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 …
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 …
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 …
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 …
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 …
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 …
Though President Obama and House Speaker Boehner have yet to outline a single idea or, so far as we know, commit to anything, both Democrats and Republicans have begun attacking a so-called “grand bargain” for deficit …
Washington these days feels like a 1960s game show. Our lucky contestants, House Speaker John Boehner and President Barack Obama, are on the stage in front of three doors, listening intently to the audience cheer before they …
For all the melodrama in weeks of Washington’s deficit reduction talks – Republicans walking away from the table, President Obama calling them on the carpet, Wednesday’s purely symbolic vote on “shared sacrifice” from the …
The Obama administration continues its effort to outmaneuver Congress on the ongoing mission in Libya this week. On Tuesday afternoon the Senate will hold a cloture vote on the bill approved last week 14-5 by the Foreign Relations committee. It’s a narrow bill that authorizes Obama’s Libya war for a year.
Administration and …
With President Obama and House Speak Boehner meeting up for a round of golf on Saturday, TIME looks back at the game’s ubiquitous presence in politics for the last century
As I report in this week’s magazine, several current and former advisers to President Obama would like Congress to pass more short-term stimulus, but no one inside is quite saying that publicly just yet. “I don’t have any new …
Here’s my take of the passage of the bailout bill. Everyone, have a great weekend. JNS
