| The Congressional Budget Office (CBO) reports that House Speaker John Boehner's (R-OH) revised debt limit plan would cut $917 billion over the next decade, which is more than he is proposing to lift the debt ceiling by $900 billion. In a statement, ... |
![]() | Senate to Boehner: no deal (Larry Downing/Reuters) Talk about caucus unity : The entire Senate Democratic caucus -- including independents Joe Lieberman (CT) and Bernie Sanders (VT) -- have a succinct message for House Speaker John Boehner: cram it! ... |
| The closer our government gets to hitting the debt ceiling, the more anxious the atmosphere becomes across the country. No one knows exactly what will happen if our debt ceiling is reached; however, the potential consequences to the economy are too ... |
| The Congressional Budget Office has now thrown a brick at both the House debt ceiling proposal and the Senate's. Tuesday, it said Speaker John Boehner's plan saves much less than he thought. Wednesday, it said the same thing about the Senate Democrat ... |
| What does the news media do when a critical national debate is tainted by a lie? Not a whole lot. During the debt ceiling showdown, the Republicans have clearly calculated that an effective charge to hurl at President Barack Obama and the Democrats ... |
![]() | (Yuri Gripas/Reuters) Think Progress's Igor Volsky picks up on a Politico report stating that before talks between President Obama and House Speaker John Boehner broke down last Friday, the two had agreed to raising the eligibility age for Medicare. ... |
![]() | It's looking like all-out war within the GOP. House Speaker John Boehner is facing a backlash from members of his own caucus as Tea Party-backed conservatives insist that the top Republican's debt ceiling plan is too soft. ... |
| WASHINGTON -- In the midst of tense negotiations over the nation's debt ceiling, an all-star cast of Republican lawmakers addressed a Tea Party rally held... ... |
| Speaker John Boehner (R-Ohio) received some much-needed good news Wednesday from the Congressional Budget Office, which credited his slightly revised deficit reduction package with cuts that exceed its debt limit increase. ... |
![]() | Over the weekend, we used our weekly rotating question to ask about a topic that's on everyone's minds. Public Policy Polling for Daily Kos/SEIU (7/21-24, registered voters): Q : If negotiations between President Obama and Congressional Republicans ... |
| Democrats oppose Boehner's measure because it would require another vote to raise the debt ceiling before Election Day 2012. Read more... ... |
| House Speaker John Boehner's plan to raise the debt ceiling and reduce the deficit gained support Wednesday but still faces resistance among conservatives. Nell Henderson has the latest from Washington. ... |
| WASHINGTON -- One day after being rebuked for introducing a debt ceiling plan that fell short of the Tea Party's desired levels of cuts, House... ... |
| Intense pressure from House Republican leaders on their members appeared to build momentum Wednesday for Speaker John Boehner’s debt-limit bill. Read more... ... |
| Rep. Peter Welch (D-Vt.) is advocating for a "clean" debt ceiling bill with just days to go until the nation hits a projected default deadline, even though a similar measure failed in May. ... |
| By Matthew Dowd - contributor to ABC News: As the intricacies of budget cuts, tax increases and whether to raise the debt ceiling in one stage through the 2012 elections or in two stages are hashed out by the president,... ... |
| The Week - Many Tea Party Republicans reject the House speaker's debt plan. Will they get the deeper cuts they want, or just weaken their own hand? ... |
| Thursday’s vote on the House Republican debt-limit bill has quickly become a referendum on Speaker John Boehner. Read more... ... |
| A report from the Congressional Budget Office could help Speaker John A. Boehner sell his debt-ceiling legislation to conservatives in his party. ... |
| All 51 Senate Democrats and two independents signed a letter Wednesday opposing Speaker John Boehner's deficit reduction plan, setting up a showdown if the House manages to pass it Thursday. ... |
| Even if he can get his debt ceiling bill through the House, 53 Democratic senators tell John A. Boehner, it will die in the Senate. ... |
![]() | Americans are watching with growing disgust Washington's embarrassing inability to reach a reasoned and reasonable compromise in raising the debt-ceiling limit. ... |
| With the Aug. 2 debt ceiling deadline approaching and no agreement in sight, some House Democrats are calling on President Barack Obama to raise the debt ceiling on his own by citing authority in the 14th Amendment. ... |
