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Debt ceiling

News You Need to Know

House GOP scrambles for debt ceiling solution

October 23, 2015
Manu Raju, Deirdre Walsh, Ted Barrett | CNN
House Republicans are scrambling to build support for legislation that would raise the debt ceiling before the November 3 deadline in order for the U.S. to prevent a first-ever default.
Extra

Webcast Extra | July 15, 2011

December 15, 2014
We remember the debt crisis in 1995. Also, Will the Murdoch scandal affect the U.S.?
News You Need to Know

House passes ‘ clean ’ debt-ceiling bill, ending two-week showdown

March 12, 2014
Ed O'Keefe | The Washington Post
The House approved a year-long suspension of the nation’s debt limit Tuesday in a vote that left Republicans once again ceding control to Democrats after a collapse in support for an earlier proposal advanced by Speaker John A. Boehner (R-Ohio).
Congress
News You Need to Know

Senate clears debt ceiling hike

February 13, 2014
Susan Davis | USA Today
Three years of battling over the nation's debt and borrowing authority reached an anticlimactic end Wednesday, when the Senate approved with little debate and only minor delay a House-passed measure to suspend the debt ceiling until March 2015.
Feb 7 2014
Extra

Webcast Extra: Most Endangered Incumbents in 2014 & Jeb Bush's 2016 Prospects

February 7, 2014
Which Congressional incumbents are facing an uphill reelection battle?
News You Need to Know

House GOP may try to link debt ceiling approval to changes to health-care law

February 5, 2014
Robert Costa, Ed O'Keefe | The Washington Post
House Republicans were still struggling Tuesday to find consensus on how to handle their upcoming debt-limit negotiations with the White House, but they seem increasingly determined to avoid any kind of dramatic showdown with the president this time.
From the Vault

2011 Debt Ceiling Debate

Air Date: 
July 29, 2011
As the government shutdown continues, the next fiscal crisis is already on the horizon. The Treasury says the U.S. will default on its loans on Oct. 17 unless Congress agrees to raise the debt ceiling, but House Republicans will not allow the debt ceiling to be raised without some concessions. During last fight to raise the debt ceiling in 2011, a deal was reached just 2 days before U.S. borrowing authority lapsed. The deal included significant cuts in spending, but the cantankerous debate resulted in the first-ever downgrade of the U.S. credit rating. Gwen Ifill discussed the debate with Jeanne Cummings, Major Garrett, Karen Tumulty, and David Wessel.
From the Vault

Deficit Deal Stalemate

Air Date: 
November 25, 2011
Newly re-elected, President Obama has to find a way to get a divided Congress to reach an agreement to prevent a fiscal crisis or risk pushing the country into recession. We look in the vault to November 2011 when the supercommittee failed to reach a budget deal affecting national politics and the economy.
Web Clip

Countdown to the Debt Ceiling

January 10, 2012
After month of political wrangling, President Barack Obama this week signed the compromise debt ceiling bill at the 11th hour. Washington Week monitored the ins-and-outs of the debt ceiling debate for the last 3-months; from the Biden talks to the Boehner plan; from Cut, Cap & Balance to a surprise appearance at the end on the floor of the House. Here, our Countdown to the Debt Ceiling Deal.
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