Tag: debt limit
“It sounds as if the package is going to be all spending cuts with a few symbolic revenue increases.”
Republicans May Take ‘Mini’ Debt-Ceiling Deal
Senator Jon Cornyn (R-Texas) suggested yesterday that the Republicans might take “mini” debt-ceiling deal.
Senator Jon Cornyn (R-Texas) suggested yesterday that the Republicans might take “mini” debt-ceiling deal.
Schumer confirms White House considering ignoring debt limit
The law is such an inconvenient thing: Senator Charles Schumer (D-New York) confirmed yesterday that the White House is considering simply ignoring debt limit should no agreement be reached in Congress.
The law is such an inconvenient thing: Senator Charles Schumer (D-New York) confirmed yesterday that the White House is considering simply ignoring debt limit should no agreement be reached in Congress.
Obama to directly intervene in the debt limit negotiations
Finally: The White House announced today that Obama will now directly involve himself in the debt limit negotiations.
Finally: The White House announced today that Obama will now directly involve himself in the debt limit negotiations.
Negotiations over debt limit and budget still appear deadlocked
Though some progress has been made, the negotiations over the debt limit and the budget still appear deadlocked.
Though some progress has been made, the negotiations over the debt limit and the budget still appear deadlocked.
Reid rejects Boehner proposal for $2 trillion in spending cuts
On Thursday Senator Harry Reid (D-Nevada) rejected House Speaker John Boehner’s call for “trillions” in spending cuts.
Once again, I must note that while we can be rightly skeptical of the Republicans expressed desire to cut the budget, we can have no doubt that the Democrats are against it entirely, and will resist spending cuts on all fronts.
On Thursday Senator Harry Reid (D-Nevada) rejected House Speaker John Boehner’s call for “trillions” in spending cuts.
Once again, I must note that while we can be rightly skeptical of the Republicans expressed desire to cut the budget, we can have no doubt that the Democrats are against it entirely, and will resist spending cuts on all fronts.
Government reaches debt limit, borrows against federal pension funds
Time is running out: Government reaches debt limit, borrows against federal pension funds to pay obligations.
Time is running out: Government reaches debt limit, borrows against federal pension funds to pay obligations.
GOP senators focus on entitlement cuts
More debt ceiling negotiations: GOP senators focused on entitlement cuts in a meeting with Obama on Thursday. I found this quote quite intriguing and a refreshing change from previous such meetings:
Obama was careful not to dominate the meeting, according to Republican senators who attended. The president opened the session with brief remarks and spent most of the session listening to lawmakers’ concerns and responding to their arguments.
More debt ceiling negotiations: GOP senators focused on entitlement cuts in a meeting with Obama on Thursday. I found this quote quite intriguing and a refreshing change from previous such meetings:
Obama was careful not to dominate the meeting, according to Republican senators who attended. The president opened the session with brief remarks and spent most of the session listening to lawmakers’ concerns and responding to their arguments.
Federal Borrowing on Pace to Hit Debt Limit in Less Than Week
Time is running out: Federal borrowing is on a pace to reach the debt limit in less than a week.
Time is running out: Federal borrowing is on a pace to reach the debt limit in less than a week.