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| House Vote Sidesteps an Ultimatum on Debt New York Times WASHINGTON — Avoiding an economic showdown with President Obama, the House on Wednesday passed legislation to eliminate the nation's statutory borrowing limit until May, without including the dollar-for-dollar spending cuts that Republicans once ... See all stories on this topic » | ||
| House passes short-term debt limit deal CBS News By "suspending" the debt limit until May 19, some conservatives have made the case that Republicans have put themselves in a better position for upcoming fiscal fights -- they'll be able to demand spending cuts during debates over the so-called ... See all stories on this topic » | ||
| House votes to suspend debt limit Washington Post Leaders in both parties predicted Wednesday that the cuts, known as sequestration, will take effect at least briefly while policymakers try to restart talks over a far-reaching plan to lower the national debt. "It's going to happen," said Sen. Richard ... See all stories on this topic » | ||
| Facebook Friends Fronting Debt Collectors Draw US Regulation Bloomberg Richard Cordray, the CFPB director, has made debt collection a priority for the agency because about 30 million consumers -- "nearly one out of every 10 Americans" -- have accounts in collection totaling $1,500 on average, he said in an Oct. 24 speech. See all stories on this topic » | ||
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| Debt Ceiling: Who Crossed Party Lines in the House? ABC News (blog) The House vote on extending the debt ceiling for three months was one of the more truly bipartisan votes we've seen in a while. A significant number of Republicans — 33 of them — voted against the bill put forward by their party's leadership. And an ... See all stories on this topic » | ||
| Debt limit? We don't need no stinkin' debt limit! Los Angeles Times As my colleagues Jim Puzzanghera and Don Lee wrote Tuesday (and as my colleague Jon Healey has written on several occasions), the debt limit of the federal government is a different animal than the debt limit of me, you and your Aunt Shirley in Des ... See all stories on this topic » | ||
| 6 tips to help detox your holiday debt Salt Lake Tribune And now that the holiday bills have arrived, many face the daunting task of whittling down the mountain of often high-interest credit card debt before it gets out of control. Photos. (AP Photo/Julie Jacobson) In regard to holiday debt, "the worst ... See all stories on this topic » | ||
| House approves short-term debt ceiling fix, measure goes to Senate Fox News WASHINGTON – The House on Wednesday approved a short-term debt ceiling fix that would extend the country's borrowing authority until May – while also applying a controversial provision that would suspend lawmakers' pay if they don't pass a budget by ... See all stories on this topic » | ||
| Don't raise the debt ceiling; eliminate it MarketWatch (blog) For the second time in two years, the nation's economy is being held hostage to a political debate about the debt ceiling. As the President has reiterated time and again, raising the debt ceiling does not authorize any new spending, but rather simply ... See all stories on this topic » | ||
| House passes short-term debt-limit extension USA TODAY WASHINGTON — The U.S. House approved, 285-144, a bill to suspend the nation's $16.4 trillion debt ceiling through May 18 to avert a U.S. default on its legal obligations and buy Washington more time to negotiate budget priorities. "The bill we're ... See all stories on this topic » | ||
| Debt Ceiling Debate: What's in It for Consumers? Fox Business The debt ceiling, also known as the debt limit, is the total amount of debt the U.S. government is allowed to incur. The federal government already has hit that limit. Because the U.S. is committed to spending substantially more than it's currently ... See all stories on this topic » | ||
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| House approves short-term suspension of debt ceiling Los Angeles Times WASHINGTON – House Republicans approved a temporary suspension of the $16.4-trillion ceiling on the nation's debt Wednesday, allowing the federal government to continue borrowing through spring while Washington shifts to more ambitious budget ... See all stories on this topic » | ||
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| Passing Debt Bill, GOP Pledges End to Deficits Wall Street Journal The House defused one potential debt crisis Wednesday, while a top Republican set the stage for a far broader debate over whether it is possible to actually balance the U.S. budget in coming years. The House resolved Washington's most immediate fiscal ... See all stories on this topic » | ||
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| Debt limit extension bill passes House Reuters The measure avoids for the time being a repeat of the 2011 debt ceiling standoff that rattled markets and resulted in a downgrade of the government's triple-A credit rating. The Treasury is expected to exhaust remaining capacity under the $16.4 ... See all stories on this topic » | ||
| House Passes 'No Budget No Pay,' Extends Debt Limit ABC News (blog) "There should be no long-term increase in the debt limit until there's a long-term plan to deal with the fiscal crisis that faces our country," Boehner, R-Ohio, said during a floor speech prior to the vote. "Every hardworking taxpayer in America knows ... See all stories on this topic » | ||
| Analysis: Debt limit bill gives political cover to both parties Reuters "I don't think it (the House debt limit bill) has much to do with deficit reduction at all," said Robert Bixby, executive director of the non-partisan Concord Coalition, a budget reform advocacy group. "It's a way of defusing a political crisis." "Our ... See all stories on this topic » | ||
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| RNC backs the hard line in debt fight Washington Times CHARLOTTE, N.C. — Even as House Republicans in Washington were voting to postpone a showdown with President Obama on raising the federal debt limit, members of the Republican National Committee meeting here Wednesday displayed a ... See all stories on this topic » | ||