| The Christian Science Monitor - As House Speaker John Boehner works to build support for his plan to avert a federal debt crisis, he faces new criticism from the tea party wing of the Republican party. ... |
| Robert Siegel talks with Rep. Tim Huelskamp, a freshman Republican from Kansas, about whether he'll vote for House Speaker John Boehner's proposal for lifting the debt ceiling. He has said he would not vote for the original proposal — and talks about ... |
| With the possibility of John Boehner's debt package going down in flames , the GOP leadership is going medieval . Last night Boehner and Company fired up the troops by playing this movie clip: ... with the line: I need your help. I can’t tell you wh ... |
| In a fiery press conference on Friday, after House Speaker John Boehner (R-Ohio) abandoned debt ceiling negotiations with the White House, President Obama vented his frustration at top Republicans in Congress. "I’ve been left at the altar now a coup ... |
| The Ticket - Frustrated by the sniping of conservative critics who opoose House Speaker John Boehner's plan to raise the debt ceiling, Arizona Sen. John McCain unleashed on tea party groups Wednesday. The former Republican presidential candidate went ... |
| New York (CNNMoney) - The House's second take on a bill to resolve the debt ceiling crisis would meet a... ... |
| Had the Bush tax cuts expired on schedule, the projected savings over the next ten years would have been at least four trillion dollars. Instead, the deal brought forward the date on which the U.S. government would hit its debt ceiling. ... |
| With all the Washington dysfunction over the debt ceiling, it's easy to forget the reality of the debt problems everyone says they want to fix. ... |
| With the clock ticking down, House Speaker John Boehner will rewrite his debt ceiling legislation to ensure that it meets his oft-stated pledge to cut spending more than Congress increases the federal borrowing limit. ... |
| It was another day in Washington, D.C., without a deal to raise the debt ceiling. Robert Siegel and Michele Norris report on the latest. ... |
| With debt ceiling negotiations at a near standstill, and the August 2 deadline drawing ever closer, what was once thought impossible has already occurred --... ... |
| ABC News' Dan Arnall (@abcmoneyguy) As Washington continues to debate the solution to the nation’s debt ceiling and deficit reduction plans, Wall Street has seen a steady erosion, today marking the fourth day in a row with negative results. Investors ... |
![]() | (Jonathan Ernst/Reuters) How pathetic. Tea partiers—the fringe element of the Republican Party who have forced John Boehner & Company to hold the full faith and credit of the United States hostage— held a rally in Washington today to protest any dea ... |
| Washington (CNN) – There is a growing sense among Democratic and Republican Senate leadership aides that House Speaker John Boehner,... ... |
| Everyone at the center of the fake negotiations over the fake debt ceiling crisis has their own bad metaphor that they use to describe what... ... |
| ABC News' Amy Walter (@amyewalter) reports: One of the biggest critics of Speaker John Boehner’s so-called “two step” plan on the debt ceiling is the conservative group the Club for Growth. In a statement yesterday afternoon, the group wrote that... ... |
| (CNN) - Despite his own party's growing push to raise the federal debt ceiling, Republican Gov. Rick Scott of Florida... ... |
| As previously reported, the fake debt ceiling negotiations that are imperiling America have gotten so ridiculous that now the GOP caucus is straight up having... ... |
![]() | What's at the heart of the current conflict over the debt ceiling being raised is an unacknowledged conflict between people who want to essentially end government that "promotes the general welfare" and the rest of us. Though the same folk are A-ok ... |
![]() | AP - Despite his image as a button-down Republican, House Speaker John Boehner walked to the brink of a dramatic and historic agreement to change the government's spending habits. ... |
| The Wall Street Journal editorial page rips into the House Republicans rebelling against House Speaker John Boehner's (R-OH) debt reduction plan. "The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or gradu ... |
| House Speaker John Boehner turned an embarrassing analysis of his plan to his advantage. The delay gave him time to corral recalcitrant Republicans and garner the votes to pass the plan in the House. The Senate is another story. ... |
| House Republicans called for the firing of Republican Study Committee staffers after they were caught sending e-mails to conservative groups urging them to pressure lawmakers to vote against Speaker John Boehner's debt proposal, Politico reports. Law ... |
