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Obama Debt

Jennifer Bendery

Days Away From Default, Democrats Nervously Eye Constitutional Route

HuffingtonPost.com | 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...

Jennifer Bendery

Democrats, GOP Have Now Rejected Each Other's Debt Plans

HuffingtonPost.com | Jennifer Bendery | Posted 09.29.2011 | Politics

WASHINGTON -- With just three days left until the country is set to begin defaulting on its debt, the House rejected a debt proposal by Senate Majorit...

Jennifer Bendery

Hoyer Backs Obama Using 14th Amendment To Resolve Debt Crisis

HuffingtonPost.com | Jennifer Bendery | Posted 09.27.2011 | Politics

WASHINGTON -- House Minority Whip Steny Hoyer (D-Md.) on Wednesday night became the highest ranking Democratic leader to throw his support behind the ...

Jennifer Bendery

WATCH: Democrats Pressure Obama To Use 14th Amendment To Raise Debt Ceiling

HuffingtonPost.com | Jennifer Bendery | Posted 09.27.2011 | Politics

WASHINGTON -- With time running out and still no bipartisan debt deal in sight, a growing number of House Democrats are pressuring President Barack Ob...

Jennifer Bendery

House Democratic Leaders To Obama: Use The 14th Amendment

HuffingtonPost.com | Jennifer Bendery | Posted 01.23.2014 | Politics

WASHINGTON -- House Democratic leaders emerged from a Wednesday caucus meeting with a message for President Barack Obama: Invoke the Constitution to r...

Jennifer Bendery

Congressional Republicans Put On Notice By Conservative Base

HuffingtonPost.com | Jennifer Bendery | Posted 09.25.2011 | Politics

WASHINGTON -- The Tea Party is causing more headaches for Speaker John Boehner (R-Ohio) over his debt proposal. A coalition of several hundred Tea ...

Jennifer Bendery

UPDATE: Tea Party Coalition Rejects Boehner's Debt Proposal

HuffingtonPost.com | 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...

Amanda Terkel

Tim Pawlenty On Obama: 'Is He Chicken?'

HuffingtonPost.com | 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...

Sam Stein

McConnell-Reid Debt Deal Close To Being Scrapped, Larger Package In Reach

HuffingtonPost.com | Sam Stein | Posted 09.20.2011 | Politics

WASHINGTON -- The fail-safe debt ceiling plan crafted by the Senate's top two leaders, Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.), is close to be...

Michael McAuliff

Unions Smack Obama On Debt Talks, Walmart

HuffingtonPost.com | Michael McAuliff | Posted 09.19.2011 | Politics

WASHINGTON -- President Obama's rocky relationship with unions took a few more lumps Wednesday as labor groups pounded both a deficit-cutting proposal...

Jennifer Bendery

House Passes Tea Party's 'Cut, Cap And Balance' Fiscal Plan

HuffingtonPost.com | Jennifer Bendery | Posted 09.18.2011 | Politics

WASHINGTON -- House Republicans easily passed their "Cut, Cap and Balance" fiscal plan on Tuesday, a proposal that boosts their standing among Tea Par...

Jennifer Bendery

Obama Slams Republican 'Cut, Cap, Balance' Plan, Promises Veto

HuffingtonPost.com | Jennifer Bendery | Posted 09.17.2011 | Politics

WASHINGTON -- President Barack Obama will veto conservative Republicans' "Cut, Cap and Balance" fiscal plan if it makes it to his desk, the White Hous...

Sam Stein

Senate Dems Eying End-Of-Week Consideration On Plan B Debt Ceiling Bill

HuffingtonPost.com | Sam Stein | Posted 09.17.2011 | Politics

WASHINGTON -- Democratic Senate leadership is preparing to introduce a compromise debt ceiling bill to the floor as early as the end of this week, in ...

On Debt, Obama Team Pleaded With Credit Rating Firms Before Downgrade Warnings

The Washington Post | Posted 09.15.2011 | Business

The Obama administration has mounted an intense behind-the-scenes campaign to keep the nation's major credit rating companies from issuing threats tha...

Jennifer Bendery

White House: Cantor Should Be In Debt Talks

HuffingtonPost.com | Jennifer Bendery | Posted 09.13.2011 | Politics

WASHINGTON -- White House spokesman Jay Carney signaled Thursday that House Majority Leader Eric Cantor (R-Va.) is still a welcome participant in debt...

Jennifer Bendery

Corker Says Debt Limit May Have Been "Wrong Place To Pick A Fight"

HuffingtonPost.com | Jennifer Bendery | Posted 09.13.2011 | Politics

WASHINGTON -- Some Republicans are starting to have buyer's remorse over their party's insistence that a vote to raise the debt limit be tied to a lon...

Sam Stein

Harry Reid And Mitch McConnell Working On A 'Hybrid' Solution To Debt Standoff

HuffingtonPost.com | Sam Stein | Posted 09.13.2011 | Politics

WASHINGTON -- The Senate's top two officials are working on what one aide called a "hybrid," fail-safe solution to the debt ceiling debate that could ...

Michael McAuliff

Mitch McConnell Offers New Strategy: Blame Obama

HuffingtonPost.com | Michael McAuliff | Posted 09.13.2011 | Politics

WASHINGTON -- In a bad sign for the stalled debt talks, Senate Minority Leader Mitch McConnell (R-Ky.) ratcheted up the rhetoric in the ongoing blame ...

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.

Jennifer Bendery

Immelt Won't Call On Corporations To Be Part Of 'Shared Sacrifice' In Deficit Deal

HuffingtonPost.com | Jennifer Bendery | Posted 09.11.2011 | Politics

WASHINGTON -- Jeffrey Immelt, the chairman of President Barack Obama's Council on Jobs and Competitiveness, joined Chamber of Commerce president Tom D...

Debt Ceiling Debate Continues As Deadline Looms

Posted 09.10.2011 | Politics

WASHINGTON -- With the United States government set to begin the process of defaulting on its debts on Aug. 2, according to the Treasury Department, t...

Sam Stein

Obama Tries To Resell Republicans On A Grand Debt Ceiling Deal

HuffingtonPost.com | 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...

John Boehner Backs Obama's Call For Far-Reaching Debt Ceiling Plan

AP | JIM KUHNHENN | Posted 09.07.2011 | Politics

WASHINGTON — President Barack Obama used a bleak jobs report Friday to prod Congress toward a swift agreement on deficits and the national debt....

Sam Stein

Obama Calls Sunday Debt Meetings As Sides Remain 'Far Apart' (VIDEO)

HuffingtonPost.com | 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 ...

Obama Addresses Status Of Debt Ceiling Talks

AP | ERICA WERNER | Posted 09.04.2011 | Politics

WASHINGTON — President Barack Obama prodded Congress Tuesday to reach a sweeping long-term deal within two weeks to raise the nation's borrowing...