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Senate Majority Leader Mitch McConnell, R-Kentucky, said Sunday that Congress will not shut down the government or default on the United States' debt obligations, but that Republicans might seek to attach unrelated legislation to an increase in the debt ...
CBS News · ByRebecca Kaplan · 3/8/2015
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
One year ago, the United States was engulfed in the debt-ceiling crisis of 2011, a self-inflicted wound as egregious as it was avoidable. As events proceeded in July of last year, people around the world surely must have wondered whether politicians in the ...
The Atlantic · 8/1/2012
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Democrats, you may have noticed, have spent the past few days shopping around decades-old clips of Ronald Reagan explaining the importance of raising the debt ceiling. The implication: Even the Gipper would be on our side in our showdown with the …
Salon · BySteve Kornacki · 7/20/2011
He would remind seniors that if Congress doesn't raise the debt ceiling, seniors wouldn't get their Social Security checks. "GOP strategists like Karl Rove surely know that it's just a matter of time before President Obama throws a game-changer — warning ...
The Business Insider · ByBrett Logiurato · 10/3/2013
Even if the shutdown is resolved, though, investors have a bigger concern on their minds: namely, the possibility that Republicans might actually refuse to raise the nation’s debt ceiling ... be sure of exactly what would happen if the U.S. stopped ...
The New Yorker · ByJames Surowiecki · 9/30/2013
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. View photo What should happen when Congress and the …
Yahoo News · 10/14/2013
With next Tuesday's deadline to increase the federal debt nearly here, the nation is bracing for potential economic calamity. Companies are holding off on hiring and capital spending. Some investors are fleeing Treasuries and stocks and seeking refuge in ...
usatoday30.usatoday.com · ByPaul Davidson · 7/29/2011
Federal employees who are sitting home and wondering when they will be called back to work could be forgiven for not realizing that a larger problem is upon us. The problem is the debt ceiling. More accurately, the problem is the amount of debt that has ...
Fed Smith · ByRalph Smith · 10/14/2013
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