| Feb 3, 2014
| 8:34 AM
WASHINGTON -- Treasury Secretary Jacob J. Lew on Monday pressured Congress to raise the debt limit well before an end-of-the month deadline, warning that lawmakers risked derailing a potential "breakthrough year for our economy" if they don't act quickly....
| Feb 4, 2014
| 9:27 PM
WASHINGTON — With another major fiscal deadline looming at month's end, House Republicans are preparing to seek only modest concessions from President Obama to raise the nation's debt ceiling and will instead try to press their political advantage...
| Feb 7, 2014
| 7:38 AM
WASHINGTON -- As the U.S. hit its debt limit on Friday, a leading business group urged Congress to act quickly to raise it to avoid damaging the economy.
The Business Roundtable sent a letter to House and Senate leaders Thursday night warning that...
| Dec 19, 2013
| 2:14 PM
WASHINGTON -- Treasury Secretary Jacob J. Lew formally told congressional leaders Thursday they must raise the debt limit by early March at the latest, warning the government has less ability to postpone a potential default than in the past.
| Oct 2, 2013
| 11:47 AM
You could see this one coming.
Politico reported late Tuesday that congressional leaders are starting to talk about two fiscal crises merging in the days ahead. Federal agencies have partially shut down because House Republicans refuse to pass a bill to...
| Oct 2, 2013
| 5:45 AM
WASHINGTON -- A majority of Americans want Congress to raise the nation's $16.7-trillion debt limit and would blame Republicans if it isn't, according to a poll released Wednesday.
About 56% of respondents said it would be bad for the country if the...
| Oct 3, 2013
| 10:05 AM
Like many bad things in life, the current standoff over money to keep federal programs running has proved easier to stumble into than to get out of. Now the stalemate is about to get more complex. The reason: Congress has a second deadline to deal with....
| Oct 4, 2013
| 6:57 AM
WASHINGTON -- The partial government shutdown reduces the federal government's expenses but not enough to significantly push back the mid-October date by which the debt limit needs to be raised, according to Treasury Department officials and a think-...
| Oct 6, 2013
| 12:33 PM
WASHINGTON — Neither side in the standoff over the federal budget showed signs of movement Sunday as the shutdown of government agencies moved toward its second week, although both hinted at some aspects of what a potential deal eventually could...
| Oct 2, 2013
| 4:26 PM
WASHINGTON — To Wall Street, the partial government shutdown is another unfortunate economic speed bump caused by partisan political fighting.
Failure to raise the debt limit, triggering a first-ever federal default, would be a brick wall on the...
| Oct 8, 2013
| 1:01 PM
I purchased my copy of the 2014 Almanac of American Politics (only $90) Tuesday and immediately started browsing through the profiles of members of Congress. As always, I found myself focusing on the religion of the senators and representatives, a...