Debt Default

Pelosi, Boehner Trade Barbs Over Prospect Of Another Debt Limit Fight

HuffingtonPost.com | Jennifer Bendery | Posted 05.17.2012

Read More: Obama Debt, Deficit, Debt, Video, 2012 Elections, Debt Ceiling, John Boehner, Debt Default, Debt Limit, Nancy Pelosi, Obama Deficit, Politics News

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) on Thursday slammed House Speaker John Boehner (R-Ohio) for sparking another potential sho...

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Republicans Grip Up For Another Debt Showdown

HuffingtonPost.com | Jennifer Bendery | Posted 05.15.2012

Read More: Debt, Debt Ceiling Fight, Jay Carney, Patty Murray, Debt Ceiling, Debt Default, Senate Republicans, Olympia Snowe, Elections 2012, Debt Fight, John Thune, Susan Collins, John Cornyn, Deficit, Dick Lugar, Video, Harry Reid, Sequester, Politics News

WASHINGTON -- Despite the risk of economic and political fallout, Senate Republicans Tuesday said they're standing with House Speaker John Boehner (R-...

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The Accelerating Shift in Attitudes Towards Home Walkaways

Nicholas Carroll | Posted 11.22.2011

Read More: Home Walkaway, Strategic Defaults, Great Recession, Debt Default, Housing Market, Housing Crisis, Real Estate, Small Business America, Home Mortgages, Home Mortgage Default, Business News

There are a still few regions where foreclosure is never discussed beyond the immediate family, but it's less and less often due to the morality issue. This, I believe, is the beginning of the fourth and last wave of home walkaways.

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Credit Rating Agencies Not The Best At Predicting Sovereign Defaults

The Huffington Post | Alexander Eichler | Posted 10.12.2011

Read More: Fitch Ratings, National Default, Credit Downgrade, Default, Debt Default, Subprime Mortgage Crisis, Financial Crisis, Standard & Poor's, Credit Rating Agencies, Credit Rating, U.S. Credit Downgrade, U.S. Default, Moody's, Business News

Markets plunged this week after Standard & Poor’s downgraded the United States’ sovereign credit rating. But if history is any guide, the pronounc...

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Progressive Despair: Austerity Top Priority As Economy Sputters, Americans Suffer

HuffingtonPost.com | Dan Froomkin | Posted 10.03.2011

Read More: Deficit, Robert Rubin, Debt Ceiling, Spending Cuts, Deficit Spending, Economy, Spending, Debt Default, Debt Deal, Government Spending, Deficit Hawks, Deficit Reduction, Deficit Obsession, Peter Peterson, Obama Debt Ceiling, Politics News

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...

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Stock Market Plunges. The Free-Market God Is Angry With His Followers!

Richard (RJ) Eskow | Posted 10.02.2011

Read More: Delphic Oracle, Paul Krugman, Stock Market, An Economy for All, Debt Ceiling Deal, Brad De Long, Curbing Wall Street, Unemployment, Ricardian Equivalence, Debt Default, Ratings Agencies, Debt Ceiling Negotiations, Stimulus, AAA Rating, Business News

No sooner did the president and Boehner announce their agreement than the stock market fell dramatically. The all-knowing Stock Exchange, that Delphic Oracle of their cult, has looked upon their handiwork... and frowned.

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After the Debt Deal: Drifting Away on Lake Parable

Rick Horowitz | Posted 10.02.2011

Read More: Debt Default, Debt Ceiling, Debt Limit, Default, Debt Ceiling Decision, House Debt Ceiling Deal, Debt Ceiling Deal, Politics News

At first, we just thought they were waving. People take those little boats out on the water all the time -- they paddle around for a while, and then t...

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Romney Rejects Debt Deal

HuffingtonPost.com | Jon Ward | Posted 10.01.2011

Read More: Jon Huntsman, Michele Bachmann, Debt Ceiling, Debt Default, Debt Deal, Elections 2012, Mitt Romney, Republican Presidential Primary, Obama Debt Ceiling, Barack Obama, Politics News

WASHINGTON -- Republican presidential primary front-runner Mitt Romney rejected the debt ceiling deal reached over the weekend, saying it will lead to...

