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Debt Limit

McConnell Responds to Cruz on Debt Limit, Takes Credit for Avoiding Default
blogs.rollcall.com
Responding to sharp criticism from Sen. Ted Cruz, Senate Minority Leader Mitch McConnell said he voted to protect the country from default when he cast the decisive vote advancing the suspension of the debt limit this week. [...]
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Republican Sell-out: White House Wins on Budget, Debt
www.thenewamerican.com
GOP leaders capitulated completely to Obama's demands to fund the federal budget at fiscal 2013 levels and suspend the debt limit through Feb. 7. by Thomas R. Eddlem [...]
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Obama Calls Hill Leaders to White House to Talk Debt Limit, Shutdown (Updated)
blogs.rollcall.com
Updated 3:10 p.m. | President Barack Obama and Vice President Joseph R. Biden Jr. plan to meet with the top four congressional leaders in a White House mee [...]
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Senate Debt Limit Framework Emerges
blogs.rollcall.com
Senate leaders appeared to be closing in on a framework for a deal to avert a default on the nation's debt Monday afternoon that wouldn't address the device tax. [...]
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Some Senate Republicans express optimism after meeting Obama on debt limit, shutdown
www.washingtonpost.com
The session follows earlier meetings with other lawmakers and signs of progress in the bitter showdown. [...]
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What We Talk About When We Talk About the Debt Ceiling: Nothing Much, Sadly.
reason.com
As I noted yesterday, the apparent stand-off over increasing the debt limit is, to paraphrase Seinfeld, real...and it's spectacular. According to [...]
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House Republican leaders delay vote on new budget bill until next week
www.washingtonpost.com
Rank-and-file rebellion increases odds of a government shutdown, and a battle over the debt limit looms. [...]
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Presidential News for December 05, 2012
americasnextpresident.com
Hello and Welcome back to the U.S. Presidential News for Wednesday, December 05, 2012.  Plenty of stories today, so let's get right to them! NSA Whistleblower: Everyone in US under virtual surveillance. Bill O'Reilly Bob Costas interview gun control.  It sounds to me like Mr. Costas is backpedaling at a fairly brisk pace. NLRB Recess Appointments Go To The Courts.   'The issue before the 7th Circuit U.S. Court of Appeals in Chicago and the D.C. Circuit Court of Appeals is whether the Pres [...]
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U.S. Credit Rating Downgraded
americasnextpresident.com
Here is a quick question for you. Timothy Geithner and Barack Obama discuss things just hours before the Credit Downgrade What U.S. President was in office when the United States credit rating was downgraded for the first time in history? The answer is our current president!  That's right, during the evening of 05 August, 2011, Standard & Poor's downgraded the U.S. credit rating from AAA to AA+. This is what happens when you keep spending dramatically more money than you bring i [...]
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Two enemies of the people
americasnextpresident.com
The Thomas Jefferson Memorial Statue in Washington, D.C. "The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first."   Thomas Jefferson With  all the debate these days about the debt limit and the "up and down" or the "clean" vote last night (01 June 2011) I thought this quote was quite relevant.  Congress overwhelmingly voted to NOT increase the debt ce [...]
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Debt Limit Reached, Obama’s Spending on Hold?
americasnextpresident.com
Well, it's finally happened.  The Congressionally authorized debt limit for the U.S. has been reached today!  How long can we keep the flag flying proudly when the country is in this severe of a predicament?  What will Americas Next President do about the National Debt? (more…) [...]
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