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Obama Debt

Zach Carter

How Bill Clinton's 'F***in' Lie' On The Debt Kneecapped Democrats | Zach Carter | Posted 03.05.2014 | Politics

WASHINGTON -- An internal Clinton administration memo, released last week, appears to show economic adviser Gene Sperling decrying parts of a planned ...

Sabrina Siddiqui

Obama: GOP Would Be 'Crazy' To Hold Debt Ceiling Hostage | Sabrina Siddiqui | Posted 12.20.2013 | Politics

WASHINGTON -- President Barack Obama warned Republicans Friday not to pursue another debt ceiling showdown, standing by his position that he won't neg...

Obama Doesn't Have High Hopes For Budget Deal

AP/The Huffington Post | Posted 05.13.2013 | Politics

WASHINGTON — President Barack Obama is conceding "we're probably not going to be able to get a deal" on budget, tax and spending issues with Congres...

Warning: Deficit Delusions Endanger Your Job

Robert L. Borosage | Posted 04.02.2013 | Politics
Robert L. Borosage

A three-month downturn is a caution, not a catastrophe. But Washington seems too wrapped in its deficit delusions to pay attention to the flashing yellow lights. Here's a cautionary guide.

The Treasury Has Already Minted Two Trillion Dollar Coins

Laurence J. Kotlikoff | Posted 03.24.2013 | Politics
Laurence J. Kotlikoff

Countries that pay for what they spend by printing money or, these days, creating it electronically, are usually broke. That certainly fits our bill. And we're printing lots and lots of money. Over the past five years, the Treasury has, in effect, done its $1 trillion coin trick twice.

Sam Stein

Obama Would Not Stop House GOP's Short-Term Debt Ceiling Bill | Sam Stein | Posted 03.24.2013 | Politics

WASHINGTON -- President Obama would not block the three- or four-month extension of the debt ceiling proposed by House Republicans last week if the bi...

Zach Carter

Obama Can Face Down His Deficit Demons In 2nd Term | Zach Carter | Posted 01.20.2013 | Politics

WASHINGTON -- It may come as a surprise to President Barack Obama's critics, but the one domestic issue that defined his first term in office was redu...

Sam Stein

Republicans Pledge To Extract Cuts From Obama In Debt Ceiling Showdown | Sam Stein | Posted 01.23.2014 | Politics

WASHINGTON -- The just-completed deal to resolve the so-called fiscal cliff has created an even greater cliff down the road. By the end of February, l...

Sam Stein

Rep. Louie Gohmert On Debt Ceiling: 'That's Our Leverage' | Sam Stein | Posted 11.30.2012 | Politics

NEW YORK CITY -- One of the only new proposals that President Obama introduced in his opening bid to resolve the impasse over the so-called fiscal cli...

Sam Stein

Debt Ceiling Showdown: Obama, Boehner Diverge On Demands | Sam Stein | Posted 11.29.2012 | Politics

WASHINGTON -- Once again, Speaker John Boehner (R-Ohio) and President Barack Obama find themselves in a standoff over how to raise the nation's debt c...

Sam Stein

Obama To Progressives: 'I Am Not Going To Budge' On Bush Tax Cuts | Sam Stein | Posted 11.14.2012 | Politics

WASHINGTON -- President Barack Obama will enter high-stakes budget negotiations firmly committed to seeing the tax rates for high-income earners rise ...

Jennifer Bendery

John Boehner: 'Not Confident At All" That Congress Can Avoid Credit Downgrade | Jennifer Bendery | Posted 09.11.2012 | Politics

WASHINGTON -- House Speaker John Boehner (R-Ohio) said he is "not confident at all" that Congress can deal with the nation's debt problems and avoid a...

Jennifer Bendery

Nancy Pelosi: Obama Should Use Constitution To Avert Debt Crisis | Jennifer Bendery | Posted 06.20.2012 | Politics

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) said Wednesday that President Barack Obama should use the 14th Amendment to declare the de...

Jennifer Bendery

John Boehner Not Going To Get His Way With Debt Ceiling Fight, Senior Administration Officials Say | Jennifer Bendery | Posted 05.22.2012 | Politics

WASHINGTON -- Senior administration officials said Tuesday that House Speaker John Boehner (R-Ohio) isn't going to win if he keeps up a fight about ty...

Jennifer Bendery

Pelosi, Boehner Trade Barbs Over Prospect Of Another Debt Limit Fight | Jennifer Bendery | Posted 05.17.2012 | Politics

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) on Thursday slammed House Speaker John Boehner (R-Ohio) for sparking another potential sho...

Sam Stein

Kent Conrad Advised Barack Obama Not To Back Bowles-Simpson | Sam Stein | Posted 04.08.2012 | Politics

WASHINGTON -- Chairman of the Senate Budget Committee Kent Conrad (D-N.D.) said on Sunday that he urged President Obama not to publicly support a much...

Sam Stein

Obama-Boehner Debt Deal Not On Table, Administration Officials Say | Sam Stein | Posted 03.20.2012 | Politics

WASHINGTON -- Top officials in President Barack Obama's administration pushed back Tuesday on a report that they would still support a debt-reduction ...

Jennifer Bendery

Harry Reid: Grover Norquist Is Thwarting Super Committee | Jennifer Bendery | Posted 11.16.2011 | Politics

WASHINGTON -- A new wave of pessimism colored super committee talks on Tuesday as Senate Majority Leader Harry Reid (D-Nev.) blasted anti-tax crusader...

Misleading Obama Debt Chart Goes Viral -- Again

The Huffington Post | Dean Praetorius | Posted 12.03.2011 | Politics

Sometimes data does lie. The chart below has been incredibly viral in recent days, making its way across the internet in one form or another, reach...

Rod Kurtz

What Would You Do About The Debt? | Rod Kurtz | Posted 11.22.2011 | Small Business

What should be done about America's debt? It's the $14 trillion question that continues to fuel debate in the halls of Congress and across dinner tabl...

Jennifer Bendery

Obama Caters To Base By Taxing The Wealthy, But Entitlement Cuts Loom | Jennifer Bendery | Posted 11.19.2011 | Politics

WASHINGTON -- President Barack Obama is back in the good graces of progressives. For now. Hours after Obama delivered a fiery speech demanding that...

Amanda Terkel

Late Paying Your Taxes? Expect A Call On Your Cellphone | Amanda Terkel | Posted 11.19.2011 | Politics

WASHINGTON -- President Obama isn't leaving a single couch cushion unturned in his effort to lower the deficit. A new proposal by the White House woul...

Sam Stein

Labor's Discontent With Obama Surfaces Yet Again | Sam Stein | Posted 10.01.2011 | Politics

WASHINGTON -- The debt ceiling bill set to be voted upon Monday evening has left labor advocates in yet another precarious -- and deeply frustrated --...

Howard Fineman

Beyond A Fair And Balanced Deal | Howard Fineman | Posted 10.01.2011 | Politics

WASHINGTON -- By the traditional standards of Washington, the debt ceiling deal is a serviceable one. It ended a series of long nights and anguished s...

Jennifer Bendery

Days Away From Default, Democrats Nervously Eye Constitutional Route | Jennifer Bendery | Posted 09.29.2011 | Politics

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) may not be pushing the issue publicly, but in private she "clearly" supports President Bar...