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Debt Deal

Elise Foley

Nancy Pelosi: 'You Won't See A Repetition Of Last Week' With Government Funding | Elise Foley | Posted 10.04.2011 | Politics

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) is attempting to lay a tougher line against funding cuts, telling reporters on Thursday th...

Sam Stein

Nancy Pelosi: Dems Will Be Forceful On Super Committee But Won't Draw 'Lines In The Sand' | Sam Stein | Posted 10.04.2011 | Politics

WASHINGTON -- Frustration on and off the Hill is mounting for Democrats who are worried that the newly created debt reduction "super committee" will e...

Social Security's Biggest Threat: The Debt Deal Super Committee

Russ Feingold | Posted 10.04.2011 | Politics
Russ Feingold

Unless congressional leaders appoint progressives willing to stand up to moneyed interests, the new congressional super committee will be nothing less than a chopping block for Social Security.

How Washington Took U.S. To The Brink In Debt Fight

Reuters | Posted 10.03.2011 | Politics

WASHINGTON (Reuters) - The world's largest economy was headed toward an unprecedented default, and all Washington wanted to talk about was the manner ...

Nearly Half Of Americans Say Debt Ceiling Deal Worsens Economy

The Huffington Post | Alexander Eichler | Posted 10.03.2011 | Business

Since President Obama signed a deal on Tuesday to extend the Treasury’s borrowing authority and reduce the federal deficit, it’s become clear that...

Mark Blumenthal

Gallup: Republicans Hate Deal More Than Democrats | Mark Blumenthal | Posted 10.03.2011 | Politics

WASHINGTON -- A new USA Today/Gallup poll conducted Tuesday night finds that more Americans oppose (46 percent) than favor (39 percent) the debt ceili...

Dan Froomkin

Progressive Despair: Austerity Top Priority As Economy Sputters, Americans Suffer | Dan Froomkin | Posted 10.03.2011 | Politics

WASHINGTON -- This week's big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they sa...

Obama's Surrender and a Progressive Path Forward

Tom Christopher | Posted 10.03.2011 | Politics
Tom Christopher

The Tea Partiers may make good on their threats to bring on a crisis. But perhaps, as in 1861, that is the only road to a political recalibration and national progress.

WATCH: Kids Explain The Debt Deal

Posted 10.03.2011 | Comedy

Update: Due to some mean-spirited comments directed at the two children in this video (on some other Web sites, not this one), the editors decided to ...

This Summer of Our Discontent Emboldens Activists Nationwide

Pearl Korn | Posted 10.03.2011 | Politics
Pearl Korn

Those lazy, hazy summer days of relaxing and thinking about traveling to far-off destinations is but a distant memory this year as we have been shocked back to brutal reality by the theatre of the absurd being played out in the debt ceiling fight in our nation's capitol.

Bill Gross: U.S. Is At The 'Tipping Point' Of Recession

The Huffington Post | Alexander Eichler | Posted 10.03.2011 | Business

The economy hasn’t slipped into recession yet, but it may be at a “tipping point,” according to Bill Gross, co-chief investment officer of the f...

Songs for the New Depression: Americana Icon Gillian Welch Storms Charts, Brings Stark Songs to DC

Art Levine | Posted 10.03.2011 | Entertainment
Art Levine

With the economy teetering on collapse with the new debt deal, music fans can prepare for the mournful times ahead by listening to the sad, evocative songs of Gillian Welch, whose sound is steeped in Depression-era bluegrass but updated for today's hard times.

A Tough But Necessary Pivot

Jared Bernstein | Posted 10.03.2011 | Politics
Jared Bernstein

Obama now needs to take advantage of his street cred as a compromiser, a grownup, a deficit cutter, and explain, as he did Tuesday, that while he understands the need to live within our means, we can't start cutting too soon.

The Recovery Is Dead, Long Live the Recovery

Robert Scheer | Posted 10.02.2011 | Business
Robert Scheer

Neither party has ever dared to use the deficit ceiling to blackmail the entire nation -- until now. And for that, the GOP is the party clearly at fault. But it is also true that it was Barack Obama who folded.

Why Has Obama Never Recognized the Tea Party?

David Bromwich | Posted 10.15.2011 | Politics
David Bromwich

Now that President Obama has signed the new debt ceiling into law and subscribed his party to an austerity program that assumes a state of permanent economic emergency, the question what made him do it? becomes more pressing than ever.

Behind-The-Scenes Photos From The White House Debt Negotiations

Posted 10.02.2011 | Politics

President Barack Obama brought an end to the heated debt ceiling debate Tuesday, signing a bill -- passed easily by the Senate earlier in the day -- t...

The Hostage Crisis Continues: Why Obama Can't Pivot to Jobs and Growth

Robert Reich | Posted 10.02.2011 | Politics
Robert Reich

What precisely will Obama fight for now that the debt deal has tied his hands? He says he wants to extend tax cuts for middle class families and make sure the jobless get unemployment benefits. Fine, but the new deal won't let him.

Enormous Cuts In Military Spending? Read The Fine Print

Medea Benjamin | Posted 10.02.2011 | Politics
Medea Benjamin

In this age of austerity, all the politicians are talking about the need for spending cuts. But when it comes to shared burdens and slashed budgets, don't expect the Pentagon to start holding bake sales anytime soon.

Jason Linkins

Why Ask Hard Questions About The Impact Of Debt Ceiling Negotiations When You Can Party Instead? | Jason Linkins | Posted 10.02.2011 | Media

Come one, come all, and celebrate the debt ceiling deal! Sure, we've no way of knowing if steep spending cuts will imperil the government's ability to regulate the sale of poisonous toys from China, but that's not journalism's job to worry about.

What Do You Think Of The Debt Deal?

Posted 10.02.2011 | College

Monday's debt deal has proved intensely controversial. The New York Times called it "terrible" while the the Delaware County Daily Times called it "a...

Congress' Missed Opportunity

Sen. Kirsten Gillibrand | Posted 10.02.2011 | Politics
Sen. Kirsten Gillibrand

It is unfortunate that Congress missed an opportunity today to seriously take on debt reduction with a balanced approach. I have not been in Washington long, but long enough to know it is broken.

Alexander Eichler

Real Impact, Extent Of Defense Cuts Remains Hard To Predict | Alexander Eichler | Posted 10.02.2011 | Business

The debt deal reached by the White House and congressional Republicans this Sunday includes $350 billion in security cuts over the next 10 years, with...

Graduate Students Hit Hard In Debt Deal

Posted 10.01.2011 | College

The debt deal reached by Congressional leaders and President Obama would keep the nation from defaulting on its loans, but it would make graduate scho...

Elise Foley

House Passes Debt Limit Deal | Elise Foley | Posted 10.01.2011 | Politics

WASHINGTON -- The House passed a bill on Monday evening to cut spending by $2.1 trillion and raise the debt ceiling until 2013, just one day before th...

Mark Blumenthal

Debt Deal Reaction: What Will Polls Say? | Mark Blumenthal | Posted 10.01.2011 | Politics

Pollsters have not yet had a chance to survey Americans on their reactions to Sunday night's compromise agreement to raise the debt ceiling, although ...