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Obama Debt Limit

Can the President Raise the Debt Limit?

Michael S. Lofgren | Posted 02.05.2013 | Politics
Michael S. Lofgren

I am sure we have all had it up to here with breathless reporting about the fiscal cliff. But within a month or two after the December 31, 2012 deadline for resolving the cliff, there looms another, more serious economic issue: extending the debt limit.

Treasury Endorses Crucial New Power For Obama

Reuters | Posted 02.04.2013 | Politics

WASHINGTON, Dec 5 (Reuters) - The U.S. Treasury said on Wednesday it wants Congress to adopt rules that would allow President Barack...

Obama Delays Vital Request

AP | JULIE PACE | Posted 02.29.2012 | Politics

HONOLULU — President Barack Obama is delaying his request for another $1.2 trillion increase in the nation's debt limit at the request of congre...

Obama Asking Congress To Raise Key Limit

AP | CHRISTOPHER S. RUGABER | Posted 02.26.2012 | Politics

WASHINGTON — The Obama administration says the federal government has nearly reached its borrowing limit – again. Treasury officials said...

Bill Clinton: 'I Was Wrong'

The Huffington Post | Luke Johnson | Posted 01.09.2012 | Politics

Former President Bill Clinton backed off a claim he made in his new book, Back To Work, to an audience at the New York Historical Society Tuesday. ...

Economc Turmoil Could Spell Trouble for Innovation

Posted 10.09.2011 | Business

While the stock market has plummeted on concerns about the near-term strength of the American economy, the larger issue could be that the long-term pr...

In Wake Of 'Three-Ring Circus,' Obama Adviser Offer Positive Take On Debt Deal

AP | Posted 10.01.2011 | Politics

WASHINGTON -- A top adviser to President Barack Obama said Monday the new deal to avoid a government default lifts a big cloud over the economy, even ...

President Has Authority and Moral Obligation to Invoke the 14th Amendment to Avoid Economic Catastrophe

Rep. John Conyers | Posted 09.29.2011 | Politics
Rep. John Conyers

Today in a letter to President Obama, Congressional Black Caucus Chairman Emanuel Cleaver and I called on President Obama to raise the debt ceiling under the authority of the 14th Amendment.

Washington's War on America

Dr. Maya Rockeymoore | Posted 09.26.2011 | Politics
Dr. Maya Rockeymoore

While most of the media elite has focused on whether our political leaders can achieve a bipartisan deal on the debt, the rest of the world has taken note of how dysfunctional our democratic institutions have become.

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...

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...

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...


Carolita Johnson | Posted 09.23.2011 | Comedy
Carolita Johnson


Amanda Terkel

Tim Pawlenty On Obama: 'Is He Chicken?' | Amanda Terkel | Posted 09.23.2011 | Politics

WASHINGTON -- Republican presidential candidate Tim Pawlenty had some harsh words for President Obama on Sunday, accusing him of being too scared to l...

Michael McAuliff

U.S. Debt Default Means 'Lights Out' And A New Depression, Geithner Warns | Michael McAuliff | Posted 09.17.2011 | Politics

WASHINGTON -- If Congress fails to hike the nation's borrowing limit by Aug. 2, it will be "lights out" on the government and the economy, Treasury Se...

Obama Is Not RFK

Brent Budowsky | Posted 09.12.2011 | Politics
Brent Budowsky

Lest Republicans enjoy my criticism of the president, I believe there is now an economically unpatriotic wing of the GOP. They express partisan joy with every new job loss.

Sam Stein

Wall Street Warns Congress: The Economy Post-Default Is A Man Post-'Suicide' | Sam Stein | Posted 09.12.2011 | Politics

UPDATE -- 5:50 p.m.: By the end of Wednesday, the market seemed fully aware of the debt ceiling debate. U.S. stock-index futures fell after Moody's In...

Elise Foley

WATCH: Bachmann, Gohmert, King: Obama's Advisers Lied About Debt Limit | Elise Foley | Posted 09.12.2011 | Politics

WASHINGTON -- Rep. Louie Gohmert (R-Texas) accused both the president and House Speaker John Boehner (R-Ohio) of misleading the American people about ...

Sam Stein

Mitch McConnell: 'I Refuse To Help Obama Reelection' | Sam Stein | Posted 09.12.2011 | Politics

WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.), under siege from conservatives over his opt-out proposal for the debt ceiling debate, de...

Jennifer Bendery

McConnell Offers Debt Ceiling Out, But Obama Keeps Focus On Deficit | Jennifer Bendery | Posted 09.11.2011 | Politics

WASHINGTON -- There were no real signs of progress in Tuesday's White House debt talks. But the meeting did shed light on two evolving dynamics taking...

Sam Stein

Obama Tries To Resell Republicans On A Grand Debt Ceiling Deal | Sam Stein | Posted 09.09.2011 | Politics

WASHINGTON -- Sunday night's much anticipated debt ceiling meeting between the president and congressional leadership managed to produce an outcome, j...

Sam Stein

Obama Calls Sunday Debt Meetings As Sides Remain 'Far Apart' (VIDEO) | Sam Stein | Posted 09.06.2011 | Politics

WASHINGTON -- President Barack Obama announced on Thursday that he would reconvene debt talks with congressional leadership on Sunday, admitting that ...

Jennifer Bendery

Both Parties Need To 'Get Out Of Our Comfort Zones' And Cut A Deal | Jennifer Bendery | Posted 09.04.2011 | Politics

WASHINGTON -- President Barack Obama signaled Tuesday that he won't support a short-term solution to resolving deficit and debt woes when he huddles w...

David Brooks: GOP 'May No Longer Be A Normal Party'

AP/The Huffington Post | Posted 09.04.2011 | Politics

The Republican party “may no longer be a normal party,” David Brooks writes in his New York Times column Tuesday. In negotiations with Democrat...