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Debt Limit

Here's The Full Text Of The Senate CR Debt Ceiling Deal

The Huffington Post | Posted 10.16.2013 | Politics

Senate leaders unveiled a deal Wednesday to reopen the government and avoid a potential debt default. Below, the full text of the deal: Senate C...

Today's Budget Agreement Reaffirms an Important Principle

Bob Greenstein | Posted 12.16.2013 | Politics
Bob Greenstein

The budget agreement that Senate leaders announced today marks an important victory for the principle that shutting down the government and threatening national default aren't acceptable ways for either party to pursue policy concessions and should always be rejected.

Take Courage for the Common Good, Reopen Government, Prevent Debt Default

Rabbi Arthur Waskow | Posted 01.23.2014 | Religion
Rabbi Arthur Waskow

Yesterday (Oct 15), more than 70 prominent religious leaders joined with locked-out federal workers in a pilgrimage on Capitol Hill to urge an immediate end to the government shutdown and urgent passage of laws to prevent a default on the U.S. debt.

Obama Praises Senate Deal

Posted 10.16.2013 | Politics

White House press secretary Jay Carney said Wednesday that President Barack Obama is pleased with the deal on the government shutdown and debt ceiling...

Michael McAuliff

Senate Deal Reached, As Boehner Concedes Defeat

HuffingtonPost.com | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- Senate leaders unveiled a deal Wednesday to reopen the government and avoid a potential debt default that does virtually nothing to Obam...

Senate Announces Shutdown, Debt Ceiling Deal

Posted 10.16.2013 | Politics

Senate Majority Leader Harry Reid (D-Nev.) announced Wednesday that he and his Republican counterpart Mitch McConnell (Ky.) have reached a deal to end...

GOP Debt Ceiling Truthers Want You To Listen To Them, Not The Experts. What Could Go Wrong?

The Huffington Post | Nick Wing & Shadee Ashtari | Posted 10.16.2013 | Politics

There's still hope that catastrophe could be averted as a deal to raise the debt ceiling gains traction in Congress, even among Republicans who have a...

Michael McAuliff

Boehner Prepared To Move Deal

HuffingtonPost.com | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- House Speaker John Boehner (R-Ohio) is ready to take up the Senate deal to end the fiscal standoff, with less than a day before a potent...

Congress Shouldn't Raise the 'Debt Limit' -- It Should Repeal It

Scott Lilly | Posted 01.23.2014 | Politics
Scott Lilly

The "debt-limit" resolution purports to be something that it clearly is not -- a tool for shaping and redefining the nation's fiscal policy -- and, in reality, plays a totally nonsensical role.

Stocks Rise On Debt Deal Hopes

Reuters | Posted 10.16.2013 | Business

NEW YORK (Reuters) - Stocks surged on Wednesday on optimism that lawmakers, with time running out, would agree on a deal to prevent a U.S. debt defaul...

Tea Party ... WINNING!

Shan Wells | Posted 12.16.2013 | Denver
Shan Wells

2013-10-16-Screenshot20131016at9.10.01AM.jpg

Shutdown Talks Continue As Default Looms

The Huffington Post | Posted 10.16.2013 | Politics

The government is still shut down, and lawmakers are working toward a last-minute deal to avert a federal default. According to the AP, many lawmak...

Warren Buffett: 'Creditworthiness Is Like Virginity'

AP/HuffPost | Posted 12.16.2013 | Business

OMAHA, Neb. -- OMAHA, Neb. (AP) -- Billionaire Warren Buffett says it would be idiocy for the nation's leaders to allow the United States to default o...

Ashley Alman

Boehner Tells Reid He'll Move Quickly: Report

HuffingtonPost.com | Ashley Alman | Posted 10.15.2013 | Politics

The office of Speaker Boehner told the office of Majority Leader Harry Reid's on Tuesday night that they would be willing to send them a "message" so ...

'He Can't Control His Caucus'

Reuters | Posted 01.23.2014 | Politics

(Updates with more quotes, background) By Steve Holland and Mark Felsenthal WASHINGTON, Oct 15 (Reuters) - President Bar...

Sabrina Siddiqui

Senate Budget Deal 'Imminent' After After House Fails

HuffingtonPost.com | Sabrina Siddiqui | Posted 10.16.2013 | Politics

WASHINGTON -- Moments after House Republicans failed to advance a plan to end the government shutdown and avert default, Senate leaders took matters b...

Michael McAuliff

GOP Rep: 'This Party Is Going Nuts'

HuffingtonPost.com | Michael McAuliff | Posted 10.16.2013 | Politics

A sizable contingent of more moderate Republicans have watched with alarm as their party has been commandeered by tea party members and right-wing act...

Michael McAuliff

Conservatives Sink House Debt Deal

HuffingtonPost.com | Michael McAuliff | Posted 10.16.2013 | Politics

WASHINGTON -- Conservative tea party-aligned groups shot down House Republicans' ill-starred proposal to keep the government open Tuesday, forcing GOP...

Blue Collar Robots Steal Green Jobs

William S. Becker | Posted 01.23.2014 | Technology
William S. Becker

There's good news and bad news these days for the solar energy industry and its workers. The good news: Some enterprising companies are planning to re...

Senate Talks Stalled Pending House Action, Dem Says

Reuters | Posted 12.15.2013 | Politics

WASHINGTON, Oct 15 (Reuters) - U.S. Senate negotiations to lift the U.S. debt limit and reopen the federal government were suspended on Tuesday unti...

Risky Business: Corporate Leaders Bemoan Tea Party Default Crisis Created By Their Own Donations

Joe Conason | Posted 01.23.2014 | Politics
Joe Conason

Yes, the frightened corporate leaders surely know how this happened -- because their money funded the Tea Party candidates and organizations responsible for the crisis.

Sam Stein

Details Of New House Shutdown Bill Revealed

HuffingtonPost.com | Sam Stein | Posted 10.15.2013 | Politics

In a closed-door meeting on Tuesday morning, House Republican leadership decided to put out its own debt limit and government funding bill, rather tha...

Senate Inches Closer To A Deal

Reuters | Posted 12.14.2013 | Politics

By Richard Cowan and Thomas Ferraro WASHINGTON, Oct 14 (Reuters) - U.S. senators said they were closing in on a deal Monday that would...

Palin Accuses Obama Of 'Impeachable Offenses'

Posted 10.15.2013 | Politics

Former Alaska governor and Republican vice presidential candidate Sarah Palin took to Facebook on Monday to accuse President Barack Obama of toying wi...

Michael McAuliff

GOP Members Back Simple Solution Leaders Won't Embrace

HuffingtonPost.com | Michael McAuliff | Posted 10.14.2013 | Politics

WASHINGTON -- Time is running out, but there's still a simple solution to the twin fiscal terrors Congress seems intent on inflicting on America: Just...