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Debt Limit

Peterson Study: Tea Party Extremism Cost Millions of Jobs -- And Risks Millions More

Joe Conason | Posted 01.23.2014 | Politics
Joe Conason

The shutdown alone reduced economic activity in the United States by at least $24 billion and cut growth in the current quarter by as much as 0.6 percent. But that is just the beginning of a much grimmer inventory of suffering.

Zach Carter

Top Republican Slams Ted Cruz: 'Show A Little Self-Restraint'

HuffingtonPost.com | Zach Carter | Posted 10.20.2013 | Politics

Former Florida Gov. Jeb Bush (R) said Sunday that Sen. Ted Cruz (R-Texas) and other tea party members of Congress need to "show a little self-restrain...

Zach Carter

Marco Rubio Rewrites Government Shutdown History

HuffingtonPost.com | Zach Carter | Posted 10.21.2013 | Politics

WASHINGTON -- Sen. Marco Rubio (R-Fla.) on Sunday attempted to distance himself from the government shutdown strategy he and other potential GOP presi...

Obama Signs Budget Deal, Reopening Government And Averting Default

Posted 10.17.2013 | Politics

President Barack Obama signed a budget bill early Thursday morning to reopen the government and avert a potential debt default. The deal, which was...

Oliver Noble

Senators Bizarrely Applaud Each Other For Resolving Crisis Senate Sparked

HuffingtonPost.com | Oliver Noble | Posted 03.21.2014 | Politics

The 100 least self-aware people in America gathered Wednesday night on the Senate floor to applaud themselves for the work they did resolving the cris...

Politicians React To Shutdown, Debt Ceiling Deal

Posted 10.16.2013 | Politics

As Senate leaders came to an agreement Wednesday on reopening the government and lifting the debt ceiling, many members of Congress took to Twitter to...

Here's The Full Text Of The Senate CR Debt Ceiling Deal

The Huffington Post | Posted 10.16.2013 | Politics

Senate leaders unveiled a deal Wednesday to reopen the government and avoid a potential debt default. Below, the full text of the deal: Senate C...

Today's Budget Agreement Reaffirms an Important Principle

Bob Greenstein | Posted 12.16.2013 | Politics
Bob Greenstein

The budget agreement that Senate leaders announced today marks an important victory for the principle that shutting down the government and threatening national default aren't acceptable ways for either party to pursue policy concessions and should always be rejected.

Take Courage for the Common Good, Reopen Government, Prevent Debt Default

Rabbi Arthur Waskow | Posted 01.23.2014 | Religion
Rabbi Arthur Waskow

Yesterday (Oct 15), more than 70 prominent religious leaders joined with locked-out federal workers in a pilgrimage on Capitol Hill to urge an immediate end to the government shutdown and urgent passage of laws to prevent a default on the U.S. debt.

Obama Praises Senate Deal

Posted 10.16.2013 | Politics

White House press secretary Jay Carney said Wednesday that President Barack Obama is pleased with the deal on the government shutdown and debt ceiling...

Michael McAuliff

Senate Deal Reached, As Boehner Concedes Defeat

HuffingtonPost.com | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- Senate leaders unveiled a deal Wednesday to reopen the government and avoid a potential debt default that does virtually nothing to Obam...

Senate Announces Shutdown, Debt Ceiling Deal

Posted 10.16.2013 | Politics

Senate Majority Leader Harry Reid (D-Nev.) announced Wednesday that he and his Republican counterpart Mitch McConnell (Ky.) have reached a deal to end...

GOP Debt Ceiling Truthers Want You To Listen To Them, Not The Experts. What Could Go Wrong?

The Huffington Post | Nick Wing & Shadee Ashtari | Posted 10.16.2013 | Politics

There's still hope that catastrophe could be averted as a deal to raise the debt ceiling gains traction in Congress, even among Republicans who have a...

Michael McAuliff

Boehner Prepared To Move Deal

HuffingtonPost.com | Michael McAuliff | Posted 10.17.2013 | Politics

WASHINGTON -- House Speaker John Boehner (R-Ohio) is ready to take up the Senate deal to end the fiscal standoff, with less than a day before a potent...

Congress Shouldn't Raise the 'Debt Limit' -- It Should Repeal It

Scott Lilly | Posted 01.23.2014 | Politics
Scott Lilly

The "debt-limit" resolution purports to be something that it clearly is not -- a tool for shaping and redefining the nation's fiscal policy -- and, in reality, plays a totally nonsensical role.

GOP Senator: Bipartisan Deal In Hand To Reopen Government, Avoid Default

AP | Posted 10.16.2013 | Politics

WASHINGTON (AP) — A Republican senator says she understands Senate leaders have reached an agreement to avoid a Treasury default and reopen the gove...

Stocks Rise On Debt Deal Hopes

Reuters | Posted 10.16.2013 | Business

NEW YORK (Reuters) - Stocks surged on Wednesday on optimism that lawmakers, with time running out, would agree on a deal to prevent a U.S. debt defaul...

Tea Party ... WINNING!

Shan Wells | Posted 12.16.2013 | Denver
Shan Wells

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Shutdown Talks Continue As Default Looms

The Huffington Post | Posted 10.16.2013 | Politics

The government is still shut down, and lawmakers are working toward a last-minute deal to avert a federal default. According to the AP, many lawmak...

Warren Buffett: 'Creditworthiness Is Like Virginity'

AP/HuffPost | Posted 12.16.2013 | Business

OMAHA, Neb. -- OMAHA, Neb. (AP) -- Billionaire Warren Buffett says it would be idiocy for the nation's leaders to allow the United States to default o...

Ashley Alman

Boehner Tells Reid He'll Move Quickly: Report

HuffingtonPost.com | Ashley Alman | Posted 10.15.2013 | Politics

The office of Speaker Boehner told the office of Majority Leader Harry Reid's on Tuesday night that they would be willing to send them a "message" so ...

'He Can't Control His Caucus'

Reuters | Posted 01.23.2014 | Politics

(Updates with more quotes, background) By Steve Holland and Mark Felsenthal WASHINGTON, Oct 15 (Reuters) - President Bar...

Sabrina Siddiqui

Senate Budget Deal 'Imminent' After After House Fails

HuffingtonPost.com | Sabrina Siddiqui | Posted 10.16.2013 | Politics

WASHINGTON -- Moments after House Republicans failed to advance a plan to end the government shutdown and avert default, Senate leaders took matters b...

Michael McAuliff

GOP Rep: 'This Party Is Going Nuts'

HuffingtonPost.com | Michael McAuliff | Posted 10.16.2013 | Politics

A sizable contingent of more moderate Republicans have watched with alarm as their party has been commandeered by tea party members and right-wing act...

Michael McAuliff

Conservatives Sink House Debt Deal

HuffingtonPost.com | Michael McAuliff | Posted 10.16.2013 | Politics

WASHINGTON -- Conservative tea party-aligned groups shot down House Republicans' ill-starred proposal to keep the government open Tuesday, forcing GOP...