Opinion: Failure to get our debt under control is robbing us of the ability to invest in our future. full story ![]()
Treasury Secretary Jacob Lew is telling Congress that the administration will begin taking steps next week to avoid a default on the nation's debt until Congress votes to raise the government's borrowing limit.
miamiherald.com (3 days ago)
LONDON (Reuters) - The United States must not delay raising its debt ceiling as ensuing uncertainty would hurt both the U.S. and the global economy, U.S. Treasury Secretary Jack Lew said in an interview on CNBC television on Friday. "Congress should deal with this right away. The fact that they have more time should not put off dealing with this," he said. "I don't think...
yahoo.com (11 days ago)
WASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take extraordinary steps to allow it to keep paying the nation's bills once a temporary suspension in the government's debt ceiling lapses this weekend.
reuters.com (3 days ago)
Opinion: Failure to get our debt under control is robbing us of the ability to invest in our future.
politico.com (3 months and 5 days ago)
A three-month truce on the debt-limit war is about to expire, and Congress and President Obama will enter a no-man's land with nobody quite knowing how things will shake out when the debt peace ends in two weeks. Some lawmakers fear underhanded tricks by the Obama administration to try to ...
washingtontimes.com (15 days ago)
WASHINGTON (Reuters) - House Republicans are expected to pass a bill on Thursday that would require the Obama administration to prioritize government debt payments and retirement benefits if Congress fails to reach a deal to raise the U.S. debt ceiling.
reuters.com (12 days ago)
Any confrontation over the nation’s debt ceiling is now unlikely until after Labor Day.
miamiherald.com (3 days ago)
By Margaret Chadbourn WASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation's bills once a temporary suspension in the government's debt ceiling lapses this weekend. To preserve its borrowing capacity, the Treasury Department said it would use the...
yahoo.com (3 days ago)
If you enjoy the spectacle of lawmakers fruitlessly fighting over the budget, then you're in luck. Congress is expected to have even more time to chase its tail this summer before it must do something concrete -- raise the country's legal debt limit.
cnn.com (24 days ago)
Fix The Debt, the group pushing Congress to do something about runaway deficit spending, is loaded with highly compensated CEOs who know more about prosperity than austerity.
denverpost.com (18 days ago)
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