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Debt Limit

Newt Gingrich Warns House GOP

The Huffington Post | Luke Johnson | Posted 01.04.2013 | Politics

Former House Speaker Newt Gingrich (R-Ga.) warned House Republicans not to hold the debt ceiling for political leverage Friday, contradicting Republic...

Why We Must Go Off The Platinum Coin Cliff

Bloomberg | John Barro | Posted 01.04.2013 | Politics

I'm glad to see Representative Jerrold Nadler lending his support to the idea that President Barack Obama should avert a debt-limit crisis by issuing ...

Jason Linkins

Can We Avert The Coming Debt Ceiling Crisis With A Magic Coin? | Jason Linkins | Posted 08.27.2013 | Politics

Because of the deal made on New Year's Day that averted the immediate impact of the so-called fiscal cliff, America will face a sequel to the debt cei...

Tough Fights Loom For New Congress

Posted 01.23.2014 | Politics

By DAVID ESPO, THE ASSOCIATED PRESS WASHINGTON — A new Congress opened for business Thursday to confront long-festering national problems, defici...

GOP, Obama Ready For 'Much Uglier' Fights

Reuters | Posted 03.04.2013 | Politics

* Debt ceiling, spending cuts will spark more fights * "Fiscal cliff" struggle a harbinger of things to come ...

Geithner: U.S. Has Hit Debt Limit

AP | CHRISTOPHER S. RUGABER | Posted 03.02.2013 | Politics

WASHINGTON — The U.S. government is running up against its $16.4 trillion borrowing limit and is taking steps to avoid default. Reaching the li...

Former GOP Sen. Opposes Debt Ceiling Tactic

The Huffington Post | Luke Johnson | Posted 12.31.2012 | Politics

Former Sen. Judd Gregg (R-N.H.) said Monday that the debt ceiling should not be used as leverage by Republicans in discussions on the so-called fiscal...

Zach Carter

Investors Not Worried By Fiscal Cliff Hype | Zach Carter | Posted 12.28.2012 | Business

WASHINGTON -- Over the past month, financial investors and speculators have largely shrugged off federal lawmakers' inability to avert the so-called f...

Standoff Reaching Looming Deadline With No Deal In Sight

Posted 12.27.2012 | Politics

By JIM KUHNHENN, THE ASSOCIATED PRESS WASHINGTON — Lawmakers are engaged in a playground game of "who goes first," daring each political party to...

Geithner: Debt Ceiling Will Be Reached Monday

The Huffington Post | Luke Johnson | Posted 12.26.2012 | Politics

U.S. Treasury Secretary Timothy Geithner said Wednesday that the nation's statutory debt limit will be reached on December 31 and the Treasury Departm...

Fiscal What?

Rick Horowitz | Posted 02.09.2013 | Politics
Rick Horowitz

Right to the brink! Or maybe not. ...

Mitch McConnell Blocks Vote On New Obama Power

Reuters | Posted 12.06.2012 | Politics

Senate Republican leader Mitch McConnell on Thursday prevented a simple majority vote on a proposal to give Democratic President Barack Obama unilater...

Can the President Raise the Debt Limit?

Michael S. Lofgren | Posted 02.05.2013 | Politics
Michael S. Lofgren

I am sure we have all had it up to here with breathless reporting about the fiscal cliff. But within a month or two after the December 31, 2012 deadline for resolving the cliff, there looms another, more serious economic issue: extending the debt limit.

Obama Demands Fix As GOP Holds Leverage

Posted 12.06.2012 | Politics

By JIM KUHNHENN, ASSOCIATED PRESS WASHINGTON — The political fight that took the nation to the verge of defaulting on its debts last year is back...

Treasury Endorses Crucial New Power For Obama

Reuters | Posted 02.04.2013 | Politics

WASHINGTON, Dec 5 (Reuters) - The U.S. Treasury said on Wednesday it wants Congress to adopt rules that would allow President Barack...

Obama Calls For No More 'Drama'

Reuters | Posted 02.04.2013 | Politics

WASHINGTON, Dec 5 (Reuters) - President Barack Obama will renew his case for tax hikes on wealthy Americans to avert a year-end fiscal crunch and ca...

Paul Krugman: 'This Is Going To Be Nightmarish'

The Huffington Post | Bonnie Kavoussi | Posted 12.04.2012 | Business

If you thought that political gridlock would end with the presidential election, think again. The next couple of years "seem likely to be one long ...

Debt Ceiling Fiasco Cost Taxpayers Billions

The Huffington Post | Bonnie Kavoussi | Posted 11.28.2012 | Business

Last summer's seemingly interminable debt-ceiling battle is going to cost taxpayers billions, according to a new report. All told, the political fi...

A Revealing Pre-Election Look at the Budget Deficit | Posted 01.05.2013 | Politics

It's hard to make a decision on a course of action with selectively presented data. I know this from my experience as a business owner and I've come to realize this as a voter during these past several election cycles.

Elise Foley

Mitt Romney Closing Argument: I'll Get A Debt Ceiling Deal | Elise Foley | Posted 11.02.2012 | Politics

WASHINGTON -- Republican presidential nominee Mitt Romney will attack the president for the debt ceiling during his "closing argument" in West Allis, ...

Debt Limit Looming

Reuters | Posted 12.31.2012 | Business

* U.S. Treasury's advisers say fiscal cliff hurting economy * U.S. still plans to issue floating-rate notes next year * ...

Sam Stein

The Unassuming Aide Who Has Obama's Ear | Sam Stein | Posted 01.10.2013 | Politics

WASHINGTON -- Last summer's debt ceiling negotiations demonstrated how political inhibition can often arise even in the face of economic catastrophe. ...

Jon Ward

President Obama Called Debt Limit Talks 'Bizarro World,' And New Bob Woodward Book Bears That Out | Jon Ward | Posted 09.11.2012 | Politics

WASHINGTON – If you'd like to feel ill, read Bob Woodward's new book, "The Price of Politics." The 379-page book, which comes out Tuesday and was...

Boehner Move Could Sink Economy

Bloomberg | Posted 05.29.2012 | Politics

Europe is crumbling....

Jennifer Bendery

John Boehner Not Going To Get His Way With Debt Ceiling Fight, Senior Administration Officials Say | Jennifer Bendery | Posted 05.22.2012 | Politics

WASHINGTON -- Senior administration officials said Tuesday that House Speaker John Boehner (R-Ohio) isn't going to win if he keeps up a fight about ty...