Jul 29 Boehner Bill May Be Revived in House Several House Republicans exiting a closed door meeting in the basement of the Capitol Friday morning said that House Speaker John Boehner was altering his debt-limit bill in a way that would allow it to pass, just hours after House… Continue reading
Jul 29 Fancy a Pint? Brew Throughout the World By Paul Solman Photo by Flickr user hakaider. Has all the talk about the debt ceiling left you wanting to reach for a cold one? Or several? How likely are they to be drowning their sorrows elsewhere in the world? You might… Continue reading
Jul 29 Fancy a Pint? Brew Throughout the World Photo by Flickr user hakaider. Has all the talk about the debt ceiling left you wanting to reach for a cold one? Or several? How are they likely to be drowning their sorrows elsewhere in the world?… Continue reading
Jul 29 President Obama: 'Plenty of Ways Out of This Mess' EmbedVideo(1134, 482, 304); The morning after House Speaker John Boehner failed to secure enough support to hold a vote on his debt-limit plan in the House -- a measure that Senate Democrats and the White House had said… Continue reading
Jul 29 Decision to Delay Debt Vote Produces Only Losers House Speaker John Boehner arrives at the Capitol on Friday morning. Photo by Chip Somodevilla/Getty Images. Thursday night's decision by Republican leaders to scrap a vote to raise the debt ceiling dealt House Speaker John Boehner a stunning… Continue reading
Jul 29 Vote Delay on Boehner Plan Adds Uncertainty to Debt Ceiling Endgame House Republicans failed to secure the support necessary to pass Speaker John Boehner's debt-limit increase plan Thursday night, forcing the GOP leadership to delay a vote on the measure as the United States inches toward its borrowing limit Aug. Continue reading
Jul 29 Watch Economic Data Show U.S. Growth Slowing Considerably In other news Friday, new economic data released show U.S. growth is slowing considerably. The Commerce Department reported the economy expanded at a rate of 1.3 percent in the second quarter, far below expectations. Also, President Obama announced that fuel… Continue watching
Jul 28 Watch Lagarde Warns Dollar Could Decline if U.S. Debt Deal Not Reached Lagarde Warns Dollar Could Decline if U.S. Debt Deal Not Reached… Continue watching
Jul 28 Lagarde Warns Dollar Could Decline if U.S. Debt Deal Not Reached By Larisa Epatko The International Monetary Fund's managing director Christine Lagarde said Thursday in a PBS NewsHour interview that if U.S. lawmakers can't reach an agreement on the debt ceiling, one of the global impacts could be a loss of confidence in the… Continue reading
Jul 28 Obama Preps Emergency Plan if Debt Deadline Passes With No Deal With six days left before the debt ceiling deadline arrives, there will be no shortage of reporters trying to glean intelligence from President Obama's closed-door meeting with Treasury Secretary Tim Geithner Thursday afternoon. But there's one thing the… Continue reading