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Treasury Secretary Jacob Lew warned Congress Friday that the federal government will once again bump up against the debt ceiling later this month, and once again asked members to raise the debt ceiling. “Beginning on Monday, March 16, the …
The Blaze · 3/6/2015
Just when you thought it was safe to invest without having to worry about the next headline out of Washington, we face an issue that could have a much larger impact than the fiscal cliff: The country’s debt limit. This issue has much broader implications ...
Investor Place · ByDaniel Putnam · 1/4/2013
On Thursday, Treasury Secretary Timothy Geithner asked congressional leaders to give the White House permanent authority to unilaterally increase the government’s borrowing limit as part of a deficit-reduction deal, according to Republican aides.
The Wall Street Journal · ByDamian Paletta · 11/29/2012
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(CNN) –Two weeks after the bruising standoff ended over government spending and the debt limit, the House and Senate this week are taking the final steps to formally allow the debt ceiling to rise. As part of that agreement, each chamber has 15 days to ...
CNN Politics · ByTed Barrett · 10/30/2013
Adam H. Rosenzweig from the Washington University School of Law proposes a different approach to ending the debt ceiling crisis: Let the Supreme Court resolve it as a Constitutional matter. What should happen when Congress and the President find …
Constitution Daily · 10/14/2013
For something that could have a profound effect on the nation’s economy, the debt ceiling is a pretty arcane topic. But not much longer! Here are 10 questions and answers designed to shine some light on the subject. 1. So, what is this "debt ceiling"?
Politi Fact · 10/13/2013
The debt ceiling was raised 18 times during the Reagan administration ... While the left may say that the debt doesn’t matter because the government can never technically go bankrupt, this every increasing debt does have dire consequences.
The Daily Caller · 10/4/2013
ALMOST everyone takes it for granted that a failure to raise the debt ceiling will eventually force the United States to default on its Treasury debt. This notion is superficially puzzling. The question is addressed in this week's issue of The Economist.
The Economist online · 1/13/2011
WASHINGTON — House Republicans dealt defeat to their own proposal for a $2.4 trillion increase in the nation's debt limit Tuesday, a political gambit designed to reinforce a demand for spending cuts to accompany any increase in government borrowing.
The Huffington Post · ByDavid Espo · 5/31/2011
If there was any doubt that Washington’s acrimonious debt fight created a new political reality, Senator Mitch McConnell of Kentucky dashed it on Tuesday. The very real threat of forcing the nation into a first-ever financial default — along with the ...
The New York Times · ByMichael D. Shear · 8/3/2011