![]() | In a brief press conference just now, Harry Reid made it absolutely clear that John Boehner's debt ceiling plan will be dead on arrival if it ever makes its way to the Senate from the House. Standing alongside Chuck Schumer and Patty Murray, Reid sa ... |
![]() | Yves Smith on RNN 3: Ways Around the Debt Ceiling ... |
| AP - House Speaker John Boehner says an estimate from congressional budget analysts shows the revised House Republican plan cuts the deficit by $22 billion in the first year. ... |
| Stung by revelations that his plan would cut spending less than advertised, House Speaker John Boehner pushed off a vote on a debt-ceiling measure that was also running into opposition from Tea Party conservatives. The move came just a week before an ... |
![]() | AP - A leader of House GOP conservatives apologized to fellow Republicans Wednesday for an email sent by a staff aide to conservative groups urging them to lobby wavering lawmakers against Speaker John Boehner's debt plan. ... |
| Elvin Lim : "America is the only country in the world that has the luxury of creating an economic crisis when there isn't one. Ours is the only democracy with a debt ceiling, with the exception of Denmark, which raises its ceiling well in advance of ... |
| WASHINGTON -- Conservative Sen. Bob Corker (R-Tenn.) said Wednesday that he likes the looks of the Democratic budget-cutting plan better than House Speaker John Boehner's... ... |
| House Speaker John Boehner said he would rewrite his proposal to include more cuts after the Congressional Budget Office said the measure would reduce spending less than advertised. The CBO said a competing plan from Senate Majority leader Harry Reid ... |
| The deadline on a debt deal looms, with no compromise in sight. Many rank and file House Republicans trashed Speaker John Boehner's plan, and a proposal in the Senate has little support in the House. Host Neal Conan and political junkie Ken Rudin tal ... |
![]() | Thom Hartmann vs. Peter Ferrara on the Debt Ceiling ... |
![]() | Faced with a conservative Republican rebellion, House Speaker Boehner asked for Republican unity, saying he needed "an army" standing behind him to support his plan to raise the debt ceiling and reduce the deficit. ... |
| First the House debt ceiling bill came up short. Now it's the Senate bill. ... |
| NEW YORK (CNNMoney) – First the House debt ceiling bill came up short. Now it's the Senate bill. The Congressional... ... |
| ABC News' Sunlen Miller (@sunlenmiller) reports: As Speaker of the House John Boehner is looking for votes on his House debt bill, one Senate Republican sent a strong message to the Tea Party block in the House and Senate that... ... |
| National Journal reports "one of the louder voices" in the debt ceiling debate belongs to David Addington, "the architect of the George W. Bush administration's harsh interrogation policies and a former chief of staff for then-Vice President Dick Ch ... |
![]() | By Richard K. Barry and Michael J.W. Stickings RKB : For some reason, my mind is i n New Jersey today, which is, by the way, a very beautiful, though sometimes maligned, state. I grew up in New York on the Jersey border, and sometimes made it down t ... |
![]() | Another swing and a miss from Boehner ( Keith Allison ) As Hunter reported yesterday, John Boehner and his fellow nihilists in the House have been forced back to the drawing board on their latest debt ceiling proposal: Boehner had promised a packa ... |
| Sen. John McCain's (R-AZ) called congressional members of the Tea Party "foolish" and "deceiving" for thinking they can withhold their support for any debt ceiling bill -- Republican or Democratic -- if there is no Balanced Budget Amendment included, ... |
| Despite the prospect of U.S. debt default if an Aug. 2 deadline isn't met, lawmakers continue to wrangle over competing proposals to increase the debt limit and cut spending. The House is working on a plan put forward by Speaker John Boehner; awaitin ... |
![]() | AP - With a friendly smile and an outstretched hand, Kay Goto reached for Sen. Jim DeMint Wednesday as he left the stage of a tea party rally and headed across Constitution Avenue to the Senate. The debt ceiling debate was roiling Congress, and he h ... |
| Reading the apologias for the bad bargaining by Democrats, I've come to the point that I can see only two alternatives: (1) either Bill Clinton was the greatest political bargainer in recent memory, or (2) a lot of people do not understand bargainin ... |
![]() | (Yuri Gripas/Reuters) John Boehner's final pitch: A large number of conservative Republicans are opposing Boehner’s proposal, arguing it does not go far enough in reducing government spending. But Boehner said he couldn’t understand why any Republ ... |
