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Debt Limit

GOP Eyes New Debt Limit Demands

The Washington Post | Posted 05.16.2013 | Politics

While much of Washington was enthralled by Benghazi e-mails and the IRS scandal, House Republicans began quietly planning their strategy for the next ...

A Lost Age of Fiscal Heroes? Not So Much.

Joseph J. Thorndike | Posted 07.10.2013 | Politics
Joseph J. Thorndike

The debate over fiscal responsibility has been muddled by the Great Recession; inevitably, perhaps, arguments over long-term fiscal problems have been conflated with debates over short-term recovery programs. Both debates have suffered terribly as a consequence.

Michael McAuliff

House Passes Bill To Pay Only Some U.S. Debts | Michael McAuliff | Posted 05.10.2013 | Politics

WASHINGTON -- The House passed a measure Thursday that would amount to the rough equivalent of declaring bankruptcy for the United States, directing t...

House Set To Vote On 'Unwise' Debt Measure

AP | Posted 07.09.2013 | Politics

BY ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON -- The Republican-controlled House is moving to put U.S. bondholders and people on Social Securit...

Obama's 'Permission Structure' May Be Last Shot For Big Deal

Talking Points Memo | Posted 05.03.2013 | Politics

When legislation that would have extended criminal background check requirements for gun buyers failed in the Senate two weeks ago, opinion makers beg...

House GOP Readies For Debt Showdown

AP | STEPHEN OHLEMACHER | Posted 06.24.2013 | Politics

WASHINGTON — Get ready for another debt showdown this summer. House Republicans are preparing for one. The House Ways and Means Committee passe...

Sabrina Siddiqui

Boehner Sets Up Showdown On Debt Ceiling | Sabrina Siddiqui | Posted 03.21.2013 | Politics

WASHINGTON -- House Speaker John Boehner (R-Ohio) laid down a tough requirement for raising the debt ceiling Thursday, all but ensuring a reprise of t...

McConnell: We'll Drag Obama 'Kicking And Screaming' To Table

The Huffington Post | Michael McAuliff | Posted 03.20.2013 | Politics

WASHINGTON -- Senate Minority Leader Mitch McConnell foreshadowed a new fight over the nation's borrowing limit this summer, saying Tuesday that the o...

When Tax Avoidance Crosses the Line

Christopher Bergin | Posted 05.12.2013 | Politics
Christopher Bergin

With the economy showing signs of recovery, it's high time that our federal lawmakers move beyond these self-induced crises and begin to talk about tax reform that can help taxpayers move forward with a clear understanding of how the tax code works and how much they owe.

Obama, GOP Brace For Next Fight

AP | JOSH LEDERMAN | Posted 03.02.2013 | Politics

WASHINGTON -- Severe spending cuts now the law of the land, President Barack Obama and congressional Republicans refused Saturday to concede any culpa...

Sabrina Siddiqui

Senate Approves Vital Measure On Debt Limit, Next Stop: Sequestration | Sabrina Siddiqui | Posted 01.31.2013 | Politics

WASHINGTON -- The U.S. Senate voted Thursday to pass a short-term suspension of the debt limit, warding off another showdown over raising the nation's...

Sabrina Siddiqui

From Fiscal Cliff To Debt Ceiling, Congress Governs From Crisis To Crisis | Sabrina Siddiqui | Posted 01.25.2013 | Politics

WASHINGTON -- Republicans are casting the latest battle over the nation's debt ceiling as a bid to win certainty in America's budget-making. But to De...

Poll Finds Strong Opposition To Cuts To Key Programs

Reuters | Posted 03.26.2013 | Politics

* Most Americans want deficit reduction in near term * Opposition to cuts in education, Social Security, Medicare * Publ...

GOP Senator Slams House For Letting America 'Become Europe'

The Huffington Post | Gabrielle A. Dunkley | Posted 01.24.2013 | Politics

Sen. Marco Rubio (R-Fla.) criticized the recent vote to temporarily suspend the debt ceiling on Wednesday, claiming that the House of Representatives ...

What Would a Trillion-dollar Coin Mean?

Stephen Zarlenga | Posted 03.25.2013 | Politics
Stephen Zarlenga

Considering the destruction the banks have wrought, shouldn't our nation revisit the foolish policy of giving banks the license to create our nation's money, then having our government borrowing that money and paying interest on it?

Jason Linkins

Debt Ceiling 'Suspension': All You Need To Know About This New Whack-A-Doodle Idea | Jason Linkins | Posted 01.23.2013 | Politics

The House of Representatives on Wednesday will take up the matter of What To Do About The Debt Ceiling, trying once again to resolve a crisis-inducing...

House Trying To Diffuse Debt Ceiling Bomb

Posted 01.23.2013 | Politics

By ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON — With tacit support from President Barack Obama, House Republicans are moving to try to defuse...

House To Vote On Raising The Debt Ceiling

AP | Posted 01.21.2013 | Politics

BY THE ASSOCIATED PRESS WASHINGTON — Republican officials say the House will vote Wednesday on an increase in the nation's debt limit, a move des...

The Debt Ceiling Is Not The Way To Control The National Debt

Tara Sinclair | Posted 03.22.2013 | Politics
Tara Sinclair

The U.S. government has never defaulted on its legal obligations. We should make sure that this never happens. That means being careful about the national debt, but it also means not being stupid about a debt ceiling that can simply be raised or removed in order to avoid certain default.

The Many, Many Proposals To Cut Congressional Pay

Arthur Delaney | Posted 01.18.2013 | Politics
Arthur Delaney

Republicans in the U.S. House of Representatives announced Friday they'll seek a temporary increase in the government's borrowing limit. In return, th...

David Brooks Pens Bizarre Column

New York | Posted 01.18.2013 | Politics

Moderate Republicanism is a tendency that increasingly defies ideological analysis and instead requires psychological analysis. The psychological mech...

Luke Johnson

Top Senate Republican: 'We Will Raise The Debt Ceiling' | Luke Johnson | Posted 01.18.2013 | Politics

WASHINGTON -- Senate Minority Whip John Cornyn (R-Texas) said Thursday that Congress will raise the debt ceiling, making him the latest in a series of...

Poll Reveals Torn Feelings Over Jarring Problem

AP | ALAN FRAM and JENNIFER AGIESTA | Posted 01.18.2013 | Politics

WASHINGTON -- Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they're to...

Poll: Raise Debt Ceiling Or Face Disastrous Consequences

AP | ALAN FRAM and JENNIFER AGIESTA | Posted 03.19.2013 | Politics

WASHINGTON — Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government's borrowing limit. Yet they'...

Sabrina Siddiqui

Paul Ryan Says Republicans Should Keep Expectations In Check On Debt Ceiling | Sabrina Siddiqui | Posted 01.17.2013 | Politics

WILLIAMSBURG, Va. -- Rep. Paul Ryan (R-Wis.) on Thursday said Republicans are weighing the option of a short-term debt limit extension, but that House...