Debt Ceiling
  • Government Shutdown meeting - Boehner and House Republicans

    Latest House Bill Could Seal a Government Shutdown

    The probability of a federal government shutdown next week greatly increased early Sunday morning as a defiant Republican-controlled House passed another short-term spending bill that requires a one-...

  • Obama’s Task? Be More Rational Than the Tea Party

    By Josh Boak and Eric Pianin, The Fiscal Times

    President Obama has a simple mission in the budget battle: Appear much more sane and rational than Tea Party Republicans. And he’s doing a pretty good job of that, which may help explain why there...

  • The Economic Impact of a Government Shutdown

    By Josh Boak, The Fiscal Times

    So a government shutdown is supposed to crush the economy. Every major player has sounded alarms about the downturn that happens without a spending measure in place by Monday night. It seems to be...

  • Season Two of the Debt Ceiling Show Is a Disaster

    If there weren’t so much at stake, I could write off this episodic soap opera over a government shutdown and defaulting on our debt as just plain entertainment. I had seen the show before, after all...

  • Last-Minute Budget Worries Hammer the Dollar

    By RICHARD HUBBARD, Reuters

    Concern over budget and debt negotiations in Washington sent the dollar close to a seven-month low and pressured world equities on Friday while European shares took a hit from worries over Italy...