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| Senate Democrats will accept House GOP debt-ceiling plan Washington Post (blog) Boehner's team, which has struggled to corral its caucus behind past compromises, believes it has finally unified the rank-and-file behind the proposal to lift the debt ceiling until May 19 in exchange for demands that the Senate and House approve budgets. See all stories on this topic » | ||
| House Debt Ceiling Vote: Lower Chamber Agrees To Suspend Borrowing Limit ... Huffington Post WASHINGTON -- The House of Representatives voted Wednesday to raise the nation's debt ceiling by an unspecified amount, suspending the federal government's restriction on borrowing until late May. The legislation passed the lower chamber by 285 to ... See all stories on this topic » | ||
| Eurozone debt burden stuck amid low growth Huffington Post BERLIN — The eurozone failed to reduce its government debt in the third quarter of last year, as meager growth offset efforts by several of the bloc's 17 nations to improve their finances by cutting spending and raising taxes, according to official ... See all stories on this topic » |
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| Daily Kos: House Republicans declare victory after debt limit surrender By rss@dailykos.com (Jed Lewison) So House Republicans suspend the debt limit through May 19, giving President Obama authority to effectively raise the debt ceiling on his own, they do it with basically no meaningful strings attached, and they do it after having repeatedly ... Daily Kos | ||
| Ryan Expects Debt Deal but Takes Taxes Off the Table - NYTimes.com By By JACKIE CALMES Representative Paul D. Ryan predicted on Wednesday that the two parties will produce "a big down-payment" on reducing federal debt this year, though there are still significant obstacles to a deal. The Caucus | ||
| House Approves Extension of Debt Ceiling With tacit support from President Barack Obama, the GOP-controlled House approved an extension of the debt ceiling Wednesday, heading off an economy-rattling fiscal crisis for at least four months. Top News and Analysis (pro) | ||
| Debt Ceiling: House Voting On Temporary Extension By The Huffington Post News Editors By ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON — With tacit support from President Barack Obama, House Republicans are moving to try to defuse a potential debt crisis with legislation to prevent an economy-rattling fiscal ... The Huffington Post | Full News Feed | ||
| House Debt Ceiling Vote, 'No Budget No Pay' - Business Insider By Brett LoGiurato The GOP plan is something of a retreat from previous positions, as Republicans found themselves in a virtual no-win situation by attempting to use the debt ceiling as leverage to force spending cuts from President Barack Obama and other ... Clusterstock | ||
| Michelle Malkin » Jay Carney kick-saves a debt ceiling response ... By Doug Powers Jay Carney kick-saves a debt ceiling response: 'That's been his position forever… as president' Michelle Malkin | ||
| House Votes to Suspend Debt Ceiling The House voted "to approve legislation suspending the debt ceiling for three months, a move that will allow the government to keep paying its bills and give lawmakers breathing room for long-term budget negotiations," the Wall Street Journal ... Taegan Goddard's Political Wire | ||
| House raises debt ceiling to avoid US default — RT By RT The House voted on legislation Wednesday that will raise the debt ceiling for three months and delay a US default. Even though this is just a short term fix, the Obama administration said it supports it. News RSS : Today | ||
| Morning Market Movers: Everything Focused on Debt Ceiling Vote ... By Becket Adams Here's what's shaking: Stocks: Stock markets traded cautiously on Wednesday ahead of a U.S. vote on raising the nation's borrowing limit temporarily. The House is set to vote on a motion to increase the nation's $16.4 trillion borrowing ceiling ... TheBlaze.com - Stories | ||
| Debt Ceiling Fight Pushed to Spring, Florida Messes with Massages ... By Scott Shackford The House has passed the temporary debt ceiling suspension bill over the objections of many Congressional Democrats. Senate Majority Leader Harry Reid. Reason.com Full Feed | ||
| Webcast Of House Vote To Temporarily Suspend Debt Ceiling ... By Tyler Durden UPDATE: *HOUSE HAS ENOUGH VOTES FOR DEBT-LIMIT BILL; VOTE IS CONTINUING The House is now debating the "No Budget, No Pay" Delay-and-Pray bill debt-ceiling-extension and is due to vote around 1230ET. As CSPAN notes ... | ||
| Debt Bill Will See Senate Action, Reid Says : Roll Call News By MeredithShiner@cqrollcall.com (Meredith Shiner) Senate Majority Leader Harry Reid said Wednesday that he will take up a short-term debt limit increase approved by the House, saying the measure defuses yet another fight over the debt ceiling. All News RSS Feed | ||
| GOP Officially Caves On Debt Limit | TPMDC By Brian Beutler House Republican leaders headed off another rebuke from their conservative members, and with near unanimity passed legislation to raise the debt limit through May 18, without locking in any cuts to federal spending. TPMDC | ||
| House GOP cave complete, debt-ceiling suspension passes - The ... Just a few weeks ago, congressional Republicans had a vague-but-consistent position on the debt ceiling. They knew it would have to be raised by mid-February, but before GOP members honored their obligations, they would demand that ... Newsvine - The Maddow Blog - Articles |
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| GOP 'Suspends' Constitution in Debt Fight In legislation filed yesterday, the House GOP Leadership made an important twist in their plan to pass a short-term increase in the debt ceiling. Rather than ... www.breitbart.com/.../GOP-suspends-constitution-in-debt-figh... |
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