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Debt Limit

Prioritizing Debt Payments Would Be 'Deeply Disruptive, S&P Says

Posted 09.26.2011 | Business

Prioritizing U.S. debt payments to avoid a default would be "deeply disruptive" to the economy, Standard & Poor's global head of sovereign ratings sai...

Compromise Is Not a Dirty Word

Madeleine M. Kunin | Posted 09.26.2011 | Politics
Madeleine M. Kunin

Compromise, contrary to popular opinion, does not mean selling out one's principles. Compromise means working out differences to forge a solution which fits the diversity of the body politic.

How A Ratings Downgrade Would Affect American Life

The New York Times | Tara Siegel Bernard | Posted 09.26.2011 | Business

This is not yet one of those stuff-your-money-in-a-mattress moments. Still, the talk in Washington of a federal budget crisis and possible default ...

Sam Stein

Boehner's Debt Ceiling Plan Falls Short, CBO Finds | Sam Stein | Posted 09.25.2011 | Politics

WASHINGTON -- The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of te...

Jennifer Bendery

Congressional Republicans Put On Notice By Conservative Base | Jennifer Bendery | Posted 09.25.2011 | Politics

WASHINGTON -- The Tea Party is causing more headaches for Speaker John Boehner (R-Ohio) over his debt proposal. A coalition of several hundred Tea ...

Whatever Happened to Jobs?

Dave Helfert | Posted 09.25.2011 | Politics
Dave Helfert

Once again, the Republicans have changed the conversation away from job creation.

What World Leaders Think About The U.S. Debt Ceiling Debate

Posted 09.25.2011 | Politics

As Washington struggles to find compromise on its way to a debt ceiling deal, international leaders have spoken out on the U.S. debt situation and the...

Emily Swanson

Obama Polls: Economy Drags Down The President And Congress | Emily Swanson | Posted 09.25.2011 | Politics

As Washington has debated what to do about the debt ceiling, Americans have increasingly soured on the leaders of both parties. Two new national surve...

Throw the Bastards Out: Our Politicians Fail Us on the Debt Ceiling

Meredith Bagby | Posted 09.25.2011 | Politics
Meredith Bagby

For months, the failure of leadership has been plentiful. And now, in our in final days, compromise is scarce.

Debt Talks: As Positions Change By The Moment, Even Lobbyists Struggle To Keep Up

The Washington Post | Hide This | Posted 09.25.2011 | Politics

In one television commercial that began airing last week, a woman talks up the benefits of “Spenditol,” Washington’s miracle drug to fix all pro...

Ryan Grim

Super Congress Moves Forward Despite Tea Party Opposition | Ryan Grim | Posted 09.24.2011 | Politics

WASHINGTON -- A powerful coalition that includes Tea Party members of Congress rejected a debt ceiling offer from House Speaker John Boehner (R-Ohio) ...

Republican Debt Ceiling Tactics Hold National Interest Hostage

Peter S. Goodman | Posted 09.24.2011 | Business
Peter S. Goodman

In any reasonable negotiation, both sides can assume that certain outcomes can safely be ruled out, chief among them the possibility that one party wi...

Jennifer Bendery

UPDATE: Tea Party Coalition Rejects Boehner's Debt Proposal | Jennifer Bendery | Posted 09.24.2011 | Politics

UPDATE: 4:10 p.m. -- A coalition of Tea Party chapters and conservative lawmakers on Monday rejected the debt proposal put forward by Speaker John Boe...

Captain America Could Strike a Budget Deal

Jim Moret | Posted 09.24.2011 | Politics
Jim Moret

The millions of Americans struggling to find work, keep their homes and support their families, and the millions more who are worried about their financial futures and those of their children, are looking for a real hero to save them.

Sam Stein

Harry Reid's Debt Proposal Will Leave Entitlement Benefits Untouched | Sam Stein | Posted 09.24.2011 | Politics

WASHINGTON -- Senate Majority Leader Harry Reid's (D-Nev.) $2.7 trillion debt ceiling proposal will not include reforms to the benefit structure of en...

William Alden

Stocks Lurch Without Debt Deal | William Alden | Posted 09.24.2011 | Business

This story has been updated. NEW YORK -- With just over a week left before the federal government is set to exhaust its borrowing authority, financ...

Al Franken Blasts Republicans Over Debt Ceiling Talks

Posted 09.24.2011 | Politics

On July 7, Sen. Al Franken (D-Minn.) took to the Senate floor to remind his colleagues and the public what is at stake in the debt ceiling fight, and ...

Jennifer Bendery

Reid Pitches Final Deficit Deal Without Revenues | Jennifer Bendery | Posted 09.23.2011 | Politics

WASHINGTON -- After another round of failed negotiations with Republicans over the weekend, Senate Majority Leader Harry Reid (D-Nev.) on Sunday night...

Amanda Terkel

GOP Tries To Set Stage For Short-Term Debt Deal | Amanda Terkel | Posted 09.23.2011 | Politics

WASHINGTON -- Republicans tried to set the stage for a short-term agreement to raise the debt ceiling on Sunday, even as Democrats continued to insist...

Amanda Terkel

Tim Geithner Mum On How U.S. Is Preparing For Default | Amanda Terkel | Posted 09.23.2011 | Politics

WASHINGTON -- Treasury Secretary Tim Geithner said in three talk show appearances Sunday he was still confident Congress and the administration would ...

Jennifer Bendery

Obama: Debt Ceiling Talks Fell Apart, Boehner Walked Out | Jennifer Bendery | Posted 09.21.2011 | Politics

WASHINGTON -- Social Security and Medicare may have been saved by the Tea Party's refusal to accept President Barack Obama's "grand bargain." On Fr...

Debt Ceiling Deadline Might Be August 10, Not August 2: Report

The Huffington Post | Alexander Eichler | Posted 09.21.2011 | Business

For months, markets have been girding themselves against the possibility that the U.S. will reach the limits of its borrowing ability on August 2 and ...

Debt Ceiling Talks Collapse

AP/The Huffington Post | Posted 09.21.2011 | Politics

Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to s...

Elise Foley

Nancy Pelosi Lays Out How Dems Can Claim $2.5 Trillion In Cuts | Elise Foley | Posted 09.21.2011 | Politics

WASHINGTON -- Suddenly thrust into a crucial role in the debt ceiling negotiations, House Democratic leaders on Friday continued to insist that their ...

John Boehner: 'There Is No Deal' On Debt Ceiling, Democrats Have 'Done Nothing'

AP/The Huffington Post | Posted 09.21.2011 | Politics

WASHINGTON (AP/The Huffington Post) -- Speaker John Boehner declared Friday that the House has "done its job" toward resolving the impasse over raisin...