| Part of the debate over the debt ceiling has involved the idea that the credit rating of the U.S. Government would be downgraded by rating agencies if the nation were to default on its debt. ... |
| In the latest issue of The New Yorker , James Surowiecki argues that the United States doesn't need and shouldn't have a debt ceiling. Mary Louise Kelly talks with Surowiecki about his reasoning. ... |
| House Speaker John Boehner, battling resistance from within his own party as he intensifies a debt- ceiling standoff with President Barack Obama, worked to salvage his plan to tie the nation’s borrowing power to spending cuts and budget controls. ... |
| Senator Barbara Mikulski's support signaled that her party's discomfort with the spending cuts in Senator Harry Reid's debt ceiling plan may not derail its passage. ... |
![]() | Greg Sargent does a brief rundown of where the debt ceiling fight goes from here : Here’s the game plan, as seen by Senate Dem aides: The next move is to sit tight and wait for the House to vote on Boehner's proposal. The idea is that with mounting ... |
| Allowing the August 2nd deadline go by without legislation passed by Congress and signed by the president to raise the debt ceiling (with severe spending cuts included in such legislation) may be the least bad option left on the table. ... |
| Time.com - According to President Obama, Congress has become mired in negotiations to raise the debt ceiling and trim federal deficits ... |
| House Republicans are struggling to come up with the votes to pass Speaker John Boehner’s (R-Ohio) new plan to raise the nation’s debt ceiling. Read more... ... |
| Democrats and Republicans remain at a stalemate on how to reach a debt ceiling deal before the United States government defaults. ... |
| AP - House Democrats are saying that President Barack Obama should invoke a little-known constitutional provision to prevent the nation from going into default if Congress fails to come up with a plan to raise the debt ceiling. ... |
| WASHINGTON -- Congressional budget analysts say a Senate Democratic plan to cut spending and increase the nation's borrowing authority would save $2.2 trillion over 10... ... |
| Rep. James Clyburn said Obama should veto any short-term debt limit increase and then raise the borrowing limit himself. Read more... ... |
| Mirroring issues in the EU, a problem of debt cannot be solved by yet more debt. With the threat of a downgrade looming, any rise in interest rates could make the situation worse, hitting the tax payer and U.S. exporters. ... |
| President Obama's chief of staff told Morning Edition host Steve Inskeep that it's up to Congress — not the president — to deal with the debt and the extension of the deficit. He reiterated that Aug. 2 remains the deadline for a deal to raise the deb ... |
| Last August, the chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, shocked plenty of people when he declared that "the single biggest threat to national security is the debt." As zero hour approaches for the government to default on its de ... |
| Jonathan Karl reports on debt negotiations between GOP, Democrats in Washington. ... |
| WASHINGTON -- The debt ceiling deal introduced by Speaker John Boehner (R-Ohio) would save, by one measure, roughly $850 billion over the course of ten... ... |
| (CNN)–A Congressional source confirms to CNN the vote expected tomorrow in the Boehner debt ceiling proposal has been postponed. ... |
| Amid contentious negotiations taking place in Washington on the issue of raising the debt ceiling, the Washington Post offers a glimpse of what went on... ... |
| Politico highlights the most overlooked issue in the debt ceiling debate that has the White House most worried: even as lawmakers agree that we must avoid default, the resulting deal may not be enough to prevent the United States from losing it's AA ... |
| The deadline to lift the debt ceiling is in one week, and the House and the Senate are moving forward with separate plans. In a day filled with news conference from both the Democrats and the Republicans in the House and the Senate, each side appear ... |
| ABC News' Shushannah Walshe (@shushwalshe) reports: Ending the debt ceiling stalemate in Washington will require some bipartisanship. Neither side has the votes to pass their plan without help from the other party before an Aug. 2 deadline. But it ha ... |
| AP - Congress has until Aug. 2 to raise the federal borrowing limit or the government will run out of money and possibly default on its debt. House Republicans say they won't raise the debt limit without equal spending cuts. President Barack Obama an ... |
| Speaker John Boehner's plan for raising the debt ceiling in two steps and cutting the budget comes to the House floor Wednesday. Does he have the votes to pass it? Then what? ... |
