According to President Obama, Congress has become mired in negotiations to raise the debt ceiling and trim federal deficits. The way ahead is unclear — every path has hurdles, if not roadblocks, obstructing the way. As Congress …
Boehner
Unable to Deal With Each Other, Obama and Boehner Invade Prime Time
“I won’t bore you,” President Obama said, as he broke into America’s prime time TV lineup on Monday night. This was ironic, because he went on to talk about Triple A credit ratings, Dwight Eisenhower and the debt limit. …
Mixed Response from GOP as Boehner Pushes Unilateral Debt Plan
Clarification appended, 11:15 AM Tuesday:
House Speaker John Boehner hawked his new proposal to raise the federal debt limit on Monday afternoon, imploring House Republicans in a closed-door meeting to back a plan that meets …
Notes of Optimism in Weekend Wrangling, but No Debt Deal Yet
A day after talks between President Obama and House Speaker John Boehner abruptly collapsed, congressional leaders worked overtime on Saturday to craft a deal that can raise the $14.3 trillion federal debt limit and staves off a …
Obama and Boehner Close to a Debt Deal, Sources Say
President Obama and House Speaker John Boehner are close to a deal to cut the deficit and raise the federal borrowing limit, congressional sources say.
Though both sides deny a deal is imminent, congressional Democrats who …
Still Stalled: Debt Talks Splinter as Negotiators Go Their Own Ways
Washington’s debt-ceiling talks have entered a new and desperate phase. With two weeks to go until the U.S. begins to cut government services to avoid defaulting on its credit obligations, negotiators are further apart on a plan …
Compromise or Contingency: The Path Forward on the Debt Ceiling
There is a certain irony in the fact that the two men who spoke the least at White House debt ceiling negotiations over the last week will likely be responsible for forging the path ahead. And like any grand compromise in …
Debt Ceiling Negotiators’ Task: Getting Cantor to Deal
Updated
There’s currently a lot of movement on the chess board of Washington’s debt ceiling game, and much of that action has one goal: returning the pieces back to their original positions — the king next to the queen and the pawns all in a row.
Senate Minority Leader Mitch McConnell’s startling proposition on Tuesday that …
In Debt Press Conference, Obama Enjoys the Upper-Hand
At a press conference on Monday, President Obama rebuffed congressional leaders for their recalcitrance to make concessions in the ongoing debt ceiling negotiations, and continued to make his case for an ambitious, all-inclusive …
With Clock Ticking, Washington Debt Talks Move Beyond a Grand Bargain
President Obama and congressional leaders met again on Sunday night for 75 minutes at the White House as they tried to hash out an agreement on a deficit reduction deal tied to the impending deadline to raise the federal debt …
No Grand Bargain: Boehner Walks Away From Big Deficit Deal
After days of hype in Washington, House Speaker John Boehner threw cold water on the prospect of a grand bargain on deficit reduction Saturday night, effectively scaling back negotiations on a deal tied to the effort to raise the …
The ‘Hell No’ Caucus Makes Its Stand
On Thursday afternoon, the House Democrats’ Steering and Policy Committee held a hearing on the consequences of a debt default. They invited four distinguished economists to sketch a gruesome picture: tanking markets, skyrocketing interest rates, a plunging dollar, a new recession–a grim chain of horrible outcomes that would scare any …
June Jobs Number Threatens Debt Talks — and Obama
Friday morning’s miserable jobs report delivered a blunt-force blow to Obama’s overall economic approach and posed a serious threat to the country’s recovery. More immediately, it complicates the President’s already difficult debt ceiling negotiations with Speaker John Boehner by adding an urgent priority: getting another stealth …
