Tag Archives: Debt ceiling
Republicans Give an Inch
Friday, October 8, 2021
Self-Sabotage: Democratic leaders have bowed to the Republicans, agreeing to a short-term hike in the debt ceiling and allowing government to operate into December. Mike Lofgren, a Republican staff member for the House and Senate Budget Committees for 28 years, writes in The …
Judge Blocks Texas Abortion Law
Thursday, October 7, 2021
Messing With Texas: A federal judge in Texas has blocked enforcement of the state’s strict abortion law, which bars the procedure as early as six weeks into pregnancy. US District Judge Robert Pitman in a 113-page order granted the Biden administration’s request …
Winter Whiteout, When You Make People Laugh
Thursday, February 13, 2014
Frozen: The East Coast is crippled by a snowy, icy storm that stretches all the way from Georgia to Maine. Atlanta and Washington are shut down. There’s snow and sleet in New York, turning to rain and snow. Nearly 5,800 …
House Gives In, Tomato Goes Splat
Wednesday, February 12, 2014
Nation: After three years of budget confrontations, the Republican-controlled House voted to raise the national debt ceiling with no fight. Only 28 Republicans voted in favor, Speaker John Boehner among them. Boehner’s decision to let the debt limit pass set …
U.S. on the Brink of Default
Wednesday, October 16, 2013
At The Br$nk: Day 16. Senate leaders are expected at mid-day to announce a deal to re-open the government and raise the debt ceiling, but they will have to put the bill on a fast track to avoid debt default …
Now They Are Talking
Friday, October 11, 2013
Hope Springs: Day 11. Talks between White House and Congressional aides continued through last night and President Obama is scheduled to meet today with the entire Republican caucus. House Republicans have offered a deal to raise the debt ceiling through …
Republicans Consider Short Deal
Thursday, October 10, 2013
Shutdown: Day 10. House Republicans today are considering a short-term raise in the debt limit to prevent the financial markets from taking a suicide jump. The Dow Jones is up almost 200 points on the news. Treasury Secy. Jack …
Fed Surprises, Shutdown Coming
Thursday, September 19, 2013
Econ 101: Stocks flirted with a record close yesterday after the Federal Reserve announced it will continue to prop up the economy with $85 billion a month in new treasury bonds. Analysts were expecting the beginning of “the taper”, with …
UN Says It Was Sarin, Navy Yard Shooting
Tuesday, September 17, 2013
ChemWeps: The UN weapons report says chemical weapons have been used in the Syrian civil war “on a relatively large scale.” The report does not say which side used nerve gas in the Aug. 21 attack, but it does say, …
Prez Hits the Ceiling, Mali Rebels Hit
Monday, January 14, 2013
National: President Obama suggested this morning that he’s prepared to fight the Republican House when it comes to raising the national debt ceiling. The debt ceiling does not actually raise the debt. It authorizes Congress to pay existing bills and …