| ABC News’ Sarah Parnass reports: Thanks to President Obama’s national address, constituents voiced their concerns over the debt ceiling this morning through calls to their legislators – hundreds of them. But one man took a unique approach to speak to ... |
| A new Reuters/Ipsos poll finds that 83% of those polled said they were either very or somewhat concerned about the potential for a U.S. debt default on August 2. The poll found that 56% of Americans want to see a combination of government spending cu ... |
| The is a proposal we should take very seriously now that things have gotten absurd. Has anyone noticed how only Michele Bachmann’s crazy behind is the only GOP presidential candidate speaking out strongly on the debt ceiling? She of course doesn’t t ... |
![]() | Sen. Corker FLIP-FLIPS On Debt Ceiling Demands ... |
| With just a week left to raise the debt limit and avert a default, Democratic and Republican Senate leaders Tuesday afternoon showed little sign of compromise as they backed dueling plans to reduce the deficit and raise the debt ceiling. ... |
| WASHINGTON -- In the midst of tense negotiations to raise the debt ceiling, President Obama participated in a conference call with a group of college... ... |
![]() | So what Americans want to see their government do—and not do—in regards to the debt ceiling negotiations seems to be off the table. But one thing that Democrats and President Obama have going for them is the broad desire for a balanced deal. Meaning ... |
| ABC News' Amy Bingham reports: With only one week left before the Treasury Department’s Aug. 2 debt ceiling deadline, fears of another financial meltdown are reverberating through the country. Those are the very fears the Financial Stability Oversigh ... |
| ContributorNetwork - COMMENTARY | By definition, default is a failure to meet an obligation. In one week, if Obama and Congress cannot reach a debt ceiling agreement, the United States of America faces sovereign default for the first time in our hist ... |
| Reuters - A Republican plan to cut the U.S. deficit faced delay and stiff opposition on Wednesday, piling anxiety onto investors and ordinary Americans hoping for a late compromise to avoid a crippling debt default. ... |
| A new Pew Research poll finds 68% of Americans say that lawmakers should compromise on the debt ceiling debate, even it means striking a deal they disagree with. Just 23% say lawmakers who share their views should stand by their principles, even if t ... |
| Michele Norris speaks with Gene Sperling, director of the National Economic Council and assistant to the president for economic policy. They talk about the latest developments in the debt ceiling negotiations. ... |
| 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... ... |
| Robert Siegel speaks with Bill Gross, founder of Pimco, the largest fixed-income bond fund in the world, about his thoughts on how the debt ceiling tangle in Washington is reflected in the marketplace. ... |
![]() | TYT: 2 Debt Ceiling Options - Which Is Worse? ... |
| The Christian Science Monitor - The dueling speeches delivered to the nation Monday night by President Obama and House Speaker John Boehner had nothing to do with resolving the political impasse over raising the federal debt ceiling and everything to ... |
![]() | Another poll, another plea from America to the president and Congress to preserve the safety net, even if that means raising taxes. This poll, from United Technologies/ National Journal Congressional Connection, echoes the better news for President ... |
![]() | YOU Can Resolve the Debt Ceiling Standoff! ... |
| Can't resist this one. BusinessWeek - hardly a left-wing publication - reminds us: Republican Leaders Voted for Debt Drivers They Blame on Obama I'd like to add some witty commentary, but the article speaks for itself. A few money quotes to whet yo ... |
![]() | U.S. President Barack Obama, in a televised address Monday night, called on Americans to pressure lawmakers to reach a compromise that would raise the nation's debt ceiling and avoid a possible national default. ... |
| Conservative House Republicans voiced opposition to the debt-ceiling bill proposed by their party's leader. ... |
| A week from now, the U.S. Treasury may default on some debts as it hits against a $14.3-trillion debt ceiling. Despite that once-unthinkable possibility, financial markets appear calm. Still, one indicator is showing investors are getting nervous: Th ... |
| Veterans advocacy groups have been called to the White House for a late afternoon meeting Tuesday to be briefed by Obama administration officials on the impact to veterans if Congress does not pass legislation raising the debt ceiling. ... |
