By THE ASSOCIATED PRESS WASHINGTON — Treasury Secretary Jacob Lew is telling Congress that the administration will begin taking steps next week t...
BY ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON -- The Republican-controlled House is moving to put U.S. bondholders and people on Social Securit...
Sen. Tom Coburn (R-Okla.) claimed Tuesday that a Republican-led refusal to raise the debt ceiling could be a "wonderful experiment" in forcing the gov...
House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to fin...
Nevertheless, by vowing to block any increase in the debt limit until the administration accedes to their budget demands, congressional conservatives have embraced this new nihilism
Senate Minority Leader Mitch McConnell is threatening to risk a default on the national debt unless President Obama agrees to large spending cuts. But playing politics with the debt ceiling is a dangerous and inappropriate game.
Time is running out, but it's not too late for Republicans to choose to put common sense and governing ahead of branding and ideology. That's the only way we'll be able to move past the cliff and move forward as a nation, together.
OWS is certainly muscling (buying?) its way in, but with a "business" model that collection agencies and debt buyers would not have entertained in a lifetime.
WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) on Thursday slammed House Speaker John Boehner (R-Ohio) for sparking another potential sho...
WASHINGTON -- Despite the risk of economic and political fallout, Senate Republicans Tuesday said they're standing with House Speaker John Boehner (R-...
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.
Markets plunged this week after Standard & Poor’s downgraded the United States’ sovereign credit rating. But if history is any guide, the pronounc...
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...
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.
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...
WASHINGTON -- Republican presidential primary front-runner Mitt Romney rejected the debt ceiling deal reached over the weekend, saying it will lead to...
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.
LOS ANGELES -- As gridlocked Washington edges toward default, states staggering out of the last recession are preparing for the worst: The federal pig...
DUBLIN (Reuters) - A downgrade of sovereign debt would not necessarily have a big impact on financial markets, billionaire investor Wilbur Ross sa...
WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) may not be pushing the issue publicly, but in private she "clearly" supports President Bar...
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...
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...
(Lauren Young) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise...
With each passing day that politicians fail to make a deal, economic uncertainty grows, shaking the environment for small and large businesses alike.
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 -- ...
