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GOP Weighs Short Debt-Limit Rise
Wall Street Journal
WILLIAMSBURG, Va.—House Republicans appeared to be coalescing around a proposal to approve a short-term increase in the government's borrowing limit to give them time to use two other budget deadlines to win spending cuts they are demanding.
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Wall Street Journal
Difficult Choices on Debt if the US Hits the Ceiling
New York Times
Some legislators have theorized that a quick breach in the debt ceiling might cause only a minor disruption to government finances. And some commentators have suggested that the United States could pass legislation to prioritize or guarantee payments ...
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New York Times
House GOP Considers Short-Term Debt Ceiling Increase
Fox Business
"We're discussing the possible virtue of a short-term debt limit extension, so that we have a better chance of getting the Senate and White House involved in discussions in March," said House Budget Committee Chairman Paul Ryan. The approach, said ...
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Five bad ways to solve the debt ceiling crisis
Washington Post (blog)
Just when most Americans thought the country had avoided an economic meltdown when we swerved away from the fiscal cliff earlier this month, comes another crisis that threatens to throw the U.S. economy into an even worse calamity. Rather than creating ...
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Van Nuys debt collectors pay $1.1 million to settle federal case
Los Angeles Times
WASHINGTON — A Van Nuys debt collection operation and the people who ran it agreed to pay $1.1 million to settle federal allegations that they improperly bullied consumers to get them to pay overdue bills and deceived clients about fees. The ...
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So if the US really hits the debt ceiling, then what?
Christian Science Monitor
What would really happen if the US government hit the debt ceiling? We ask that question because there's a lot of discussion in Washington about debt ceiling politics – who's got leverage, who's bluffing, who isn't, and so forth – but much less talk ...
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Christian Science Monitor
Some House Republicans Deny Risk Of Default In Debt Ceiling Debate
NPR (blog)
The federal government hit its debt limit at the end of last year. Since then, the Treasury Department has been taking what it calls "extraordinary measures" to keep the government funded and avoid defaulting on U.S. obligations. But those measures ...
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NPR (blog)
The real story on the debt ceiling fight
Washington Post (blog)
As I have written many times over the last few weeks, the showdown on the debt ceiling is rather phony. President Obama likely could not get a "clean" debt ceiling bill the Senate (Democrats don't want the vote any more than Republicans) The White ...
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House Republicans weighing short-term debt limit increase
Washington Post (blog)
House Republicans are weighing a plan to raise the nation's legal borrowing limit for just a few months, a move that could shift debate over the debt ceiling into March, when Congress will face other major fiscal decisions, Rep. Paul Ryan (R-Wis.) ...
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Paul Ryan says GOP is mulling short-term debt limit extension
NBCNews.com
House Republicans are discussing the prospect of a short-term extension in the nation's debt limit to avoid fault and give negotiations between lawmakers and the White House more time to succeed. Wisconsin Rep. Paul Ryan, the House Budget Committee ...
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Ryan says House open to short-term debt increase
Los Angeles Times
WILLIAMSBURG, Va. – Rep. Paul Ryan, re-emerging as a leader for House Republicans on the budget, said Thursday that the party was open to a short-term federal debt limit increase to prevent another politically damaging fiscal crisis and to kick-start ...
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Paulson: US Government Faces 'Debt Bomb,' Needs Presidential Leadership
Wall Street Journal (blog)
WASHINGTON – Former U.S. Treasury Secretary Henry Paulson said Thursday that the U.S. government faces a "debt bomb" that can only be confronted if political leaders make changes to entitlement programs like Medicare, adding that otherwise a crisis ...
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Paul Ryan: GOP Leaders Managing Expectations In Debt Ceiling Fight
Huffington Post
on Thursday said Republicans are weighing the option of a short-term debt limit extension, but that House GOP leaders are using their annual retreat to highlight the "realities of divided government" and set expectations among members of their caucus ...
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Ryan says Republicans weigh short-term debt limit increase
Reuters
Ryan, breaking a long public silence since his failed vice presidential bid in the November election, said he believes the Obama administration can and should prioritize payments to avoid a debt default in the event that an increase in the federal debt...