![]() | One of the fundamental things to understand when considering the debate about reducing our national debt is how we accumulated so much in the first place. To explain the impact various policies have had over the past decade, shifting us from project ... |
| ContributorNetwork - COMMENTARY | Self-declared "billionaire" Donald Trump, who is so bad at business that he can't manage to successfully run so much as a casino, is speaking out on the GOP created debt ceiling crisis, saying, according to the Huffi ... |
| House Speaker John Boehner claimed last night if President Obama simply signed the House legislation he has introduced, which would raise the debt ceiling in two stages, the "crisis" atmosphere over the nation's credit rating would simply disappear. ... |
| On Monday evening, President Obama delivered an address to the nation on the consequences the stalemate in Congress could have on the stability of our economy. Here is what a bipartisan sampling of Governors and Mayors from across the country are sa ... |
| WASHINGTON -- The ongoing political circus over raising the debt ceiling is undermining America's position as a "moral example" for the rest of the world,... ... |
| The deadline for raising the debt ceiling is one week from today, and political leaders are still mapping out divergent solutions. ... |
![]() | Reuters - Americans are overwhelmingly concerned about the U.S. debt crisis and a majority back the type of compromise pushed by President Barack Obama to end the impasse, a Reuters/Ipsos poll found on Tuesday. ... |
| The ongoing debate in Washington over raising the nation's debt ceiling is giving rise to doomsday warnings. Earlier this month, President Barack Obama himself suggested... ... |
| President Obama addressed the nation Monday calling for lawmakers to come to a compromise on raising the US debt ceiling. Brian Montopoli, Senior Political Reporter for CBSNews.com discussed issues on both sides of the isle that are holding up an agr ... |
| By Michael J.W. Stickings Things were looking good for Republicans. More or less. They might not have been able to turn the tables on Obama and the Democrats, which was the plan, but by continuing to hold the country (and, more specifically, the Dem ... |
| President Barack Obama warned of a “deep economic crisis” without a compromise to avert an Aug. 2 U.S. default as he dueled Republican House Speaker John Boehner in back-to-back speeches on increasing the debt limit. ... |
| President Obama and House Speaker John Boehner (R-OH) each addressed the nation tonight on the ongoing debt negotiations, as the Senate and House progress on different plans for lifting the debt ceiling. ... |
| ABC News’ Mary Bruce (@marykbruce) reports: Speaking out against the “partisan three-ring circus” in Washington, tonight President Obama made an urgent plea to lawmakers to compromise on the budget stalemate and pass a “balanced approach” to raise th ... |
| President Obama and House Speaker John Boehner (R-OH) each addressed the nation tonight on the ongoing debt negotiations, as the Senate and House progress on different plans for lifting the debt ceiling. ... |
| Obama delivered a statement to the nation at 9 p.m. EDT Monday to discuss the political stalemate over cutting the country's deficit and raising the debt ceiling, the White House said Monday. Here is the statement, as prepared for delivery. ... |
| Obama and House Speaker Boehner have cleared their schedules of fundraisers to focus on the debt talks. Read more... ... |
| WASHINGTON -- The White House says President Barack Obama will address the nation at 9 p.m. Monday to discuss the approaching debt limit deadline and... ... |
| House Republican Speaker John Boehner and Senate Democratic Majority Leader Harry Reid launched competing sales pitches for their separate deficit and debt-ceiling plans, with a default deadline a little more than a week away. Jerry Seib has details. ... |
| The poor and the middle-class could lose big in the negotiations around raising the debt ceiling. Today, ColorOfChange members are calling on Congress and the White House not to pass any deal that tries to balance the federal budget on the backs of ... |
| Washington (CNN) – The United States appears to be no closer to raising the debt ceiling than it was in... ... |
| The United States appears to be no closer to raising the debt ceiling than it was in January when the issue arose. In fact, Democrats and Republicans might be further apart now than they were then. ... |
| The time for political gamesmanship about raising our national debt ceiling is over. Congress has the responsibility and the duty to address our debt ceiling without further delay. If US debt is downgraded, depending on how and to what extent a down ... |



























