Category Archives: Debt Ceiling

The Democrat-controlled Senate voted 50 to 49 in favor of ending debate on the measure, but failed to get the necessary 60 votes required to move to a final vote. WASHINGTON — Congressional leaders and President Obama on Sunday night … Continue reading →

That the GOP is being pulled in opposite directions by its rabid tea party base and its overlords on Wall Street has been clear for months, but the debt ceiling negotiations, and Senate Minority Leader Mitch McConnell's Post-Debt Ceiling Threats. … Continue reading →

WASHINGTON — Some congressional conservatives are discounting their own leaders' claim that defaulting on the nation's debt would be disastrous. GOP presidential hopeful Michele Bachmann was one of three House members WASHINGTON — Some congressional conservatives are discounting their own … Continue reading →

Just 20 days from now, if the country's top politicians cannot reach an agreement to raise the debt ceiling the United States of America could be the next Greece: Dead broke. If the federal government defaults on its debt obligations, … Continue reading →

Andrew Cuomo and New York City Mayor Michael Bloomberg are urging political leaders in Washington to work out a deal to raise the debt ceiling, something that has been hamstrung by partisan back-and-forth between President Barack Obama and House It's … Continue reading →

Cantor's stated resistance to a grand bargain freighted with revenue increases — and the perception that his position reflected the pulse of the GOP conference — likely influenced Boehner's decision to scuttle his WASHINGTON — Senate Minority Leader Mitch McConnell … Continue reading →

By Paul Bedard Predictions in Congress are growing that House and Senate leaders will cancel some or all of the four-week August recess to work on a deal to raise the debt ceiling, with some suggesting that the talks could … Continue reading →