With less than two weeks remaining for Congress to raise the debt limit, the Treasury Department released a report Thursday revisiting the economic impact of the 2011 debt ceiling crisis, which sent financial markets into a …
Debt ceiling begins to take center stage
Treasury Secretary Jack Lew said in a letter to congressional leaders Tuesday evening that his department is quickly exhausting measures to keep the federal government from breaching the debt limit, adding that the deadline for congressional action to maintain the full faith and credit of the United States is still October 17.
“There …
Ever wondered what government Twitter accounts are “essential” enough to keep tweeting through a government shutdown?
No end in sight to the standoff
President Barack Obama released a video message early Tuesday morning thanking American servicemembers and Defense Department personnel for their service as most of the federal government shutdown began.
On the House floor before a vote on the third Republican funding measure that would delay Obamacare, Speaker of the House John Boehner (R-Ohio) recounted his call with President Barack Obama earlier Monday evening — and tried …
Lanhee Chen called the president’s plan on retirement programs ‘laughable’
Harnessing the power of the Tea Party, the political action arm of the once-esteemed Heritage Foundation has perfected the art of disrupting DC, whatever the cost.
A shutdown wouldn’t remove the pressure on Congress to raise the nation’s debt limit
Things are not going well today for the House GOP. A leadership aide sends TIME a gif summary of their game-plan to avoid a government shutdown.
In the latest escalation in the Obama administration’s war of words with congressional Republicans, White House Senior Adviser Dan Pfeiffer compared the GOP to terrorists in an interview on CNN Thursday. “We are for cutting …
