debt ceiling

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Harry Reid: House 'Having Trouble' on Debt Ceiling

Caucuses to meet this morning in scramble to resolve crisis

(Newser) - Harry Reid tossed some zingers at Republicans last night after they failed to vote on John Boehner’s debt ceiling plan. Reid adjourned the Senate just before 11pm, the Hill reports, saying, “I apologize to everyone for the late hour, but we've been waiting for the House to...

Sarah Palin Warns GOP Frosh Before House Vote

Boehner backers likely to face Tea Party primary challenge, she suggests

(Newser) - First-term House Republicans received a slightly menacing missive from Sarah Palin not long before they were expected to vote on John Boehner's debt plan yesterday. "We little folk are watching the debt ceiling debate with great interest and concern," Palin wrote on her Facebook page , reposting an...

No Vote Tonight: Boehner Falls Short on Count

House speaker can't push through debt plan

(Newser) - John Boehner could not quell a revolt among conservatives and push his debt plan through the House tonight. House Majority Whip Kevin McCarthy announced about 10:30pm EST that no vote would take place. House Republicans had delayed the vote earlier this evening but still expected to get it done...

Boehner Postpones House Vote

He's still trying to round up enough votes

(Newser) - Let the endgame begin: House Republicans say a vote on John Boehner's debt plan will still take place tonight, but the House speaker is apparently having trouble rounding up the necessary votes. Boehner predicted victory earlier today, but he halted debate on the measure about 5pm, reports Politico . Assuming...

Bachmann: We'll Impeach If Obama Uses 14th Amendment

'He would effectively be a dictator'

(Newser) - Michele Bachmann had some strong words today about the idea that Barack Obama could raise the debt ceiling himself with the 14th Amendment, saying it would make him “effectively a dictator,” and lead to his impeachment. “It's Congress that does the spending,” she told CNN...

Debt Deal: Let&#39;s Just Flip a Coin
 Debt Deal: Let's 
 Just Flip a Coin 
OPINION
Jul 28, 2011 1:53 PM CDT

Debt Deal: Let's Just Flip a Coin

It's the only way to resolve this madness, Matt Miller argues

(Newser) - Matt Miller has a crazy plan to end this intractable debt ceiling showdown in Washington: Flip a coin. This is no time for heroes, he writes in the Washington Post . It’s “a time for scared politicians … to walk themselves back from the brink with a face-saving ploy....

GOP, Dems in Different Worlds
 GOP, Dems in Different Worlds 
Jul 28, 2011 7:27 AM CDT

GOP, Dems in Different Worlds

Could Joe Biden and Mitch McConnell save the day?

(Newser) - Harry Reid and John Boehner each made progress in their quest for votes yesterday—but that actually drove them further away from a compromise. House Republicans and Senate Democrats “seemed to operate in alternate realities,” the New York Times observes, with each sure the other would eventually cave...

John McCain Blasts 'Tea Party Hobbits'

Skewers hard right, saying vote against GOP plan would help Obama

(Newser) - Is it the return of the long-lost Maverick? John McCain came out swinging at both the left and the right yesterday, calling Harry Reid's debt plan "full of smoke and mirrors," but reserving his harshest language for conservatives, reports the LA Times . Reading from a Wall Street ...

Boehner to GOP: 'Get Your Ass in Line'

Speaker working to round up support for his plan

(Newser) - The CBO report that forced John Boehner to delay the vote on his debt ceiling plan may end up working in his favor, reports the Hill . It's still unclear whether he has the magical 217 needed before tomorrow's expected vote, but he's definitely closer. The delay has...

Democrats to Obama: Use the 14th Amendment

Leaders in the House say he shouldn't rule it out

(Newser) - Desperate times: Some high-ranking Democrats say President Obama should invoke the 14th Amendment and raise the debt ceiling on his own. James Clyburn, the third-ranking House Democrat, made the pitch to the Democratic Caucus this morning, reports the Hill . By doing so, Obama would bring "needed stability to our...

