John Boehner

Obama plans yet another meeting with Republicans

Obama plans yet another meeting with Republicans

President Barack Obama is making plans to talk with Republican lawmakers at the White House in the coming days as pressure builds on both sides to resolve their deadlock over the federal debt limit and the partial government shutdown. With the shutdown in its ninth day Wednesday and a potential economy-shaking federal default edging ever […]

A hint of compromise hidden in Obama and Boehner’s hyperbole?

A hint of compromise hidden in Obama and Boehner’s hyperbole?

President Barack Obama and House Speaker John Boehner offered hints of possible compromise but also traded heated rhetoric Tuesday, a frustratingly inconclusive combination that left the eight-day partial government shutdown firmly in place and the threat of an unprecedented national default drawing closer. “There’s a crack there,” Boehner said of the impasse near the end […]

Senate Dems to try and pass increase in debt ceiling

Senate Dems to try and pass increase in debt ceiling

Democrats controlling the Senate are planning to try to pass a stand-alone measure to increase the government’s borrowing cap, challenging Republicans to a filibuster showdown that could unnerve financial markets as the deadline to a first-ever default on U.S. obligations draws closer. A spokesman said Senate Majority Leader Harry Reid could unveil the measure as […]

Debt limit focus taking center stage away from shutdown debacle

Debt limit focus taking center stage away from shutdown debacle

A possible national default loomed closer on Monday as the partial government shutdown lingered, rattling markets in the U.S. and overseas. A gridlocked Congress betrayed little or no urgency toward resolving either of the threats. Stocks got a case of the jitters on Wall Street, and halfway around the world China stressed the importance for […]

Budget fight a crash course on how Congress fails to function

Budget fight a crash course on how Congress fails to function

If majorities in both the House and Senate would vote to reopen the government with no strings attached, or vote to repeal the new health care law’s sales tax on heart pacemakers and MRI machines, then why isn’t that happening? The rancorous budget fight offers a crash course in the arcane ways and language of […]

Short-term debt limit hike under consideration by Senate Democrats

Short-term debt limit hike under consideration by Senate Democrats

Senate Democrats are drafting legislation to raise the nation’s debt limit without the type of unrelated conditions that Republicans have said they intend to demand, officials said Monday, as the White House signaled it would accept even a brief extension in borrowing authority to prevent an unprecedented default. The details of the emerging measure were […]

The government shutdown without end enters second week

The government shutdown without end enters second week

The government shutdown entered its second week with no end in sight and ominous signs that the United States was closer to the first default in the nation’s history as Speaker John Boehner ruled out any measure to boost borrowing authority without concessions from President Barack Obama. Washington will be closely watching the financial markets […]

Divided Congress enters crucial week in budget, debt fight

Divided Congress enters crucial week in budget, debt fight

As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted an October 17 deadline to increase the nation’s borrowing power or risk default. The last big confrontation over the debt ceiling, in August, 2011, ended with an eleventh-hour agreement under […]

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