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Obama 'will not oppose' House GOP plan to suspend debt limit until May Washington Post House Republicans are advancing a novel plan to suspend enforcement of the federal debt limit through May 18, a move that would lift the threat of a government default and relieve the air of crisis that has surrounded their budget battle with President ... See all stories on this topic » | ||
Scrap the debt limit, some lawmakers and economists say Los Angeles Times WASHINGTON — With the White House and Congress engaged in their second major battle in 18 months over the debt limit, some lawmakers, economists and analysts are offering a simple solution: Just get rid of it. The U.S. is one of the few nations with ... See all stories on this topic » | ||
Obama Would Not Block Short-Term Debt Ceiling Extension ABC News (blog) House Republicans had suggested leveraging the debt ceiling to try to extract more spending cuts from the Obama administration, asking for one dollar of spending cuts for every dollar of increase in the debt ceiling. Late last week, however, the ... See all stories on this topic » | ||
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How House Republicans would defuse debt ceiling CNN The proposal would suspend the debt ceiling until May 18, which means Treasury could continue to borrow without restriction. The debt ceiling would then be restored at its current level of $16.394 trillion plus however much Treasury borrowed during the ... See all stories on this topic » | ||
Clinton retires debt from 2008 campaign Huffington Post WASHINGTON — Secretary of State Hillary Rodham Clinton has paid off the outstanding debt from her 2008 presidential campaign. Campaign finance reports filed Tuesday show Clinton's campaign made payments of $73,000 on Dec. 31 to a consulting firm ... See all stories on this topic » | ||
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House gears up to vote on temporary debt ceiling hike USA TODAY Republicans want a three-month extension of the nation's $16.4 trillion debt limit to have more time to negotiate a longer-term budget agreement with President Obama and a Democratic Senate. boehner. House Speaker John Boehner, R-Ohio, walks to his ... See all stories on this topic » | ||
More details on the GOP's debt-ceiling bill Washington Post (blog) Washington is quickly coalescing around a plan to avert the debt-ceiling apocalypse—at least for a few months. The House will vote tomorrow on a bill to suspend the debt-ceiling for three months, from now until May 19. The White House is in favor of ... See all stories on this topic » | ||
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European Stocks Are Little Changed Before US Debt Vote Bloomberg European (SXXP) stocks were little changed before the U.S. House of Representatives votes to suspend the country's borrowing limit. U.S. index futures were also little changed, while Asian shares fell. Novartis gained 2.5 percent after the drugmaker ... See all stories on this topic » | ||
Obama Would Accept Stopgap Debt Extension Wall Street Journal WASHINGTON—The White House offered a tacit endorsement Tuesday of a House Republican plan to defer a fight over the U.S.'s borrowing limit, likely clearing the way for a deal that would forestall a showdown over the country's borrowing limit until ... See all stories on this topic » | ||
White House: Obama won't veto GOP short-term debt limit plan CBS News "The Administration would not oppose a short-term solution to the debt limit and looks forward to continuing to work with both the House and the Senate to increase certainty and stability for the economy," the White House said in an official statement ... See all stories on this topic » | ||
US debt limit vote set for Wednesday; Obama likely to sign Reuters WASHINGTON (Reuters) - A measure to extend the U.S. debt limit for nearly four months moved closer on Tuesday to a vote and the White House said the president would sign the bill if it cleared Congress, easing uncertainty that could have threatened the ... See all stories on this topic » | ||
House GOP lines up debt ceiling vote; White House will not oppose Los Angeles Times WASHINGTON – House Republicans appear confident they have the votes to pass a short-term debt ceiling increase as they attempt to dispatch with this fiscal battle to focus on bigger ones ahead. The bill, coming up for a vote Wednesday, would be an ... See all stories on this topic » | ||
The debt ceiling, explained (VIDEO) Washington Post (blog) Note that the video above makes a lot of points that President Obama has been making — specifically, that Congress is responsible for its own budget and that extending the debt limit represents paying for bills that have already been racked up, rather ... See all stories on this topic » | ||
Asia stocks fall ahead of US debt ceiling vote MiamiHerald.com Analysts said that stock markets have room for gains if U.S. lawmakers make progress on raising the debt ceiling. The House is set to vote on a motion to increase the nation's $16.4 trillion borrowing authority for three months. Without congressional ... See all stories on this topic » | ||
HSBC Sees Flows Into Debt Extending After Gold Tax Businessweek India's move to curb gold imports to improve its current account is buoying confidence in the rupee, prompting HSBC Global Asset Management to bet foreign holdings of local debt will extend last year's 26 percent surge. An offering of bond-purchase ... See all stories on this topic » | ||
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House GOP seeks to defuse debt crisis The Seattle Times The GOP legislation marks a tactical retreat by House GOP leaders, eager to avoid a potential first-ever default on U.S. payment and debt obligations as they wrestle with President Barack Obama over taxes, spending and the deficit. The bill, which ... See all stories on this topic » | ||
Obama would likely sign 3-month debt ceiling extension USA TODAY Some Republicans have proposed leveraging the debt ceiling to get more spending cuts from the Obama administration; Obama has said he will not negotiate on the debt ceiling, saying the nation is obligated to pay its bills. A 2011 tangle nearly led to a ... See all stories on this topic » | ||
Conservative groups give GOP a pass on debt ceiling hike, with strings attached Yahoo! News (blog) When House Republicans vote Wednesday on a bill to temporarily lift the federal debt ceiling, they won't have enthusiastic support from the conservative movement-- but they won't get hell for it either. Some of the most prominent conservative groups ... See all stories on this topic » | ||
