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Debt Limit

Elise Foley

Take Three: Boehner Plan Will Go For A Vote | Elise Foley | Posted 09.28.2011 | Politics

WASHINGTON -- House Republicans will hold a vote Friday on a revised plan to raise the debt ceiling and cut spending by $22 billion next year, Majorit...

Allen West Blasts Tea Party 'Schizophrenia'

Posted 09.28.2011 | Politics

Tea Party leaders announced Thursday that they will mount primary challenges against four freshmen Republicans who have declared their support for Joh...

Paul Blumenthal

Why Is It So Hard To Twist Arms For Votes These Days? | Paul Blumenthal | Posted 09.28.2011 | Politics

WASHINGTON -- The House Republican leadership is having a tough time twisting arms to get to 216 votes on the debt limit plan proposed by Speaker John...

Amanda Terkel

WATCH: Progressive Groups Launch Debt Ceiling Ad Campaign | Amanda Terkel | Posted 09.27.2011 | Politics

WASHINGTON -- With the nation less than a week away from the Aug. 2 deadline to raise the debt ceiling, a group of progressive and labor organizations...

Jennifer Bendery

Hoyer Backs Obama Using 14th Amendment To Resolve Debt Crisis | Jennifer Bendery | Posted 09.27.2011 | Politics

WASHINGTON -- House Minority Whip Steny Hoyer (D-Md.) on Wednesday night became the highest ranking Democratic leader to throw his support behind the ...

John Kerry: China 'Laughing All The Way To The Bank' Over Prospect Of U.S. Credit Downgrade

The National Memo | Posted 09.27.2011 | Politics

The global impact of the American debt crisis – and the likelihood of permanent damage to American interests – are already visible to Senator John...

Constitution Prohibits 'Deadbeat Nation'

Paul Abrams | Posted 09.27.2011 | Politics
Paul Abrams

One cannot brandish one's fealty to the Constitution and, at the same time, refuse to make the money available to pay our financial obligations. The latter is unconstitutional.

Sam Stein

John Boehner Yanks Debt Ceiling Bill, House Vote Postponed | Sam Stein | Posted 09.27.2011 | Politics

WASHINGTON -- House GOP leadership announced abruptly on Thursday evening that they were suspending a vote on Speaker John Boehner's (R-Ohio) debt cei...

Jennifer Bendery

WATCH: Democrats Pressure Obama To Use 14th Amendment To Raise Debt Ceiling | Jennifer Bendery | Posted 09.27.2011 | Politics

WASHINGTON -- With time running out and still no bipartisan debt deal in sight, a growing number of House Democrats are pressuring President Barack Ob...

Don't Fall for the GOP Lie: There Is No Budget Crisis -- There's a Job and Growth Crisis

Robert Reich | Posted 09.27.2011 | Politics
Robert Reich

That we're calling the current debate in Washington a "budget crisis" and worrying that if we don't "solve" it we can't pay our nation's bills is testament to how successful deficit hawks have been distorting the truth.

Elise Foley

Boehner: Downgrade Of U.S. Credit Rating 'Beyond My Control' | Elise Foley | Posted 09.27.2011 | Politics

WASHINGTON -- House Republicans are attempting to wash their hands of the debt limit on Thursday, claiming the Senate will be responsible for a defaul...

William Alden

Prospect Of U.S. Credit Downgrade Has Local Governments On Edge | William Alden | Posted 09.27.2011 | Business

NEW YORK -- For municipalities struggling to get their finances in order and for the professionals who oversee their investments, the battle being wag...

Elise Foley

Pelosi: New Plan Needed On Debt | Elise Foley | Posted 09.27.2011 | Politics

WASHINGTON -- House Democratic Leader Nancy Pelosi (D-Calif.) vowed on Thursday not to help Republicans pass their debt limit plant, arguing the leade...

Washington vs. America

Brent Budowsky | Posted 09.27.2011 | Politics
Brent Budowsky

Washington is an island drowning in its own self-interest, surrounded by a hurting and unhappy nation of deeply patriotic citizens who hunger for shared national purpose but find our politics to be sickening, insulting and corrupted.

Why The Debt Crisis Is More Severe Than Everyone Thinks

Business Week | Peter Coy | Posted 09.27.2011 | Business

There is a comforting story about the debt ceiling that goes like this: Back in the 1990s, the U.S. was shrinking its national debt at a rapid pace. S...

Boehner Debt Ceiling Bill Faces House Vote

AP/The Huffington Post | Posted 09.27.2011 | Politics

WASHINGTON (AP) -- House Republican leaders pleaded with their recalcitrant rank and file Thursday to back a plan to stave off an unprecedented govern...

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...

Elise Foley

John Boehner Debt Plan Cuts $915 From Deficit: CBO | Elise Foley | Posted 09.26.2011 | Politics

WASHINGTON -- One day after being rebuked for introducing a debt ceiling plan that fell short of the Tea Party's desired levels of cuts, House Speaker...

Michael McAuliff

GOP Sen. Bob Corker Disses Boehner, Praises Reid On Debt | Michael McAuliff | Posted 09.26.2011 | Politics

WASHINGTON -- Conservative Sen. Bob Corker (R-Tenn.) sounded Wednesday like he prefers the looks of the Democratic budget-cutting plan better than Ho...

Elise Foley

Tea Partiers To Republicans: 'Hold The Line' Against Debt Ceiling Deal | Elise Foley | Posted 09.26.2011 | Politics

WASHINGTON -- In the midst of tense negotiations over the nation's debt ceiling, an all-star cast of Republican lawmakers addressed a Tea Party rally ...

A Washington Credibility Downgrade

Neil Barofsky | Posted 09.26.2011 | Business
Neil Barofsky

Treasury's warnings raise two important questions. Why has it served up visions of the apocalypse time and again and what have been the costs of it being wrong?

Debt Ceiling Rap: U.S. Debt 'More Unsustainable Than My Rap Career'

The Huffington Post | James Sunshine | Posted 09.26.2011 | Business

With debt ceiling negotiations at a near standstill, and the August 2 deadline drawing ever closer, what was once thought impossible has already occur...

The Debt Ceiling vs. the Job Ceiling in South LA: Lift Both Now

Laphonza Butler | Posted 09.26.2011 | Los Angeles
Laphonza Butler

The real ceiling is in South Los Angeles, where the lack of jobs continues to hurt our communities with the continued overall rise in unemployment.

Reduce the Debt Limit?

Joe Minarik | Posted 09.26.2011 | Politics
Joe Minarik

In this light, to be logically consistent on principle, anyone who opposes increasing the debt limit today should in 2001 similarly have opposed President Bush's tax cuts.

Jennifer Bendery

House Democratic Leaders To Obama: Use The 14th Amendment | Jennifer Bendery | Posted 01.23.2014 | Politics

WASHINGTON -- House Democratic leaders emerged from a Wednesday caucus meeting with a message for President Barack Obama: Invoke the Constitution to r...