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Obama Debt

Jennifer Bendery

Obama: "We Have Work To Do"

HuffingtonPost.com | Jennifer Bendery | Posted 08.30.2011 | Politics

WASHINGTON -- The Senate will forgo its normal week-long July 4 recess and return to session after Independence Day to continue working on a deal to r...

Sam Stein

Democrats Set No Firm Lines After McConnell Re-Affirms Opposition To Tax Revenues In Debt Deal

HuffingtonPost.com | Sam Stein | Posted 08.28.2011 | Politics

WASHINGTON -- As the deadline for the government to raise the debt ceiling approaches, it's becoming increasingly evident that the Republicans feel em...

Jennifer Bendery

McConnell Warns Obama Ahead Of Deficit Meeting: No Tax Hikes

HuffingtonPost.com | Jennifer Bendery | Posted 08.27.2011 | Politics

WASHINGTON -- Hours ahead of his first meeting with President Barack Obama aimed at jump-starting stalled deficit talks, Senate Minority Leader Mitch ...

Debt Ceiling Talks Continue As Financial Crisis Looms

Posted 08.27.2011 | Politics

WASHINGTON -- With the United States government set to begin defaulting on its loans on Aug. 2, lawmakers are working to cut a deal to shrink the defi...

Obama: Debt Ceiling Must Be Raised To Prevent New Financial Crisis

Posted 08.14.2011 | Politics

President Barack Obama warned on Tuesday there could be another global financial crisis if Congress failed to raise the national debt ceiling. ...

Emily Swanson

Debt Ceiling Polls Find Americans Concerned About Both Increase And Default

HuffingtonPost.com | Emily Swanson | Posted 08.07.2011 | Politics

WASHINGTON -- With the threat of a first-ever default by the federal government looming, policymakers are asking whether Americans are more worried ab...

Amanda Terkel

WATCH: Newt Gingrich Defends Debt To Expensive Jewelry Store

HuffingtonPost.com | Amanda Terkel | Posted 07.22.2011 | Politics

WASHINGTON -- Republican presidential candidate Newt Gingrich defended the large debt he owed to the luxury jewelry store Tiffany & Co. in 2005 and 20...

Barack Obama Debt Reduction Plans Run Into Economic Reality

AP | JULIE PACE | Posted 06.22.2011 | Politics

LOS ANGELES — President Barack Obama headed west to sell his big picture deficit-reduction plan. But many people are waiting for a quick fix to ...

Politics, Ideology Overshadow Debt Limit Talks

Posted 06.20.2011 | Politics

(Reuters) - In the looming fight over raising the debt limit, Washington will have its eye on two deadlines: July 2011 and November 2012. The first...

Obama Mixing Politics And Policy On West Coast

AP | JULIE PACE | Posted 06.20.2011 | Politics

PALO ALTO, Calif. — President Barack Obama declared Wednesday that congressional Republicans are pushing a radical plan to trim Medicare and Med...

Sam Stein

Did Obama Plan His Budget Speech Months In Advance?

HuffingtonPost.com | Sam Stein | Posted 06.19.2011 | Politics

WASHINGTON -- President Barack Obama’s much discussed speech last week on how to remedy the country’s fiscal future was part of a far broader, mor...

GANG OF SIX: Bipartisan Senate Group Seeks Debt-Reduction Plan

nytimes.com | JACKIE CALMES | Posted 06.16.2011 | Politics

Days after President Obama called for forming a bipartisan group in Congress to begin negotiating a $4 trillion debt-reduction package, the parties ha...

Obama Debt Ceiling Warning: Raise Limit Or Risk Global Recession

AP | BEN FELLER | Posted 06.15.2011 | Politics

CHICAGO — President Barack Obama confidently predicted Friday that a divided Congress would raise the nation's borrowing limit to cover the stag...

Obama: Deficit Reduction Push 'Can't Exempt Anyone'

AP | Posted 06.14.2011 | Politics

WASHINGTON — President Barack Obama says the nation's effort to curb ballooning deficits "can't exempt anyone." Obama spoke Thursday as he met ...

Obama Tiptoes On Proposed Tax Increases

AP | CHARLES BABINGTON | Posted 06.14.2011 | Politics

WASHINGTON — With his striking choice of words, President Barack Obama clearly outlined the greatest perils for Republicans – and for Demo...

Sam Stein

White House Opens Door To Non-"Clean" Debt Ceiling Bill

HuffingtonPost.com | Sam Stein | Posted 06.13.2011 | Politics

WASHINGTON -- One of the President’s top advisers opened the door on Wednesday to adding deficit-reduction elements to a bill that would raise the c...

Obama Deficit Speech Outlines Approach For Reducing Spending (FULL TEXT)

AP/The Huffington Post | Posted 06.13.2011 | Politics

Challenging Republican budget plans, President Barack Obama on Wednesday proposed lowering the nation's future deficits by $4 trillion over a dozen ye...

Sam Stein

Obama Debt Speech: Tax Increases, Medicare Changes Included In President's Plan

HuffingtonPost.com | Sam Stein | Posted 06.13.2011 | Politics

WASHINGTON -- In an effort to recast the debate over the nation’s fiscal future, President Barack Obama announced on Wednesday a plan to reduce the ...

Obama Jumping Into Debt Debate

AP/The Huffington Post | BEN FELLER | Posted 06.12.2011 | Politics

WASHINGTON — President Barack Obama, jumping into a debt-reduction debate that will help define the rest of his term, will outline his ideas Wed...

Obama Open To Deal On Debt Ceiling

The Wall Street Journal | Damian Paletta & Carol E. Lee | Posted 06.12.2011 | Politics

White House officials have opened the door to a deal with Republicans that would allow the U.S. to increase its ability to borrow, potentially easing ...

Federal Budget Cut Highlights, Past And Pending

AP | The Associated Press | Posted 06.12.2011 | Politics

Some details of the bipartisan spending measure agreed to Friday night by President Barack Obama, House Speaker John Boehner, R-Ohio, and Senate Major...

Obama Prevents Budget Cuts To Favorite Programs

AP | ANDREW TAYLOR | Posted 06.12.2011 | Politics

WASHINGTON — The historic $38 billion in budget cuts resulting from at-times hostile bargaining between Congress and the Obama White House were ...

Obama First To Put Tax Increases On Budget Table

AP/The Huffington Post | TOM RAUM | Posted 06.12.2011 | Politics

WASHINGTON — Higher taxes have been missing from the fierce budget battle that nearly shut down the federal government. But President Barack Oba...

Obama To Lay Out Plan To Tackle Deficit

AP | JIM KUHNHENN | Posted 06.11.2011 | Politics

WASHINGTON — President Barack Obama, plunging into the rancorous struggle over America's mountainous debt, will draw sharp differences with Repu...

CBO: Obama Understates Future Budget Deficits By $2.3 Trillion

AP | Posted 05.25.2011 | Politics

WASHINGTON — A new assessment of President Barack Obama's budget released Friday says the White House underestimates future budget deficits by m...