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Debt Ceiling Deal

Fat Cat Pledge: "I Will Pay Higher Taxes"

Carla Seaquist | Posted 10.08.2011 | Politics
Carla Seaquist

In a rare kind of largesse, various of his wealthy backers backers told Cantor that, contrary to Republican dogma, they could support paying higher taxes. On behalf of that middle class, and the working class too: We accept, we accept!

How Republican ‘Young Guns’ Created An Epic Clash

The Washington Post | Brady Dennis, Alec MacGillis & Lori Montgomery | Posted 10.07.2011 | Politics

It was the natural outgrowth of a years-long effort by GOP recruiters to build a new majority and reverse the party's fortunes. That effort began befo...

Sunday Roundup

Arianna Huffington | Posted 10.06.2011 | Politics
Arianna Huffington

This week, the United States had its credit rating downgraded from AAA to AA-plus, making our nation the financial equivalent of the short, fat, bald, masked guy in those commercials. In announcing the downgrade, Standard & Poor's cited "the difficulties of bridging the gulf between the political parties" over reducing the deficit, and indicated they wanted even more spending cuts from Congress -- joining the misguided consensus that completely misses the fact that economic growth is the most powerful weapon against the deficit. The White House challenged S&P's analysis, claiming it was off by trillions of dollars. Maybe the ratings agency was using the same math it had when it helped create the fiscal crisis we are still struggling to get out of by awarding AAA ratings to trillions of dollars in subprime mortgages repackaged as securities.

Women Hurt Most by Debt Deal Cuts to Medicare, Social Security, Tuition Aid (VIDEO)

Democracy Now! | Posted 10.05.2011 | Women
Democracy Now!

The debt ceiling agreement reached this week by the White House and Congress could deal a serious blow to women's well-being, according to leading women's rights groups.

What Dr. King's Speech Might Have Sounded Like Today

Rep. Jesse Jackson Jr. | Posted 10.05.2011 | Black Voices
Rep. Jesse Jackson Jr.

It would be fatal for the nation to overlook the urgency of the moment. This sweltering summer of American's legitimate discontent will not pass until there is an invigorating autumn of jobs and equality.

Super Committee Offers A Glimmer Of Debt Deal Hope

National Journal | Ronald Brownstein | Posted 10.04.2011 | Politics

Already, the smart money in Washington is betting that the congressional super committee created by this week’s debt-ceiling deal to develop a plan ...

How John Boehner Got The Votes For The Debt Ceiling Deal

AP | By LARRY MARGASAK | Posted 10.04.2011 | Politics

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...

Jason Linkins

RNC Is Suddenly Upset At Obama For Proposing Medicare Cuts That The RNC Wants | Jason Linkins | Posted 10.04.2011 | Politics

Over the course of the debt ceiling negotiations, whenever news broke that entitlement cuts were being put "on the table," you could typically rely on...

Sam Stein

DNC Memo: Political Pundits Got Debt Ceiling Scorecard Wrong | Sam Stein | Posted 10.04.2011 | Politics

WASHINGTON -- The rush to frame the winners and losers in the debt ceiling deal stands in stark contrast to the protracted negotiations over the debt ...

America Deserves a Better Deal

Rep. John Conyers | Posted 10.04.2011 | Black Voices
Rep. John Conyers

The American people need to send a message to the members of the deficit reduction commission, whoever they may end up being, that they need to prioritize the preservation of Medicare, Medicaid, and Social Security.

The Opportunity Provided by the "Deal" Debacle

Jay Mandle | Posted 10.04.2011 | Business
Jay Mandle

The right's success rests on one very solid foundation. The American people do not trust their government to serve their interests.

Poll Has Bad News For Obama

AP | By BRENT KALLESTAD | Posted 10.04.2011 | Politics

TALLAHASSEE, Fla. -- President Barack Obama is losing support among Florida voters, especially among independents, a poll released Thursday shows. Fi...

Pentagon Chief Warns Against 'Dangerous' Budget Cuts

Posted 10.04.2011 | Politics

By PAULINE JELINEK, Associated Press WASHINGTON -- Silent for days amid the Capitol Hill debt standoff, the Pentagon has finally thrown down a mark...

Arianna: Obama Needs 'Therapy' To Explain Debt Deal

Huff TV | Posted 10.03.2011 | Politics
Huff TV

Arianna appeared on the Wednesday edition of MSNBC's 'The Last Word With Lawrence O'Donnell', sharing her views on President Obama's role in the natio...

How Washington Took U.S. To The Brink In Debt Fight

Reuters | Posted 10.03.2011 | Politics

WASHINGTON (Reuters) - The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner ...

Jason Linkins

Q&A: What Does The Debt Ceiling Deal Mean For Ordinary Americans? | Jason Linkins | Posted 10.03.2011 | Media

Over the past few days, the media has frothed over their horse-race traditions, pleasuring themselves with the question of who "won" the debt ceiling debate. Left out of the conversation, as per usual, are ordinary Americans.

The Moral Default

Jim Wallis | Posted 10.03.2011 | Religion
Jim Wallis

The debate we have just witnessed has shown Washington, D.C. not just to be broken, but corrupt. The American people are disgusted watching politicians play political chicken with the nation's economy and future. In such a bitter and unprincipled atmosphere, whoever has the political clout to enforce their self-interest and retain their privileges wins the battles. But there are two casualties in such political warfare: the common good and the most vulnerable.

Debt Deal Puts States Back in Clean Energy Driver's Seat

Lewis Milford | Posted 10.03.2011 | Green
Lewis Milford

As Washington conducts a slash and burn campaign to gut clean energy and environmental programs, the states are acting more responsibly.

Obama Taking The Show On The Road

Posted 10.03.2011 | Politics

WASHINGTON (AP/The Huffington Post) -- The bruising debt fight behind him for now, President Barack Obama is planning a Midwest bus tour later this mo...

This Summer of Our Discontent Emboldens Activists Nationwide

Pearl Korn | Posted 10.03.2011 | Politics
Pearl Korn

Those lazy, hazy summer days of relaxing and thinking about traveling to far-off destinations is but a distant memory this year as we have been shocked back to brutal reality by the theatre of the absurd being played out in the debt ceiling fight in our nation's capitol.

Bill Gross: U.S. Is At The 'Tipping Point' Of Recession

The Huffington Post | Alexander Eichler | Posted 10.03.2011 | Business

The economy hasn’t slipped into recession yet, but it may be at a “tipping point,” according to Bill Gross, co-chief investment officer of the f...

Tim Geithner: Debt Deal 'A Powerful Mechanism For Agreement'

The Washington Post | Timothy Geithner | Posted 10.03.2011 | Business

The agreement creates room for the private sector to continue to grow, without the threat of default and the burden of higher interest rates....

U.S. Private Employers Add More Jobs Than Expected In July: ADP

Posted 10.03.2011 | Business

NEW YORK (Reuters) - Private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed on We...

Debt Ceiling Deal A Setback For Obama -- But He May Have An Ace To Play

Posted 10.03.2011 | Politics

By Steve Holland WASHINGTON -- President Barack Obama suffered a defeat in the battle over raising the U.S. debt limit that may have repercussi...

U.S. Default Fears Drove 401(k) Investors Away From Stocks

AP | By DAVID PITT | Posted 10.03.2011 | Business

-- Workers with 401(k) accounts, fearing another drop in their savings similar to 2008, shifted investments from stocks to less volatile bond funds i...