iOS app Android app

National Debt Default

Debt-Default Crisis 2015: Raise, and Then Raze, the Debt Ceiling (Part 1)

Victor Williams | Posted 05.17.2015 | Politics
Victor Williams

At the stroke of midnight, March 16, 2015, the debt ceiling was again breached. The Treasury Department has begun "extraordinary measures" to forestall the certain default. Jack Lew must rob Peter to pay Paul.

Debt Crises Killed 900,000 Jobs: Study

The Huffington Post | Mark Gongloff | Posted 10.15.2013 | Business

For the past few years, the Republican approach to governance has been to cause a series of Breaking-Bad-like cliffhangers, with ever-more destructive...

Senate Democrats To Try Passing Debt Ceiling Increase

AP | By ANDREW TAYLOR | Posted 01.23.2014 | Politics

WASHINGTON (AP) — President Barack Obama called the top Republican in the GOP-controlled House Tuesday, telling Speaker John Boehner once again that...

Michael McAuliff

Senate Republicans Flirt With Default | Michael McAuliff | Posted 10.08.2013 | Politics

WASHINGTON -- Forget the warnings of economists and the treasury secretary that a default of United States debt would be catastrophic. Senior Senate R...

Who Wants to Be a Congressperson When They Grow Up?

Jason Kitchen | Posted 10.03.2011 | Comedy
Jason Kitchen

Are you utterly incompetent and unable to lead? Do you find gratification in enraging masses of people? Are you able to achieve absolutely nothing over a matter of months while appearing to work diligently?

Michael McAuliff

Harry Reid: House Taking a Weekend Off Could Cause Catastrophic U.S. Default | Michael McAuliff | Posted 09.20.2011 | Politics

WASHINGTON -- House Republicans are setting up a catastrophic U.S. default by deciding to take a weekend off while time to resolve deadlocked negotiat...

"A Moral Disaster" Coming Near You, Produced by Wall Street and Washington

Lydia Fisher | Posted 08.09.2011 | Business
Lydia Fisher

Managing to the short-term, managing to self-interest and hoping for a "happily ever after." It's beginning to feel a bit like rearranging the deck chairs on the Titanic.

Japan Shows How to Defuse Debt Time-Bomb

Ellen Brown | Posted 07.27.2011 | Business
Ellen Brown

A game of Russian roulette is being played with the national debt ceiling. Fire the wrong chamber of the gun, and the result could be the second Great Depression.