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Debt Limit Default

Obama Warns Of Default Without GOP Support

AP | Posted 10.14.2013 | Politics

By THE ASSOCIATED PRESS WASHINGTON -- WASHINGTON (AP) — President Barack Obama says that if Republicans can't resolve the standoff over the debt ...

Tom Coburn: 'There's No Such Thing As A Debt Ceiling'

The Huffington Post | Luke Johnson | Posted 10.07.2013 | Politics

Sen. Tom Coburn (R-Okla.) said Monday there was "no such thing" as the debt ceiling. If it is not raised, he added, the United States will not default...

Debt-Limit Chicken

Paul Stoller | Posted 07.17.2011 | Politics
Paul Stoller

Even though the possibility of a federal government default is an issue with potentially catastrophic consequences, GOP leaders in the House and the Senate seem to be playing politics with the debt ceiling.