Related Content: debt ceiling

PBS NewsHour: Political Checklist: We've Hit the Debt Ceiling, Now What?

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May 16, 2011

In this week's edition of the Political Checklist, Gwen Ifill and David Chalian examine why, if the nation has hit its limit for borrowing, has there been no outcry from the markets or the political system? Gwen suggests that Wall Street is well-aware that Congress is known for making politics out of the debt ceiling increase, but always raises the limit before it is too late. Treasury Secretary Timothy Geithner said he can take extra measures and ensure that the government can borrow until August 2.

Political Checklist: We've Hit the Debt Ceiling, Now What?

Web content

May 16, 2011
In this week's edition of the Political Checklist, Gwen Ifill and David Chalian examine why, if the nation has hit its limit for borrowing, has there been no outcry from the markets or the political system? Gwen suggests that Wall Street is well-aware that Congress is known for making politics out of the debt ceiling increase, but always raises the limit before it is too late. Treasury Secretary Timothy Geithner said he can take extra measures and ensure that the government can borrow until August 2.
They also discuss the politics behind Republican presidential candidate Newt Gingrich's criticism of the House GOP-endorsed Medicare overhaul as "radical." Gwen compares 2011 version of Gingrich to Gingrich in the 1990s, when he was the bomb-thrower seeking to shake up the establishment. Gwen and David also express confusion about Gingrich's position on Medicare reform, and they aren't the only ones.

Political Checklist: We've Hit the Debt Ceiling, Now What?

Web content

May 16, 2011

In this week's edition of the Political Checklist, Gwen Ifill and David Chalian examine why, if the nation has hit its limit for borrowing, has there been no outcry from the markets or the political system? Gwen suggests that Wall Street is well-aware that Congress is known for making politics out of the debt ceiling increase, but always raises the limit before it is too late. Treasury Secretary Timothy Geithner said he can take extra measures and ensure that the government can borrow until August 2.

They also discuss the politics behind Republican presidential candidate Newt Gingrich's criticism of the House GOP-endorsed Medicare overhaul as "radical." Gwen compares 2011 version of Gingrich to Gingrich in the 1990s, when he was the bomb-thrower seeking to shake up the establishment. Gwen and David also express confusion about Gingrich's position on Medicare reform, and they aren't the only ones.

On the Radar: May 12, 2011

Legacy: On The Radar

January 7, 2011

Weekly Show

2011 starts with a bang (of the gavel)!  John Boehner and the GOP take control of the House but are already arguing with Democrats over the deficit & health care. There’s a reorganization at the White House too, with new players coming & going this week.  Joining Gwen this week: John Dickerson (Slate/CBS), Major Garrett (National Journal), Julianna Goldman (Bloomberg) and Jeff Zeleny (NY Times).