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Debt Talks

House Republicans Prepare Harsh New Debt Ceiling Demands

nationaljournal.com | Posted 07.08.2013 | Politics

GOP’s opening move will be a ‘menu’ of mandatory spending cuts for Obama to consider. Here’s what it looks like. ...

Paul Blumenthal

Centrist Group Masks GOP Backing

HuffingtonPost.com | Paul Blumenthal | Posted 12.03.2012 | Politics

WASHINGTON -- Members of the influential Campaign to Fix The Debt struck a posture of post-partisan political neutrality this past week, as they swarm...

John Boehner: Congress 'Never Going To Give Up' Debt Ceiling Powers

The Huffington Post | Alana Horowitz | Posted 12.02.2012 | Politics

John Boehner (R-Ohio) said that giving the president control of the debt ceiling is "silliness." "Congress is never going to give up this power," ...

Jennifer Bendery

Joe Biden: Eric Cantor Told Me, 'I'll Lose My Position' If I Cut A Debt Deal With You

HuffingtonPost.com | Jennifer Bendery | Posted 03.13.2012 | Politics

WASHINGTON -- Vice President Joe Biden trashed congressional Republican leaders on Monday night for their failure to deliver on a debt deal last summe...

Boehner: 'Some Of The Dumbest' People In America Are Members Of Congress

The Huffington Post | Alana Horowitz | Posted 03.11.2012 | Politics

Great news, America! Some of the dumbest people in the country are leading your nation, according to Speaker of the House John Boehner. "We got so...

Stocks Plunge As Debt Talks Remained Stalled

AP | MATTHEW CRAFT and DANIEL WAGNER | Posted 01.21.2012 | Business

NEW YORK — The stock market was not exactly surprised that a so-called supercommittee in Congress failed to reach a deal to cut the federal budg...

GOP Economic Policies Under Heavy Fire

nytimes.com | Posted 10.13.2011 | Politics

WASHINGTON -- The boasts of Congressional Republicans about their cost-cutting victories are ringing hollow to some well-known economists, financial a...

Dave Jamieson

Congress Leave Aviation Workers Without Paychecks

HuffingtonPost.com | Dave Jamieson | Posted 10.02.2011 | Politics

WASHINGTON -- The failure of Congress to authorize a budget for the Federal Aviation Administration has put some 4,000 agency employees and tens of th...

Debt Deal Nails Defense Budget

AOL Defense | Posted 10.01.2011 | Politics

Few things seem certain at this point from the budget deal struck yesterday. One point that three Hill sources agree on is that the Defense Department...

Sam Stein

Debt Ceiling Deal Paves Way For Potentially Historic Lobbying Campaign

HuffingtonPost.com | Sam Stein | Posted 10.01.2011 | Politics

WASHINGTON -- The super committee established under the still-to-be-passed debt ceiling deal has been granted immense powers to make its recommendatio...

Wall Street CEOs Warn 'Very Grave' Consequences Of Default

Reuters | Posted 09.27.2011 | Business

Chief executives from the nation's largest financial firms Thursday pressured the White House and Congress to reach a deal on the debt ceiling and def...

Failure To Raise U.S. Debt Limit 'Very Serious' For Global Economy, IMF Chief Says

AP | By CHRISTOPHER S. RUGABER and PALLAVI GOGOI | Posted 09.25.2011 | Business

WASHINGTON -- The impact of a failure to raise the U.S. borrowing limit could extend beyond America's borders and damage the global economy, the chief...

Ryan Grim

Super Congress Moves Forward Despite Tea Party Opposition

HuffingtonPost.com | Ryan Grim | Posted 09.24.2011 | Politics

WASHINGTON -- A powerful coalition that includes Tea Party members of Congress rejected a debt ceiling offer from House Speaker John Boehner (R-Ohio) ...

Sam Stein

McConnell-Reid Debt Deal Close To Being Scrapped, Larger Package In Reach

HuffingtonPost.com | Sam Stein | Posted 09.20.2011 | Politics

WASHINGTON -- The fail-safe debt ceiling plan crafted by the Senate's top two leaders, Harry Reid (D-Nev.) and Mitch McConnell (R-Ky.), is close to be...

Bill Clinton Backs 14th Amendment Option

The National Memo | Joe Conason | Posted 09.17.2011 | Politics

Former President Bill Clinton says that he would invoke the so-called constitutional option to raise the nation’s debt ceiling “without hesitation...

Time for Congress to End Big Oil Subsidies

Carl Gibson | Posted 09.14.2011 | Business
Carl Gibson

At a time Republicans are holding the debt ceiling hostage, why hasn't Congress voted to stop wastefully subsidizing these tax-dodging oil companies?

Jennifer Bendery

White House: Cantor Should Be In Debt Talks

HuffingtonPost.com | Jennifer Bendery | Posted 09.13.2011 | Politics

WASHINGTON -- White House spokesman Jay Carney signaled Thursday that House Majority Leader Eric Cantor (R-Va.) is still a welcome participant in debt...

Sam Stein

Wall Street Warns Congress: The Economy Post-Default Is A Man Post-'Suicide'

HuffingtonPost.com | Sam Stein | Posted 09.12.2011 | Politics

UPDATE -- 5:50 p.m.: By the end of Wednesday, the market seemed fully aware of the debt ceiling debate. U.S. stock-index futures fell after Moody's In...

Sam Stein

Mitch McConnell: 'I Refuse To Help Obama Reelection'

HuffingtonPost.com | Sam Stein | Posted 09.12.2011 | Politics

WASHINGTON -- Senate Minority Leader Mitch McConnell (R-Ky.), under siege from conservatives over his opt-out proposal for the debt ceiling debate, de...

The Debt Ceiling: Simplify the Process; Solve the Problem

Rep. Diana DeGette | Posted 09.12.2011 | Politics
Rep. Diana DeGette

Agree to raise the debt limit. Period. Disagreeable as it may be for some, this necessary step should not be held hostage by budget negotiations around spending and budget balancing.

Jennifer Bendery

McConnell Offers Debt Ceiling Out, But Obama Keeps Focus On Deficit

HuffingtonPost.com | Jennifer Bendery | Posted 09.11.2011 | Politics

WASHINGTON -- There were no real signs of progress in Tuesday's White House debt talks. But the meeting did shed light on two evolving dynamics taking...

Treasury Officials Weighing Options To Avoid Default

Reuters | Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan | Posted 09.05.2011 | Business

By Richard Cowan, Rachelle Younglai, Tim Reid and Caren Bohan WASHINGTON (Reuters) - A small team of U.S. Treasury officials is discussing opti...

Obama Offers Social Security Cuts In Debt Negotiations

The Washington Post | Lori Montgomery | Posted 09.05.2011 | Politics

President Obama is pressing congressional leaders to consider a far-reaching debt-reduction plan that would force Democrats to accept major changes to...

Elise Foley

Sessions Warns Of Crisis If Debt Deal Fails

HuffingtonPost.com | Elise Foley | Posted 09.05.2011 | Politics

WASHINGTON -- The House or Senate might reject a final proposal for raising the debt ceiling if the plan does not make sufficient cuts, Sen. Jeff Sess...

Michael McAuliff

Dems Suggest GOP's Budget Stand Is Nutty And Dangerous

HuffingtonPost.com | Michael McAuliff | Posted 08.30.2011 | Politics

WASHINGTON -- Democrats think they have a winning strategy in the deadlocked debt debate: casting Republicans as single-minded lunatics who will prote...