When it comes to addressing the U.S. debt crisis, there seem to be two parallel universes, operating just a few blocks away from each other in Washington.
The United States government hit the legal limit for the amount of money it can borrow Monday, but Treasury officials say they can take other measures to pay the bills. Ray Suarez discusses questions about how the debt ceiling works…
Gwen Ifill and David Chalian talk debt ceiling politics and Newt Gingrich.
With the federal government set to hit its legal limit on borrowing in less than a week, House Speaker John Boehner outlined new debt ceiling negotiation terms. Kwame Holman reports on the politics of the debate.
Mark Shields and David Brooks discuss the debt ceiling debate and the Los Angeles Dodgers…
President Obama spelled out his plan Wednesday for cutting the deficit by $4 trillion over 12 years. Treasury Secretary Timothy Geithner speaks with Jim Lehrer about the president's budget goals and the likelihood of getting cooperation from congressional Republicans.
How Will Raising the Debt Ceiling Impact U.S. Markets?…
In other news, the Senate approved Ben Bernanke for a second term as chairman of the Federal Reserve. Senate Democrats also voted to boost the federal debt ceiling by nearly $2 trillion.
In other news, a winter storm spread across the Midwest on one of the busiest travel days of the year, and Christmas celebrations began around the world.
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