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Poll: Most See Damage If US Debt Limit Not Raised
ABC News
Yet they're torn over how or even whether to raise it, leaning toward Republican demands that any boost be accompanied by spending cuts. According to an Associated Press-GfK poll, 53 percent say that if the debt limit is not extended and the U.S ...
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ABC News
The Debt and the Ceiling
National Review Online (blog)
One thing we can say for sure about the coming debate over the debt ceiling is that at the end of it the debt ceiling will be raised. Deficit spending, let alone our massive accumulated debt, is not going away anytime soon, and that means continued ...
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Why Is the Debt Limit Important?
Power Line (blog)
In the first debt-limit debate, I was initially puzzled that it was a problem at all. The "debt limit" does not include currency or reserves, though both are functionally US government debt. That seems like an unfortunate oversight: Why can't the ...
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Power Line (blog)
Euro zone's debt crisis and austerity policies continue to tamp down growth ...
UN News Centre
17 January 2013 – The debt crisis of the Euro zone, slowing external demand and high oil process continued to depress Europe, while austerity policies throughout the industrialized world will not keep the world economy from slipping back into recession ...
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UN News Centre
House GOP may seek short-term debt limit extension
U.S. News & World Report
WILLIAMSBURG, Va. (AP) — House Republicans may seek a quick, short-term extension of the government's debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations over spending cuts ...
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Cornyn on debt ceiling: We're not going to default
Houston Chronicle
Sen. John Cornyn of Texas, the Republican whip, said in Houston Thursday that Congress will not allow an impasse over raising the debt ceiling to result in the federal government defaulting on its spending obligations. "We will raise the debt ceiling ...
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How to Assess the Debt Ceiling
National Review Online (blog)
Because all federal spending and taxes must be approved by both houses of Congress and the executive branch, a separate debt ceiling that has to be increased periodically creates unneeded uncertainty and can potentially lead to worse fiscal outcomes.
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The Ties That Bond Us: What Demand For Government Debt Can Tell Us About ...
Huffington Post
It's not news that emerging markets can be vulnerable to bouts of market volatility. Investors often pull sudden stops -- they stop buying or start selling off their holdings of government bonds. But what has become apparent in recent years is that ...
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House GOP Seeing Sequester, Not Debt Ceiling, As Fight to Pick
National Journal
FILE - This Nov. 28, 2012 file photo shows Rep. Paul Ryan, R-Wis. walking on Capitol Hill in Washington. Today, Ryan said House Republicans were considering a short-term debt limit extension during a break at a three-day retreat in historic ...
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The Debt Ceiling and the Art of Being Unreasonable
blogs.hbr.org (blog)
1) The debt ceiling is absurd. The original logic behind the debt limit was to get away from Congress having to approve ever single debt issuance by the U.S. government, instead giving Treasury the freedom during World War I to manage the country's ...
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blogs.hbr.org (blog)
Is the Debt Limit Fight Over Already?
The Atlantic Wire
There are several signs House Republicans will agree to raise the debt ceiling without demanding huge concessions in spending cuts. "Several different people have emailed to say the House GOP in Williamsburg has agreed to raise the debt ceiling with no ...
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The Atlantic Wire
Conservatives demand balanced budget in exchange for debt ceiling increase
The Hill (blog)
"Conservatives should not raise our nation's statutory debt limit unless Congress passes and the president signs into law real reforms and immediate spending reductions that place America on a path to balance within 10 years without raising taxes and ...
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Planning aside, attitude crucial to being debt-free
Chicago Tribune
Paying down debt is a methodical act, and one that many of us are now doing as we face holiday bills. Each month, you make a payment that covers interest and principal. You set a budget to cover the bill. And little by little, the debt goes away. But ...
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Paul Ryan signals GOP ready to cave on debt ceiling
MSNBC
FILE – This Nov. 28, 2012 file photo shows House Budget Committee Chairman Rep. Paul Ryan, R-Wis. walking on Capitol Hill in Washington. House Republicans say they may seek a short-term extension of the government's debt limit in the next few weeks, ...
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MSNBC

