Debt Ceiling Debate

Geithner: U.S. Will Hit Debt Limit Again This Year, Doesn't Have To Mean Crisis

Reuters | Posted 05.18.2012

WASHINGTON, May 17 (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Thursday that raising the debt ceiling did not have to be a crisis, ...

No More Bull: What Women Need to Know About the Economy and Why it Matters in 2012

Martha Burk | Posted 05.23.2012

Martha Burk

With the U.S. suffering from the effects of a long and painful recession, the economy is the number one issue for women and men alike going into the 2012 elections. But women arguably have a bigger stake.

The Biggest Business Stories Of 2011

Posted 12.19.2011

Characters from multiple continents and various walks of life rocked the business world this year. The Occupy movement forced income inequality to ...

Downgrade Possibility Not Scaring U.S. Lawmakers

Posted 12.28.2011

A growing number of lawmakers do not think another downgrade of the country's AAA rating will harm America's economy, raising questions about how ...

Wall Street Ends Worst Quarter Since Depths Of 2008 Crisis

Posted 12.01.2011

NEW YORK (Edward Krudy) - Stocks ended their worst quarter since the depths of the 2008 credit crisis, crippled by Europe's debt debacle, a U.S. c...

Cable News' Big Failing During Debt Debate

AP | Posted 11.21.2011

NEW YORK — Economists aren't necessarily the first in line at cable news networks when someone is needed to talk about economic issues. The wat...

Anger Over Messy Debt Negotiations Imperils Both GOP And Democrats

The Wall Street Journal | Posted 11.06.2011

As dark as the political picture is for President Barack Obama right now, Republicans aren't exactly basking in a healthy glow either, suggesting that...

Federal Agencies Warned To Prepare For More Cuts

AOL Government | Wyatt Kash | Posted 10.18.2011

Federal agency and department leaders should plan for a 5 percent reduction in discretionary spending in fiscal year 2013, and prepare for more cuts -...

How the GOP Framed the Debt Ceiling Debate

Nancy Cronk | Posted 10.08.2011

Nancy Cronk

How did the Tea Party wing of the Republican Party manage to convince so many Americans that the debt ceiling should not be raised? Voting to increase...

Fat Cat Pledge: "I Will Pay Higher Taxes"

Carla Seaquist | Posted 10.08.2011

Carla Seaquist

In a rare kind of largesse, various of his wealthy backers backers told Cantor that, contrary to Republican dogma, they could support paying higher taxes. On behalf of that middle class, and the working class too: We accept, we accept!

Obama: The President Who Wouldn't Make the Louisiana Purchase

Jeff Madrick | Posted 10.05.2011

Jeff Madrick

Stimulus -- not spending cuts -- could have created jobs. The wonderful thing about being president is the bully pulpit. But Obama doesn't use it to persuade Americans about much of anything.

Of Debt Ceiling Debates, Non-Denial Denials and Non-Default Defaults

Adam Levin | Posted 10.04.2011

Adam Levin

Although there wasn't a default in terms of America's payments, there was a gaping, unprecedented, and embarrassing default in our political process, Democratic philosophy, and the social contract of the United States.

Sam Stein

DNC Memo: Political Pundits Got Debt Ceiling Scorecard Wrong

HuffingtonPost.com | Sam Stein | Posted 10.04.2011

WASHINGTON -- The rush to frame the winners and losers in the debt ceiling deal stands in stark contrast to the protracted negotiations over the debt ...

Is Obama Charlie Brown to Boehner's Lucy?

David Latt | Posted 10.04.2011

David Latt

Obama has to stop thinking he can make friends and influence Republicans and regroup, gathering around him his true supporters and create an alliance of progressives and independents.

Can We Focus on Unemployment Now?

Patrick Sharma | Posted 10.03.2011

Patrick Sharma

Although the debt ceiling imbroglio is finally behind us, D.C. has set the economy up for a painful few years, and without a major change of course, we can expect to see higher unemployment and slower growth in the near future.

U.S. Default Fears Drove 401(k) Investors Away From Stocks

AP | By DAVID PITT | Posted 10.03.2011

-- Workers with 401(k) accounts, fearing another drop in their savings similar to 2008, shifted investments from stocks to less volatile bond funds i...

Howard Fineman

Mitch McConnell: The Great Dismantler Bests Obama

HuffingtonPost.com | Howard Fineman | Posted 10.02.2011

If you haven't noticed, this is Mitch McConnell's moment. Only instead of being this century's Henry Clay -- Kentucky's "Great Compromiser" -- McConnell is and wants to be the Bluegrass's "Great Dismantler."

Paul Blumenthal

Should Super Congress Be Super Transparent?

HuffingtonPost.com | Paul Blumenthal | Posted 10.02.2011

WASHINGTON -- The proposed so-called "super Congress," created by congressional leaders in the debt deal and required to find $1.5 trillion in debt re...

WATCH: Jon Stewart Rips Obama's Debt Ceiling 'Dealageddon'

The Huffington Post | Katla McGlynn | Posted 10.02.2011

Nearing the eleventh hour on Monday, the House passed a debt ceiling deal that will prevent the U.S. from defaulting on its debt, for now. Jon Stewart...

WATCH: Chris Matthews Wonders If Obama Could Have Handled Debt Debate More Effectively

Posted 10.01.2011

Chris Matthews asked on Monday's 'Hardball' if there may have been a more effective way for President Obama to handle the debt ceiling debate. Matthew...

Why Tea Partiers Can't Handle the Truth & What We Can Do About It

Jonathan_Miller | Posted 09.30.2011

Jonathan_Miller

One of the critical lessons from the debt ceiling debacle is not to underestimate the Tea Party's influence on Washington policymakers.

Tea Party May Face Make Or Break Moment In Contentious Standoff

Washington Post | Amy Gardner | Posted 09.30.2011

The partisan standoff over raising the federal debt ceiling could do more than destroy the nation's credit rating and economic health. It could make o...

Jennifer Bendery

Days Away From Default, Democrats Nervously Eye Constitutional Route

HuffingtonPost.com | Jennifer Bendery | Posted 09.29.2011

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

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...

The Tower of Babel, Amazing Women and Moving Forward!

Lydia Fisher | Posted 09.29.2011

Lydia Fisher

Maybe, when things get so complicated, we return to the simple coming together, to get the job done. It got me thinking about the amazing women I've met over the years.