Suspending the debt ceiling is a great idea. Let's do it forever! Washington Post (blog) As Suzy Khimm reports, temporarily suspending the debt-ceiling raises some troubling technical questions. But it also sets a delightful precedent. Congress will have shown it can make the debt ceiling disappear. For three months, the debt ceiling ... See all stories on this topic » | ||
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The GOP's strange debt ceiling bill Washington Post (blog) On the surface, the proposal seems like a (temporary) capitulation in the debt-ceiling stand-off: House Republicans will vote tomorrow to raise the debt ceiling for three months, on the condition that the Senate passes a budget that will presumably ... See all stories on this topic » | ||
Report: Suicides increase in UK because of pushy debt collectors NBCNews.com Report: Suicides increase in UK because of pushy debt collectors. By Costas Pitas, Reuters. LONDON -- Irresponsible lending and intimidating debt collectors are pushing thousands of people in Britain into depression and suicide, a report said Wednesday. See all stories on this topic » | ||
Politicians Continuing to Kick the Debt Can Down the Road? Fox Business And our ideas back to business in Washington now that the inauguration is over and tomorrow house Republicans are holding a big vote. And whether or not to extend the debt limit until May. But how this is part of proposal if congress fails to pass a ... See all stories on this topic » |
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GOP Moves to Suspend Debt Ceiling Until May House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. Top News and Analysis (pro) | ||
Suspending, not raising, the debt ceiling - The Maddow Blog By Steve Benen Last week, House Republicans caved on the debt-ceiling fight, at least in the short term, announcing they would approve a "three-month temporary debt-limit increase." Over the holiday weekend, the GOP plan apparently got a little touch-up. Newsvine - The Maddow Blog - Articles | ||
Rand Paul slams House Republicans over debt ceiling deal — RT By RT House Republicans are expected to concede to US President Barack Obama this week and agree to raise the country's borrowing limit, but at least one conservative lawmaker is against increasing the debt ceiling. News RSS : Today | ||
Obama Won't Block GOP Debt Limit Bill — Here Are The ... - tpmdc By Brian Beutler By all indications, Republicans have decided to avoid another damaging debt limit fight — at least for the next couple months. And the development raises two questions — one of immediate concern, and one regarding the longer-term ... TPM News | ||
Calculated Risk: Suspending the Debt Ceiling By Bill McBride House Speaker John Boehner indicated Tuesday that Republicans will vote on an extension of the federal debt ceiling to allow Treasury to borrow money until mid-May. ... ... the next moment of high political and market drama will occur when ... Calculated Risk | ||
Daily Kos: House debt limit vote coming tomorrow By rss@dailykos.com (Jed Lewison) If you want to bury something in the news, announcing it in the middle of a presidential inauguration seems like a pretty good way to go, and that's exactly what House Republicans did yesterday when they offered details on exactly how they ... Daily Kos | ||
Hilco buys HMV's debt and takes control • News • Eurogamer.net Restructuring company Hilco has reportedly bought HMV's debt, effectively putting it in control of the entertainment shop chain. Hilco already owns HMV Ca… Eurogamer.net | ||
White House: Debt Ceiling's Short-Term Extension Wouldn't Be ... By The Huffington Post News Editors WASHINGTON -- President Obama would not block the three- or four-month extension of the debt ceiling proposed by House Republicans last week if the bill were to reach his desk, the White House announced on Tuesday. The Huffington Post | Full News Feed | ||
Conservative Club For Growth Caves On The Debt Ceiling ... By Grace Wyler In a statement issued Tuesday, Club for Growth said that it would not make the the debt ceiling vote one of the "Key Votes" on its annual congressional scorecard, effectively giving Republicans a free pass to increase the country's borrowing ... Clusterstock | ||
Dems rip debt ceiling meeting: This hearing is about how to create ... By Betsi Fores Lawmakers squared off Tuesday as the House ways and means committee heard debt ceiling options ahead of a key vote on the issue. Republicans argued that if the debt limit is raised without corresponding spending cuts, the country will ... The Daily Caller | ||
Blog Archive » Five Key Facts about the House Debt Limit Bill By Donald Marron On Wednesday, the House will vote on a bill to delay the upcoming debt limit showdown. The bill includes no spending cuts, no tax increases, and no platinum coins of unusual size. Instead, it will "suspend" the debt limit through May 18 to ... ExcitingAds! Tax | ||
White House gives grudging welcome to debt limit plan | The Raw ... By Agence France-Presse The White House said Tuesday that President Barack Obama would not block a Republican plan to extend government borrowing authority by three months but would prefer a longer term debt ceiling hike. Defusing a showdown with Obama, ... The Raw Story | ||
Hilco Buys HMV Debt, Gains Control of Struggling UK Music Retailer ... By Richard Smirke, London Hilco U.K. has acquired HMV's debt, effectively placing the retail-restructuring group in control of the troubled U.K. retailer. Hilco, who major labels were said to... DOPNEWS: Billboard |
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House Republicans seek vote to extend debt limit to May 19 | Reuters WASHINGTON (Reuters) - Republican leaders in the House of Representatives have scheduled a vote on Wednesday on a nearly four-month extension of U.S. ... www.reuters.com/.../us-usa-fiscal-debtlimit-idUSBRE90K0NO... | ||
FTC Settlement Obtains Permanent Ban Against Abusive Debt... Part of the FTC's continuing efforts to curb illegal debt collection practices, the settlement resolves FTC allegations that three debt collection companies, their ... www.ftc.gov/opa/2013/01/rumson.shtm | ||
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DeMint Urges Face-Off Over Debt Ceiling With weeks to go before the US reaches its statutory debt limit, the FT reports on refusing to authorize new borrowings to pay the country's bills. www.cnbc.com/id/.../DeMint_Urges_FaceOff_Over_Debt_Ceil... |
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