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America Will Avoid Default But There's A Lot More to Do

Mohamed A. El-Erian | Posted 09.30.2011

Read More: Default America, Debt Ceiling Default, Debt Limit, Debt Ceiling, U.S. Default, Obama Debt Ceiling, Debt Default, Politics News

Rather than declare victory, Washington should waste no time in redoubling efforts to remove the multiple policy uncertainties and structural impediments that stand in the way of restoring America on the path of high growth and plentiful job creation.

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States Preparing For Fallout If Debt Ceiling Deal Isn't Reached

AP | By MICHAEL R. BLOOD | Posted 09.30.2011

Read More: Republicans Debt Ceiling, U.S. Economy, White House Debt Ceiling, Debt Ceiling, Debt Default, Debt Limit, Sam Brownback, 112th Congress, U.S. Credit Rating, Congress Debt Ceiling, Politics News

LOS ANGELES -- As gridlocked Washington edges toward default, states staggering out of the last recession are preparing for the worst: The federal pig...

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Billionaire Downplays Downgrade Threat To Markets

Posted 09.30.2011

Read More: Downgrade, Debt, Debt Ceiling, U.S. Credit Rating, Downgrade Threat, Debt Default, Debt Debate, Business News

DUBLIN (Reuters) - A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross sa...

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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...

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

HuffingtonPost.com | Jennifer Bendery | Posted 09.29.2011

Read More: Debt, Obama Debt, Mitch McConnell, David Dreier, Eliot Engel, Debt Default, Obama Default, Elections 2012, House Republicans, Boehner Default, Reid Debt, Deficit, House Democrats, Nancy Pelosi, Debt Limit, Gop, 112th Congress, Republicans Default, Republicans Debt, Boehner Debt, Debt Ceiling Vote, Mcconnell Debt, House GOP, Gop Debt Ceiling, James McGovern, Harry Reid Debt Ceiling, Obama Debt Ceiling, Rep. Michele Bachmann, Michele Bachmann, Sander Levin, Harry Reid, Sen. Mitch McConnell, Debt Ceiling Debate, Politics News

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...

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New Dem Star Previews 2012 Argument In Debt Default Debate

HuffingtonPost.com | Michael McAuliff | Posted 09.29.2011

Read More: Nrcc, Debt, Kathy Hochul Election, Debt Ceiling, Debt Default, Elections 2012, National Republican Congressional Committee, Obama Debt Ceiling, New York, House Republicans, Kathy Hochul, Congress Debt Limit, House Democrats, Upstate New York, Nancy Pelosi, 112th Congress, Debt Ceiling Debate, Congress Debt Ceiling, Politics News

WASHINGTON -- The debt-ceiling battle may be a bitter fight in which the entire nation stands to lose, but Friday's House vote also revealed that Demo...

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Answering The Big What-If Questions Of Debt Default

Posted 09.29.2011

Read More: Interest Rates, Treasury Department, US Soldiers, Social Security, Credit Downgrade, Debt Ceiling, Default, Debt Default, Treasury, Barack Obama, US Treasuries, Business News

(Lauren Young) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise...

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Failure To Raise The Debt Ceiling Is Bad For Business

John Arensmeyer | Posted 09.29.2011

Read More: Small Business, Gang of Six, Debt Ceiling, Debt Default, Business News

With each passing day that politicians fail to make a deal, economic uncertainty grows, shaking the environment for small and large businesses alike.

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Senate Debt Bill Poised To Take U.S. To Edge Of Default

HuffingtonPost.com | Michael McAuliff | Posted 09.28.2011

Read More: Chuck Schumer, Debt, Debt Ceiling Talks, John Boehner Debt Ceiling, Mitch McConnell, Debt Ceiling, John Boehner, Debt Default, Obama Administration, Harry Reid Debt Ceiling, Boehner Debt Ceiling, Obama Debt Ceiling, Barack Obama, Debt Debate, Debt Deal, Harry Reid, 112th Congress, Mitch Mcconnell Debt Ceiling, Politics News

WASHINGTON -- Senate Democrats think they see a path to raising the nation's debt ceiling, but it will literally take the country down to the wire -- ...

