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Debt Limit

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.

GOP Senator: Bipartisan Deal In Hand To Reopen Government, Avoid Default

AP | Posted 10.16.2013 | Politics

WASHINGTON (AP) — A Republican senator says she understands Senate leaders have reached an agreement to avoid a Treasury default and reopen the gove...

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


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 | 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 | 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' | 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 | 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...

House To Vote Tuesday Night On Shutdown, Debt Ceiling Bill

AP | Posted 10.15.2013 | Politics

BY THE ASSOCIATED PRESS WASHINGTON (AP) -- A spokesman for Speaker John Boehner says the House will vote Tuesday night on legislation that would 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...

The Competing Plans To Avoid Debt Ceiling Disaster

AP | Posted 12.15.2013 | Politics

WASHINGTON -- WASHINGTON (AP) — A comparison of tentative House and Senate plans for ending the government shutdown and extending the federal debt l...

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 | 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...

Obama's Second-Term Agenda Takes A Hit

AP | JULIE PACE | Posted 10.15.2013 | Politics

WASHINGTON -- WASHINGTON (AP) — For President Barack Obama, the outcome of this week's fiscal fights with Republicans could have broad consequences ...

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 Monda...

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 | 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...

Reid, McConnell Optimistic On Debt Ceiling, Shutdown Deal

AP | Posted 10.14.2013 | Politics

BY DONNA CASSATA, THE ASSOCIATED PRESS WASHINGTON (AP) — The Senate's top two leaders both expressed optimism Monday that they were closing in on...

Southern Democrats Careful On Government Shutdown

AP | BILL BARROW | Posted 10.14.2013 | Politics

ATLANTA -- ATLANTA (AP) — In the tempest over shutdown politics, Louisiana Sen. Mary Landrieu stands out among Southern Democratic candidates with h...

First U.S. Default Ever? Not So Much.

AP | CONNIE CASS | Posted 10.14.2013 | Politics

WASHINGTON -- WASHINGTON (AP) — You hear a perfect record cited over and over in the debt limit debate: The United States has never defaulted. Bette...

Perry: We Need 'Less Of Washington'

The Huffington Post | Paige Lavender | Posted 10.14.2013 | Politics

Texas Gov. Rick Perry (R) will appear in ads criticizing the dysfunction in Washington, D.C. and praising the work of conservative governors, Politico...