Debt Ceiling Deal

House GOP Plan Criticized As Breaking Debt Ceiling Deal

Posted 03.15.2012

By David Lawder WASHINGTON--Republicans in the U.S. House of Representatives pushed back on Wednesday against suggestions that their drive for ...

Michael McAuliff

Senate Clears Way For Debt Hike

HuffingtonPost.com | Michael McAuliff | Posted 03.27.2012

WASHINGTON -- The Senate voted Thursday to let the president raise the nation's debt limit by about $1.2 trillion, voting down a measure that would ha...

Three Reasons Why It's Better for the Economy if the Super-Committee Fails to Get a Deal

Robert Creamer | Posted 12.25.2011

Robert Creamer

It is far better for everyday Americans if the so-called Super Committee fails entirely to get a deal. The overarching reason is simple.

"Free Market" Politicians Call for Austerity and Cuts While Financial Markets Call for Keynesian Stimulus and Jobs

Miles Mogulescu | Posted 11.28.2011

Miles Mogulescu

As markets warn of the risk of double-dip recession or even depression, politicians in Washington and Berlin -- who claim to believe in "free markets" -- fiddle while Rome may be about to burn.

Elise Foley

Super Congress Will Meet In Public

HuffingtonPost.com | Elise Foley | Posted 11.08.2011

WASHINGTON -- The so-called Super Congress will attempt to hold the majority of its meetings in public, in full view of the voters and the press, the ...

Super Committee Schedules First Meeting

AP | Posted 11.02.2011

WASHINGTON -- The bipartisan supercommittee will hold its first meeting next week as it begins a three-month quest to come up with at least $1.2 trill...

CBO: U.S. Is 'Facing Profound Challenges'

AP | STEPHEN OHLEMACHER | Posted 10.24.2011

WASHINGTON — After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget...

Republican Congressmen Will Push For Balanced Budget Amendment

AP | By ANDREW TAYLOR | Posted 10.22.2011

WASHINGTON -- As a "supercommittee" tries to find $1.5 trillion in new deficit cuts this fall, Republicans will be pressing a far more ambitious goal:...

Elise Foley

Super Congress Member Fred Upton: No Cuts To Social Security Benefits

HuffingtonPost.com | Elise Foley | Posted 10.18.2011

WASHINGTON -- Deficit super committee member and Republican Rep. Fred Upton (R-Mich.) said Tuesday he will oppose any Social Security benefit reductio...

GOP Senator: 'Good Thing I Can't Pack A Gun On The Senate Floor'

Posted 10.18.2011

Sen. Tom Coburn (R-Okla.) blasted Congress for America's financial troubles and predicted that the debt ceiling agreement would unravel this fall, cal...

WATCH: Buffett: 'People Need To Know What Fellas Like Me Pay In Taxes'

The Huffington Post | Mark Hanrahan | Posted 10.16.2011

Investment guru Warren Buffett gave a wide-ranging interview to Charlie Rose, which aired on Monday evening. He discussed the economy's prospects, the...

Obama To Voters: 'You Deserve Better' Than Congress

AP | By ERICA WERNER | Posted 10.13.2011

WASHINGTON -- President Barack Obama is calling on frustrated voters to tell Congress they're sick of gridlock and partisanship and want to see compro...

What Are We Teaching the World About Democracy?

Dana Radcliffe | Posted 10.12.2011

Dana Radcliffe

We must admit that we no longer believe the democratic process should be informed by genuine debate, where our representatives give other arguments an honest hearing and respond thoughtfully -- and occasionally change their minds.

Tea Party-Backed Congressmen Praised For Opposing Debt Ceiling Deal

AP | By DONNA CASSATA and JOSH LOFTIN | Posted 10.11.2011

CASTLE DALE, Utah -- Republican Rep. Jason Chaffetz fiercely opposed a debt-limit bill that took a significant swipe at the nation's deficit and had n...

Michael McAuliff

Pelosi Picks Democratic Champions For Super Congress

HuffingtonPost.com | Michael McAuliff | Posted 10.11.2011

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) made the final picks for the new deficit-slashing "super Congress" Thursday, naming three ...

Bill Gross: Problem Is 'Insufficient Consumption And investment'

Washington Post | Bill Gross | Posted 10.11.2011

For a few days there it seemed like President Obama was the master of the bond market. This is a Triple-A nation, he intoned on Monday, and always wil...

6 Pitfalls In The Debt Deal That May Crush College Dreams

The Atlanta Post | Posted 10.10.2011

When President Obama struck a deal with Republicans agreeing to $3 trillion in federal budget cuts, few anticipated how these savings might impact col...

Mandy Jenkins

Tell Us About Fundraising Calls From Obama, Democrats

HuffingtonPost.com | Mandy Jenkins | Posted 10.09.2011

WASHINGTON – As President Barack Obama campaigns for re-election, he has to sell a controversial deal he endorsed to end the impasse over the debt c...

GOP Senator: 'I'm Embarrassed By All Of Us... I've Never Seen A Worse Congress'

Posted 10.10.2011

Sen. Olympia Snowe (R-Maine) talked to people in Saco, Maine about the debt ceiling negotiations Wednesday, and lamented the extreme partisanship that...

The Debt Ceiling and the Grim Election of 2012

Lincoln Mitchell | Posted 10.10.2011

Lincoln Mitchell

Four years ago, candidate Barack Obama generated a great deal of excitement, even optimism. It is hard to imagine any candidate from either party doing that in 2012. Additionally, neither party can present itself as the party of change or new ideas.

Sam Stein

Harry Reid Reveals 'Super Congress' Picks

HuffingtonPost.com | Sam Stein | Posted 10.09.2011

WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) will appoint Sens. Patty Murray (D-Wash.), Max Baucus (D-Mont.) and John Kerry (D-Mass.) to t...

The Market Has Spoken: Austerity Is Bad for Business

Ellen Brown | Posted 10.09.2011

Ellen Brown

We have been sold the idea that there is a "debt crisis" when there is really a liquidity crisis. Paying down the federal debt when money is already scarce just makes matters worse.

The Biggest Loser in the Debt Ceiling Deal: American Democracy

Katherine McFate | Posted 10.09.2011

Katherine McFate

Effective democracy requires an informed, engaged citizenry, honest debate, and elected representatives working in the public interest. These elements were not in evidence last week.

Was the Innovation Economy Killed by the Debt Debate?

Christopher Newfield | Posted 10.09.2011

Christopher Newfield

The rational distrust of tens of millions of people for an innovation economy that requires ever-higher levels of public investment for not-so-democratically distributed economic benefit bolsters Tea Party refusals of any kind of public action. It is now trapping the country in a devolutionary spiral.

Tea Party Wants To Impeach Obama, GOP Congressman Agrees

Star-Telegram | Posted 10.09.2011

Hours after the Dow Jones industrial average closed down more than 600 points Monday, U.S. Rep. Michael Burgess, R-Lewisville, heard from local conser...