FUBAR

Lots of posturing, no movement towards debt deal

Lots of posturing, no movement towards debt deal

Rival Democratic and Republican plans to raise the government’s borrowing ability have thrust Congress into a standoff just one week away from a potentially devastating debt crisis. President Barack Obama made a last ditch call for compromise, but House Speaker John Boehner said negotiations with the White House had been futile. “We can’t allow the […]

Boehner’s two-step plan: Risky politics

Boehner’s two-step plan: Risky politics

So many Americans are so sick of political acrimony over raising the U.S. debt limit that it might seem unfathomable to have to do it all over again early next year. But that is exactly what the top U.S. Republican, John Boehner, is proposing for some practical political reasons. If Boehner, the Speaker of the […]

Tea party to Boehner: Stand firm

Tea party to Boehner: Stand firm

Tea Party activists demanded House of Representatives Speaker John Boehner deliver on budget cuts at a rally on Monday at his Ohio offices, urging the Republican leader to “stand strong” in debt negotiations. About 100 people chanted “no more spending” and hoisted banners and signs reading “No New Taxes” and “Do Not Cave” outside the […]

Boehner: GOP will do debt deal without Democrats if necessary

Boehner: GOP will do debt deal without Democrats if necessary

With bipartisan debt-limit talks deadlocked, House Republicans and Senate Democrats readied rival emergency fallback plans Sunday in hopes of reassuring world financial markets the U.S. government will avoid an unprecedented default. In a conference call, Speaker John Boehner summoned his conservative rank and file to swing behind a “new measure” that could clear both houses […]

Scandal-tinged Congressman calls it quits

Scandal-tinged Congressman calls it quits

Rep. David Wu of Oregon was being pressured to leave Congress sooner rather than later after the House Democratic leader sought an investigation into a young woman’s allegation that she had an unwanted sexual encounter with him. Wu, 56, a seven-term Democrat from Portland whose unusual behavior had been the subject of news stories earlier […]

Boehner walks out on debt limit talks

Boehner walks out on debt limit talks

House Speaker John Boehner abruptly broke off talks with President Barack Obama Friday night on a deal to make major cuts in federal spending and avert a threatened government default, sending already uncertain compromise efforts into instant crisis. Within minutes, an obviously peeved Obama virtually ordered congressional leaders to the White House Saturday morning for […]

Crunch time on debt limit talks

Crunch time on debt limit talks

Efforts to avoid an unprecedented U.S. default enter crunch time on Friday, with President Barack Obama and top lawmakers engaged in a sometimes chaotic drive to strike a sweeping deficit-reduction deal. With the clock ticking toward an August 2 deadline to raise the U.S. debt ceiling, Obama and the senior Republican in Congress, House Speaker […]