| Oct 8, 2013
| 8:26 AM
WASHINGTON -- The federal government would be unable to pay all its bills and face default as early as Oct. 22 and no later than Nov. 1 if the debt limit is not raised, according to an analysis released Tuesday by the Bipartisan Policy Center.
| 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 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 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 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 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...
| Sep 26, 2013
| 10:40 AM
WASHINGTON – House Republicans are pursuing an all-of-the-above strategy to halting President Obama’s healthcare law, using the threat of next week’s government shutdown and the need to raise the debt limit in mid-October as leverage...
| Sep 25, 2013
| 7:28 AM
WASHINGTON -- The nation's debt limit must be raised by Oct. 17 to avoid a potential default, Treasury Secretary Jacob J. Lew told congressional leaders Wednesday in setting a firmer deadline for lawmakers to break a stalemate.
He urged Congress to "act...
| Sep 10, 2013
| 8:46 AM
WASHINGTON -- The Treasury Department will be unable to pay all the nation’s bills starting sometime between Oct. 18 and Nov. 5 unless Congress raises the debt limit, according to a private analysis released Tuesday.
The new "X date" from the...
| Sep 20, 2013
| 6:30 AM
WASHINGTON -- Billionaire investor Warren Buffett said a failure to raise the nation's $16.7 trillion debt limit would be "pretty damn dumb" as Democrats and Republicans square off in a showdown that could lead to the first-ever federal government...