Giffords adds to debt-limit drama

Giffords adds to debt-limit drama

The total number of votes on the historic debt-limit bill was 430. One vote was more memorable than any of the others. Seven months after she was shot in the head, Rep. Gabrielle Giffords returned to the House on Monday to cast her vote. Thunderous applause and emotional hugs from her Republican and Democratic colleagues […]

Right-wing issues warning on debt deal

Right-wing issues warning on debt deal

Conservatives are warning of lasting political consequences as the Republican presidential field offers conflicting positions on the debt-ceiling compromise. Some activists likened the political impact of the high-stakes fight over the nation’s borrowing limit to the debate preceding the invasion of Iraq. And interest groups promised that each presidential contender’s position would be remembered, particularly […]

Senate up next to pass debt-limit extension

Senate up next to pass debt-limit extension

With just hours left before the national debt bumps against its ceiling, emergency bipartisan legislation to allow the government to borrow more faces one final test in the Senate. Expected passage there sends the bill to President Barack Obama, averting a potentially disastrous, first-ever government default and making a down payment toward taming out-of-control budget […]

Debt deal really doesn’t reduce deficit all that much

Debt deal really doesn’t reduce deficit all that much

The compromise debt limit deal may have resolved this year’s most clamorous political battle between President Barack Obama and Congress, but it takes only a modest swipe at the heart of the matter: the government’s relentlessly huge budget deficits. The legislation, due a Senate vote Tuesday following Monday’s House passage, would save at least $2.1 […]

Debt deal brings anger, disgust from right & left

Debt deal brings anger, disgust from right & left

From the right and center: mild disgust. From the left: outright anger. Americans showed a range of emotions and responses to the debt-limit deal President Barack Obama and top leaders of Congress struck Sunday, but few were positive. Except perhaps relief that the weeks of wrangling was finally over. Phil Waters of Anchorage, Alaska, gave […]

America, we have a debt-limit deal

America, we have a debt-limit deal

Congress is moving quickly on an agreement to avert a potentially devastating default on U.S. obligations, with legislation that mixes a record increase in the government’s borrowing cap with the promise of more than $2 trillion in spending cuts. After a tense weekend of bargaining, President Barack Obama and congressional leaders announced the agreement Sunday […]

Voters played key role in debt-limit deal

Voters played key role in debt-limit deal

Dear voter: Want to know why Democrats and Republicans in Congress find it so hard to work together to solve tough problems like the debt ceiling, health care and Social Security? Look in the mirror. Americans gripe about cowardly, self-serving politicians, and Congress doubtlessly has its feckless moments and members. But voters are quick to […]

Jim DeMint relishes tea party role

Jim DeMint relishes tea party role

He calls himself Sen. Tea Party. That almost says it all about Sen. Jim DeMint’s role on the nation’s political scene in these nervous days of debt limit warfare and pre-election posturing. But unlike the fractious movement as a whole, DeMint is specific and focused on what change, exactly, he wants: passage — not just […]

Progress towards a real deal on debt limit?

Progress towards a real deal on debt limit?

White House officials and congressional Republicans are reaching toward a potential end to their bitter debt limit showdown, raising hopes that a deal could be in place by Tuesday to avert a possible federal default. After weeks of strident partisan conflict, the two sides were discussing an accord that would raise the government’s borrowing authority […]