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Debt Ceiling Talks

The Debt Ceiling Crisis: Approaching the Witching Hour

Geoffrey R. Stone | Posted 09.29.2011 | Politics
Geoffrey R. Stone

What is the relevance of section 4 of the 14th Amendment to the current crisis? What it seems to say is that the government must honor all public debt "authorized by law." This suggests that non-payment of our existing debt is not a constitutionally-permissible option for the president.

Michael McAuliff

Harry Reid's Debt Ceiling Bill Puts His Cards On The Table | Michael McAuliff | Posted 09.28.2011 | Politics

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

LIVE UPDATES: Debt Ceiling Deadline Looms, Default At Stake

AP/The Huffington Post | Posted 09.28.2011 | Politics

WASHINGTON — White House and congressional negotiators sought on Sunday to reassure the nation that they would beat a Tuesday deadline for averting ...

It's Time To Suck It Up And Pay Our Bill

Alec Baldwin | Posted 09.28.2011 | Politics
Alec Baldwin

Americans are caring. And what those who are opposed to raising the debt ceiling are essentially attempting to do is insist that we stop caring.

Washington Woes and the Problem of the Parrot

David Coates | Posted 09.28.2011 | Politics
David Coates

If the general American public is left with the view that this debt ceiling crisis was and is a product of Washington "politics-as-usual", as opposed to an unprecedented exception, then the right will already have won, no matter the detail of any compromise that is struck.

Despite Criticism, Tea Party Finds Moment Of Triumph In Contentious Debate

Reuters | Posted 09.28.2011 | Politics

By Tom Brown MIAMI (Reuters) - They have been accused of holding Washington hostage by pushing the United States to the brink of a damaging debt de...

Michael McAuliff

Senate Debt Bill Poised To Take U.S. To Edge Of Default | Michael McAuliff | Posted 09.28.2011 | Politics

WASHINGTON -- Senate Democrats think they see a path to raising the nation's debt ceiling, but it will literally take the country down to the wire -- ...

The Middle East and the Debt Ceiling Conflict -- The Similarities and Challenges of Ideological Conflicts

Doug Noll | Posted 09.28.2011 | Politics
Doug Noll

Those of us outside of Washington D.C. are faced with potential disaster if our elected representatives cannot compromise on debt ceiling limits. The ...

Unlikely Winner In The Debt Battle

AP | By JOELLE TESSLER | Posted 09.28.2011 | Technology

WASHINGTON -- The debt ceiling battle could produce an unlikely winner: smartphone users. Senate Majority Leader Harry Reid's current plan would dire...

Uncertainty Looms Large In Debt Ceiling Debate

AP | DAVID ESPO | Posted 09.28.2011 | Politics

WASHINGTON — In an unforgiving display of partisanship, the Republican-controlled House approved emergency legislation Friday night to avoid an ...

From The Outside Looking In: How The Debt Debate Could Affect You

Posted 09.27.2011 | Politics

Amid the fallout in Washington over plans to raise the debt ceiling, local leaders and residents from across the country have something to say about t...

Jason Linkins

CNN Reporters Encounter Ordinary Americans In The Wild, Are Confused To Learn They Aren't Also Obsessed With Beltway Kabuki Play | Jason Linkins | Posted 09.27.2011 | Media

We should probably applaud CNN for recently doing something unique among American cable news media -- they actually made an effort to find out what life is like for actual Americans, instead of creating a bunch of hodgepodge panels out of political strategists to expel balloon juice from their word holes. In the most recent case, the most trusted name in news dispatched a reporter to chat up some senior citizens in Pasadena, California. That's a nice start! But there's room for improvement here: The CNN reporters and anchors could try actually listening to what their interview subjects are telling them.

Announcing the Arnold Palmer Party -- A Delightfully Refreshing Political Alternative

Rob Densen | Posted 09.27.2011 | Comedy
Rob Densen

Let's reclaim the political conversation. We can do this, America. Join us. Because, after all, what's a party without a beverage?

We Need a Prune Juice Party to Advocate for Seniors and Entitlements

Larry Atkins | Posted 09.27.2011 | Politics
Larry Atkins

The debt ceiling negotiations debacle should serve as a wake up call to seniors and seniors-to-be. It's clear that the Tea Party has positioned the Re...

Jason Linkins

If Pretend Debt Ceiling Negotiations Lead To Downgrade, Credit Card Users Get Hit First | Jason Linkins | Posted 09.27.2011 | Politics

It's all fun and games until the nation's credit rating is downgraded from it's current AAA status. And if that happens, you want to know who the first people to take the hit are? Well, they are the very same people who have made an effort to spend responsibly since the financial collapse.

Tea Party-Backed Rep Fires Up GOP: 'Knock The Sh** Out Of 'Em'

Slate | David Weigel | Posted 09.27.2011 | Politics

Republicans poured out of today's conference meeting with stories of "momentum" for the debt plan backed by the Speaker of the House. ...

Why Business Owners Aren't Hiring

Brian Hamilton | Posted 09.27.2011 | Business
Brian Hamilton

Small business represents 64 percent of net new jobs for the past 15 years, but -- in spite of their profits and growth -- small businesses haven't been hiring lately, according to the still-elevated unemployment rate.

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

AP | By HENRY C. JACKSON | Posted 09.27.2011 | Politics

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

LIVE UPDATES: Debt Ceiling Deadline Looms

AP/The Huffington Post | Posted 09.26.2011 | Politics

Neither the House nor the Senate had a clear path forward for must-pass legislation to allow the government to continue to borrow to pay its bills, pu...

Jason Linkins

Rep. Paul Broun Highlights Plight Of Country Club Members In Debt Ceiling Kabuki Play | Jason Linkins | Posted 09.26.2011 | Politics

Everyone at the center of the fake negotiations over the fake debt ceiling crisis has their own bad metaphor that they use to describe what the "conse...

Congress Needs to Do Its Job: Pay America's Bills, Put Americans Back to Work

Heather McGhee | Posted 09.26.2011 | Politics
Heather McGhee

Millions of Americans were thrown out of work because of forces beyond of their control in 2008. It should be unthinkable for any leader to threaten to intentionally revisit that suffering on more Americans for political gain, and yet that is where we are.

Is an 8-48 Hour Default the Least Bad Option?

Miles Mogulescu | Posted 09.26.2011 | Politics
Miles Mogulescu

Allowing the August 2nd deadline go by without legislation passed by Congress and signed by the president to raise the debt ceiling (with severe spending cuts included in such legislation) may be the least bad option left on the table.

For God's Sake, President Obama, Invoke the 14th Amendment and End This Madness in Washington

Jay Weston | Posted 09.26.2011 | Los Angeles
Jay Weston

Yes, Mr. President, it IS time for the Founding Fathers of the nation to come to your -- and our -- rescue. Do it! Today!

Paul Blumenthal

Major Conservative Groups Divided On Boehner Debt Limit Plan | Paul Blumenthal | Posted 09.25.2011 | Politics

WASHINGTON -- In the home stretch of the debt limit debate, two of the biggest conservative groups have opened a fissure on the Republican side of the...

Self-Criticism: A New Habit of Mind

Carla Seaquist | Posted 09.25.2011 | Politics
Carla Seaquist

Once again we do the rigid Kabuki dance, leading once again to political stalemate -- this time over raising the federal debt ceiling. Even with the ...