Stories tagged: debt showdown
UPDATED: Fri., July 29, 2011, 5:29 p.m.
Senate kills latest House debt measure
The Senate has killed the latest effort by the House to raise the government’s borrowing cap.
Fri., July 29, 2011, 5:15 p.m.
Tea party tiger now riding the GOP on debt bill
House Republicans rode the tea party tiger to power last fall. Now it’s turning on them, forcing party leaders to endure embarrassing delays and unwanted revisions to crucial debt-ceiling legislation.
Fri., July 29, 2011, 12:13 p.m.
Washington has 6-8 weeks of cash left
Washington state Treasurer Jim McIntire says he has six to eight weeks of cash available to keep paying state-government bills if Congress fails to lift the debt ceiling in time …
Thu., July 28, 2011, 4:31 p.m.
Questions and answers on the debt limit crisis
The federal government has run through its ability to borrow money and soon will run out of cash to pay its bills. How did the government get into this problem, …
Thu., July 28, 2011, 4 p.m.
McConnell debt-ceiling work mixes pragmatism, politics
As debt talks have taken on soap opera-like proportions, Senate Minority Leader Mitch McConnell, R-Ky., has worked to strike a balance between brainstorming bipartisan solutions and careful 2012 political calculations. …
Tue., July 26, 2011, 4 p.m.
U.S. credit rating downgrade looking likely
Could the U.S. lose its top credit rating even if a deal is reached to raise the debt limit? Market analysts and investors increasingly say yes. The outcome won’t be …
Mon., July 25, 2011, 7:01 p.m.
Obama: Halt ‘3-ring circus’ of debt-limit debate
Decrying a “partisan three-ring circus” in the nation’s capital, President Barack Obama criticized a newly minted Republican plan to avert an unprecedented government default Monday night and said congressional leaders …