debt ceiling

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Original Technorati articles tagged “debt ceiling”

• in Politics
  Mitch McConnell plays game of Chicken with Senate
  As Mitch McConnell is forced to filibuster his own grandstanding, we ask: Doesn't the USA deserve better?
  by weenwee / on Dec 7, 2012
• in Business
  General Motors Stockholders Vote To Change CEO Nov. 6, 2012
  General Motors reported a drop in profit of 12% and in most business environments this would be cause for great concern
  by theedje / on Oct 31, 2012
• in Politics
  Hugh Hewitt's 100 Reasons To Vote For a 45th Presidency
  Hugh proceeded point by point, with full explanation, 100 specific reasons Mitt Romney would make a better president for 2012
  by theedje / on Oct 24, 2012

Latest blogosphere posts tagged “debt ceiling”

 

• House Passes Debt Prioritization Measure

  
  — Authority:
  With another debt ceiling fight potentially brewing, the House of Representatives passed the Full Faith and Credit Act, sponsored by Rep. Tom McClintock (R-CA), which would require the Treasury Department to prioritize debt service and Social Security payments to keep the United States’ credit rating intact: ...
  1 week ago

• I get nervous when I read sentences like this, cont.

  
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  from Greg Sargent : And so, in the days ahead, you’ll hear top Democrats continue to amplify the case that the so-called “Boehner Rule” — in which Republicans insist on dollar-for-dollar spending cuts in exchange for the debt limit hike — is a dead letter. You’ll hear them continue to call on ...
  1 week ago

• No ‘faith’ in House debt prioritization bill

  
  PostPartisan — Authority: 151
  Now that the Republican House majority has lost its mind and passed the “The Full Faith and Credit Act,” it’s a perfect time to revisit why this is such a dumb bill and bad policy. In the event the United … Continue reading →        
  1 week ago

• Student Loans: Next Financial Crash?

  
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  On July 1st the interest rate on student loans rises  from 3.4 percent to 6.8 percent of this year. One year ago, the trillion dollar mark was crossed for the amount owed and required to be paid back for a student’s education.. 3.4 to a 6.8 is a doubling… Just on a gross scale, off a Trillion dollars, the ...
  1 week ago

• ALGs Daily Grind - What is the GOPs Debt Ceiling Strategy?

  
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  May 8, 2013 What is the GOPs Debt Ceiling Strategy? The debt ceiling suspension ends on May 19, but what do Republicans want? Sarah Palins Unheeded Example for the GOP While she may not be the leader that any elective office needs, she sets a bright example for the GOPs emerging leader, ...
  1 week ago

• Obama Pays Down Debt, Smashes Republican House of Cards

  
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  Oh boy. This is not good news for Paul Ryan . After four years of trillion-dollar deficits, the red ink is receding in Washington, easing pressure on policymakers and shattering hopes for a summertime budget deal. Federal tax revenue is up and spending is down thanks to an improving economy, January tax hikes and ...
  1 week ago

• Ryan Sees No ‘Grand Bargain’ on Budget

  
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  A top House Republican lawmaker said he didn’t think that a “grand bargain” to reach a broad deficit-reduction agreement would be reached in the near term, casting new doubts on the chances for such a deal.
  1 week ago

• The Debt Ceiling is all About Obamacare

  
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  There is nothing more odious in a free society than politicians using the boot of government to make the most basic goods and services unaffordable for the majority of the country, thereby engendering a need for subsidization.  In one fell swoop, representatives who deviate from the Constitution have the ability to ...
  1 week ago

• Debt ceiling, home mortgage interest deduction and tax reform are in a twisted financial and political knot

  
  — Authority:
  The federal debt is at more than $16.8 trillion and counting . In less than two weeks, the amount of money that Uncle Sam can borrow to pay his (our) bills will need to be increased. The Treasury Department has said it can take "extraordinary measures" to cover the federal debt, giving us a bit more time beyond ...
  1 week ago