Blogs12 new results for Debt
 
Debt Ceiling Poll: Americans Will Blame GOP In ... - Business Insider
By Joe Weisenthal
Although Americans don't want the debt ceiling raised, and although Republicans are the ones against a clean raise, look what poll respondents say when asked who should get the blame if the debt ceiling isn't hiked, and payments for crucial ...
Clusterstock
Republicans Considering "Temporary" Debt-Ceiling Increase | Zero ...
By Tyler Durden
In what is sure to be a complete non-starter with the Obama administration, WSJ reports that Paul Ryan said that "Republicans are discussing whether to support a short-term increase in the nation's borrowing authority, possibly linking the debt...
House GOP May Seek Short-Term Debt Limit Extension - The Blaze
By Jason Howerton
WILLIAMSBURG, Va. (AP) -- House Republicans may seek a quick, short-term extension of the government's debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations ...
TheBlaze.com - Stories
GOP Mulls Short Term Extension of Debt Ceiling
House Budget Chairman Paul Ryan (R-WI) told the Wall Street Journal that Republicans "are discussing whether to support a short-term increase in the nation's borrowing authority, possibly linking the debt ceiling to future talks aimed at ...
Taegan Goddard's Political Wire
Reagan Raised the Debt Ceiling the More Times Than Any Other ...
By Sarah Jones
President Reagan raised the debt ceiling the more times than any other President since 1960. He raised it 18 times. In contrast, President Obama has raised the debt ceiling just 6 times.
PoliticusUSA
We've Raised the Debt Limit Many Times Before. That's the Problem ...
By Peter Suderman
In summer 2011, after a long showdown, Congress agreed to raise the statutory limit on federal debt. It wasn't the first time we'd raised the debt.
Reason.com Full Feed
Debt Ceiling: Resources for Activists and Journalists | FreedomWorks
By ckinnan@freedomworks.org (Chris Kinnan)
Bookmark this page to learn more about the Great Debt Ceiling Debate and ongoing Beltway budget battles. Debt Ceiling Debate of 2013 ... CHART: FreedomWorks Busts Myth of Debt Ceiling and "Not Paying Our Bills" · FreedomWorks Issue ...
FreedomWorks
Default Deniers Scoff at Debt-Ceiling Apocalypse
By Rachael Bade, Politico
The looming debt ceiling fight may look like a classic "who will blink first" Washington debate, with a ticking time bomb waiting at the end. But for lawmakers like Pat Toomey, Steve Scalise and Daniel Webster, there's no reason for Republicans ...
RealClearPolitics - Homepage
Is the Debt Limit Fight Over Already? - Government Executive
By Elspeth Reeve, Atlantic Wire
House Republicans may agree to raise the debt ceiling without huge concessions in spending cuts.
Government Executive - All Content
Republicans Backing Away from Debt Ceiling Brinksmanship, to ...
By Yves Smith
Now that does not mean that all Tea Party members will abandon the debt ceiling hostage taking approach, but with the Kochs herding the most recalcitrant members into line, the battle line is shifting away from the debt ceiling (oh, there will ...
naked capitalism
Republicans discuss possible short-term increase in debt ceiling ...
House Republicans are discussing the possibility of a short-term increase in the debt ceiling, Fox News has learned. Lawmakers are going through various scenarios at their annual retreat in Williamsburg, Va.
Fox News
WATCH: Debt-B-Gone [Fiore Cartoon] | Mother Jones
By Mark Fiore
Mark Fiore is a Pulitzer Prize-winning editorial cartoonist and animator whose work has appeared in the Washington Post, the Los Angeles Times, the San Francisco Examiner, and dozens of other publications. He is an active member of the ...
MoJo Articles | Mother Jones

Web5 new results for Debt
 
Geithner Letter Warns Congress: We Will Hit the Debt Ceiling Soon
In a letter to Congress, Treasury Secretary Tim Geithner warned the US will hit the debt ceiling in February or March and urged Congress to act quickly.
www.cnbc.com/.../Geithner_Letter_Warns_Congress_We_Wil...
Debt, Gov't Dysfunction Rise to Top of Americans' Issue List
Americans' concerns about the federal budget deficit and government dysfunction rose high enough in January to knock unemployment out of the top two slots ...
www.gallup.com/.../debt-gov-dysfunction-rise-top-americans-i...
House GOP Leaders Divided on Debt Approach - WSJ.com
House Republican leaders are still unsure whether they should use a debt- ceiling deadline to force a decisive showdown with President Barack Obama over ...
online.wsj.com/.../SB10001424127887324595704578244160...
Debt» Melville House Books
Debt: The First 5,000 Years is a fascinating chronicle of this little known history— as well as how it has defined human history, and what it means for the credit ...
www.mhpbooks.com/books/debt/
Obama digs in heels, refuses to negotiate debt ceiling - Yahoo! News
From Yahoo! News: WASHINGTON (Reuters) - President Barack Obama on Monday rejected any negotiations with Republicans over raising the U.S. borrowing ...
news.yahoo.com/obama-digs-heels-refuses-negotiate-debt-ceili...


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