted 10.08.2013 | Business

If the U.S. breaches the debt ceiling, Halloween is going to be truly terrifying this year. Though everyone is focused on October 17, the day the U...

What Gays Can Do With Money After It's Worthless

Brian Stone | Posted 02.02.2016 | Queer Voices
Brian Stone

With the debt ceiling approaching and the possibility of a global financial collapse, I think it's time that we talk about the bright side of things. For instance, what will we gay folk do with our useless cash? There are endless possibilities.

FLASHBACK: The Last Time We Breached The Debt Limit

The Huffington Post | Jillian Berman | Posted 10.08.2013 | Business

Here’s a little historical perspective on today’s political battles: The last time the nation breached the debt limit, it was a small accident and...

Buffett Compares Debt Ceiling Politics To Nuclear Bomb

The Huffington Post | Posted 10.08.2013 | Business

Republican leaders’ debt ceiling politics are a weapon of mass destruction of a different sort, according to Warren Buffett. The billionaire inv...

Jason Linkins

Fix The Debt Isn't Too Concerned About The Debt Ceiling Crisis | Jason Linkins | Posted 10.03.2013 | Politics

Over at Daily Intel, Kevin Roose poses a very interesting question in a piece titled, "Why Doesn’t Fix the Debt Try to Do Something About the Debt C...

Michael McAuliff

House Votes To Raise Debt Ceiling, Takes Its Pay Hostage Instead | Michael McAuliff | Posted 01.23.2013 | Politics

WASHINGTON -- The House of Representatives voted Wednesday to raise the nation's debt ceiling by an unspecified amount, suspending the federal governm...