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Eric Cantor's District May Lose AAA Credit Rating

HuffingtonPost.com | Amanda Terkel | Posted 09.28.2011

Read More: Debt Ceiling, Moodys, Debt Default, Chris Coons Debt, Aaa Credit Rating, Chris Coons, Eric Cantor, Eric Cantor Debt, Default, Moody's Investor Services, Debt Limit, Credit Rating Debt Ceiling, 112th Congress, Rep. Eric Cantor, Moodys Default, Moodys Debt Ceiling, Eric Cantor Debt Ceiling, Politics News

WASHINGTON -- Moody's Investors Service is warning 162 local governments that they risk a downgrade of their AAA credit rating because of the federal ...

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Hoyer Backs Obama Using 14th Amendment To Resolve Debt Crisis

HuffingtonPost.com | Jennifer Bendery | Posted 09.27.2011

Read More: Boehner Default, Boehner Debt, Obama Debt, Deficit, Debt, Obama Default, Debt Default, Debt Limit, Elections 2012, 112th Congress, Republicans Default, Republicans Debt, 14th Amendment Debt Ceiling, 14th Amendment, Obama, Debt Crisis, Obama 14th Amendment, Politics News

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

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Playing Russian Roulette With the Debt

Joel Rubin | Posted 09.26.2011

Read More: Debt, Congress, Nuclear Weapons, Debt Ceiling, Default, Debt Default, Medicare, Medicaid, Israel, Politics News

What we need now is for our leaders to pull back from the brink and advance a plan that will protect our economy, meet our obligations to our seniors and veterans, and reassure our allies.

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GOP Sen. Bob Corker Disses Boehner, Praises Reid On Debt

HuffingtonPost.com | Michael McAuliff | Posted 09.26.2011

Read More: Debt, Video, Senate Debt Ceiling, John Boehner Debt Ceiling, Debt Ceiling, John Boehner, Debt Default, Debt Limit, Bob Corker, 112th Congress, Harry Reid, Senate Democrats, Politics News

WASHINGTON -- Conservative Sen. Bob Corker (R-Tenn.) sounded Wednesday like he prefers the looks of the Democratic budget-cutting plan better than Ho...

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Compromise Is Not a Dirty Word

Madeleine M. Kunin | Posted 09.26.2011

Read More: Political News, U.S. Economy, Debt Ceiling, Debt Default, Debt Limit, Debt Ceiling Negotiations, Debt Ceiling Economy, Obama Debt Ceiling, Debt Crisis, Debt Ceiling Debate, Congress Debt Ceiling, Politics News

Compromise, contrary to popular opinion, does not mean selling out one's principles. Compromise means working out differences to forge a solution which fits the diversity of the body politic.

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Senate Debt Timeline Leaves Razor-Thin Margin For Error

HuffingtonPost.com | Michael McAuliff | Posted 09.26.2011

Read More: Debt, Debt Ceiling, John Boehner, Debt Senate, Debt Default, Default Timeline, John Boehner Debt, Harry Reid, Debt Ceiling Senate, Harry Reid Debt, Politics News

WASHINGTON -- Unless Republicans in the Senate drop opposition to Majority Leader Harry Reid's (D-Nev.) plan to raise the nation's debt limit, the soo...

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What World Leaders Think About The U.S. Debt Ceiling Debate

Posted 09.25.2011

Read More: U.S. Economy, Republicans Debt Ceiling, Debt Crisis, Global Economy, Debt Ceiling, Debt Default, World Leaders, Obama Debt Ceiling, Barack Obama, Global Economic Crisis, Madeleine Albright, European Debt Crisis, Debt Limit, Hillary Clinton, Debt Ceiling Economy, Debt Ceiling Debate, Congress Debt Ceiling, Politics News

As Washington struggles to find compromise on its way to a debt ceiling deal, international leaders have spoken out on the U.S. debt situation and the...

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9 Reasons Why Not Reaching a Debt Deal Is Good For My Small Business

Gene Marks | Posted 09.25.2011

Read More: Deficit, Small Business, Debt Ceiling, Debt Dafault, Debt Default, US Government Default, Debt Deal, Gop Debt Deal Boehner Debt Deal, US Default, Debt Ceiling Deal, Comedy News

Higher interest rates means I can start earning more than the .0005% annual interest that I'm now getting on my savings account, allowing me to afford a few of the finer things in life. Honey, get your pocketbook: we're going to Pizza Hut... in six months.

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