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debt crisis


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.


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.


  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.


  Simon Johnson on Europe’s debt crisis

Simon Johnson, a former chief economist at the International Monetary Fund, talks with host Alison Stewart about how debt on both sides of the Atlantic will shape our economic futures for years to come.

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