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debt ceiling


Stop the austerity train wreck

Debt deal or not, Washington is on the road to making budget cuts that will slow the economy, increase unemployment and impose additional hardship on millions of Americans, writes Robert Reich.


In Elizabeth Warren, progressives may have found the hero they’ve been seeking

More than any other Democrat, the longtime consumer advocate is offering a compelling narrative about the unfairness of the current economic situation.


Debt ceiling agreement guarantees that Bush tax cuts will be major issue in 2012

Democrats will get another chance to re-litigate the fight over tax increases, with the scheduled expiration of the Bush tax cuts at the end of 2012.


On the origins of the debt-ceiling crisis

Stephen Squibb examines how the GOP successfully recast retirement and healthcare savings as “entitlements,” refused tax increases and now finds itself perched on the edge of its greatest victory.


Obama, Congressional leaders reach deal on debt limit, but left sees it as a victory for GOP

President Obama and congressional leaders announced a deal to raise the debt limit Sunday night, but the bill contained no new revenue and no stimulus measures, and was seen by the left as a victory for the GOP.


Rival debt plans aren’t so far apart, but brinkmanship continues

The rival plans proposed by Boehner and Reid actually have a lot in common. But the two sides are staring each other down, waiting for the other to cave.


As lawmakers push rival debt plans, only one person is still seeking compromise: Obama

A “grand bargain” would seem impossible at this point, but Obama is still pushing for one. Lawmakers in both parties meanwhile, planned votes on their rival debt plans.


  Eric Cantor walks a fine line

Need to Know interviews political reporter Jeff Schapiro about Republican Congressman Eric Cantor, who has emerged as a leading opponent of the White Houses attempt to broker a deal on the debt ceiling.


  Richard Brookhiser on divisions within the Republican party

Need to Know turns to historian and senior editor at the National Review, Richard Brookhiser, for a broader perspective on the recent political machinations in Washington, and the age-old discussion over the size of government.

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