• LBJ Comparisons Miss The Point

  
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  There appears to be a new rash of arguments out there about how we’d all be better off if Barack Obama had just read his Robert Caro a little more closely. The broader arguments have already been made elsewhere. I’m sure I’ve probably made such arguments myself in moments of high emotion too. But the more ...
  1 week ago

• The Republican Party Flinches Again On Debt Limit

  
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  According to the Washington Post and Politico , GOP leaders are laying the groundwork to refuse any debt limit increase this year, reneging on debt payments mandated by Congress, shredding the full faith and credit of the American government, thereby plunging the global economy into the abyss, unless Washington … ...
  1 week ago

• Politicos new myth: Its never easy for House GOP to raise debt ceiling

  
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  "Its never been easy for House Republicans to raise the debt limit." With that opening sentence, Jake Sherman and Steven Sloan of Politico provided air cover for the GOPs unprecedented—and dangerously irresponsible— debt ceiling hostage-taking . After all, Republicans in both houses of Congress had no problem ...
  1 week ago

• House GOP Debt Ceiling Bill Is Waste, Fraud And Abuse

  
  — Authority:
  What do you call the effort that will be made in the House of Representatives this week to pass a budget-related bill that will never be enacted, wont work as promised even if it somehow does get signed into law and uses the legislative process for purely political purposes? "Typical" may be the most common answers. ...
  1 week ago

• Paul Krugman, "The Chutzpah Caucus": Stimulating (Yawn . . .)

  
  — Authority:
  As observed by Paul Krugman in a December 2012 New York Times op-ed ( http://www.nytimes.com/2012/12/17/opinion/krugman-that-terrible-trillion.html?_r=0 ), the ratio of debt to G.D.P. is "the best measure of our debt position." Well, US debt is currently more than $16.8 trillion, and gross US debt is some 107% of ...
  1 week ago

• If I get a bad credit score, why can’t I just raise my debt ceiling?

  
  — Authority:
  Public distress about the debt ceiling started at the end of 2012 with the introduction of the phrase “fiscal cliff”. Two daunting words next to each other without a third for ease, and without proper context they means next to nothing. Though the plan had been set to go into effect since the Budget Control [...] ...
  2 weeks ago

• This accounting tweak by Fannie Mae and Freddie Mac will mean $60 billion for the U.S. government

  
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  Here’s a little Washington tale only an accountant could love — or a new Treasury secretary about to run up against the debt ceiling. The story begins in 2008 when the Bush Treasury declared that Fannie Mae and Freddie Mac, the giant housing finance companies owned by shareholders but implicitly backed by the ...
  2 weeks ago

• Reflections on Impact of Economy, Sequestration on Exhibitions

  
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  This post written by Doug Ducate, CEM, CMP President and CEO CEIR   The CEIR Index Report with data from 2012 is now available. After enjoying a strong first half with a 2.5% year-over-year increase that was on target to hit the 2.7% projection for the year, the second half of the year tanked, and ...
  2 weeks ago

• Paul Krugman, "The Story of Our Time": In God We Trust, But Those Green Pieces of Paper?

  
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  In his latest New York Times op-ed entitled "The Story of Our Time" ( http://www.nytimes.com/2013/04/29/opinion/krugman-the-story-of-our-time.html?_r=0 ), Paul Krugman twice declares that the US is in a "depression," "a once-in-three-generations financial crisis," and proffers "a sort of refresher on the nature of ...
  2 weeks ago

• Obama, GOP Outline Debt Limit Debate

  
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  President Barack Obama says he “will not compromise” over his insistence that Congress lift the federal debt ceiling. The nation’s credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling, in 2011. (Jan. 5) More information below. Republished by Blog Post Promoter Technorati ...
  3 weeks ago

• Lew, Rep. Yoder Tangle Over Debt Ceiling

  
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  Treasury Secretary Jacob Lew on Thursday pressed Congress to raise the government’s borrowing limit, but also heard from a House Republicans to “tone down the rhetoric” for fear of spooking financial markets.
  3 weeks ago

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