Debt Ceiling
  • Obama and Boehner

    Scariest Part of Obama’s Debt Ceiling Warning

    By Josh Boak, The Fiscal Times

    The Obama administration fired a warning shot on Wednesday about the debt ceiling, but House Republicans will likely be indifferent to the message.

  • Debt Limit Alert: U.S. Has Less than $50B Cash on Hand

    By Cnbc Staff

    The United States could have less than $50 billion in cash in mid-October when the government exhausts its legal borrowing capacity, Treasury Secretary Jack Lew said on Tuesday. READ MORE: WHY...

  • Time to Roll Back the $760K Contractor Salary Cap

    By Josh Boak, The Fiscal Times

    Here’s an easy way for the government to save about $7 billion a year: Tighten the cap on the lavish salaries paid to executives at government contractors. The cap is currently at $760,000 per...

  • 3 Assumptions the GOP Brings to the Budget Battle

    By Josh Boak, The Fiscal Times

    Sen. Ron Johnson (R-WI) is an entitlement and debt hawk, but he considers the plan to defund Obamacare by his Texan colleague Sen. Ted Cruz “terrible.” The freshman Republican—elected in 2010—likes...

  • Why It’s Still Not ‘Cool’ to be a Federal Worker

    It’s a cruel irony that President Obama came into office four and a half years ago promising to “make it cool again” to be a federal employee. There may have been a time in the distant past when...