GOP Uses Ben Affleck Movie for Inspiration

House leaders play clip from 'The Town'

(Newser) - One of the weirder nuggets to emerge from the behind-the-scenes wrangling on the debt ceiling comes from the Washington Post , which reports that House Majority Whip Kevin McCarthy played a clip from a Ben Affleck movie yesterday in a bid to foster unity among his fellow Republicans. In the scene...

CBO: Dems' Plan Falls Short, Too

...about $500 billion shy of goal

(Newser) - Looks like the Republicans aren't the only ones whose debt ceiling plan falls a little short: The Congressional Budget Office says the Senate Democrats' plan would only cut the deficit by $2.2 trillion over the next decade, not the $2.7 trillion promised by Harry Reid, reports the...

Jon Stewart: 'Did the President Just Quit?'

'Daily Show' host not impressed by Obama's speech

(Newser) - Barack Obama’s debt ceiling speech didn’t exactly reassure Jon Stewart. After playing a clip in which Obama told viewers to call their congressmen on the Daily Show last night, Stewart gave the camera a shocked look. “Did the president just quit?” he asked. “I mean seriously,...

Debt Ceiling Showdown: John Boehner, Harry Reid Scrambling for Support on Dueling Plans
 Boehner, Reid 
 Can't Find the Votes 
debt ceiling showdown
Jul 27, 2011 7:53 AM CDT

Boehner, Reid Can't Find the Votes

Neither plan is doing very well at this point

(Newser) - John Boehner and Harry Reid are frantically scrambling to cobble together support for their dueling debt plans after Boehner was forced to delay a House floor vote on his proposal until tomorrow ... or beyond. The delay was a direct result of the CBO's report that Boehner's package falls...

Palin on Debt: Just Obama Drama

President is fear mongering, she says

(Newser) - President Obama is just trying to scare the American people with his talk of serious consequences if no agreement can be reached on the debt ceiling, according to Sarah Palin. The Alaskan, appearing on Greta Van Susteren’s Fox News show, dismissed the situation as "more Obama drama,"...

White House Raises Veto Threat on Boehner Plan

But the bill won't pass Senate anyhow, says administration

(Newser) - As John Boehner’s debt bill approaches a likely vote tomorrow, the White House has issued a veto threat. The brief statement tells Congress that “the president’s senior advisors would recommend that he veto” Boehner’s plan in the event that it passes Congress. But President Obama’s...

Let's Kill the Debt Ceiling— Permanently

Why suffer from 'problems we've created for ourselves'?

(Newser) - All this talk about raising the debt ceiling when the fact is—like almost “every other democratic country”—we shouldn’t have one at all, writes James Surowiecki in the New Yorker . “There’s no debt limit in the Constitution,” and Congress already has a way...

Dear GOP, You Won, Let&#39;s End the Fight
 Dear GOP, 
 You Won, 
 Let's End 
 the Fight 
Fred Thompson
Jul 26, 2011 12:56 PM CDT

Dear GOP, You Won, Let's End the Fight

Fred Thompson: It's time to declare victory and move on

(Newser) - Republicans already have wrung impressive concessions from President Obama in the debt ceiling talks, writes former senator and one-time presidential candidate Fred Thompson. Might they get more? Possibly, but it's not the worth the risk of default to find out. "I respectfully suggest that you rake in your...

New IMF Head: US Needs Debt Deal 'Immediately'

Christine Lagarde urges US to show 'political courage' like Europe

(Newser) - Newly crowned IMF queen Christine Lagarde called for “bold fiscal action” to end the US debt ceiling crisis today, though she warned that drastic spending cuts could lead to a jobless recovery. “I’m hopeful that the political courage shown by European leaders will soon be followed” by...

Hill Overwhelmed by Calls After Obama Speech

Congressional websites down, too

(Newser) - Looks like voters are taking President Obama up on his exhortation to call their congressmen. In a speech last night Obama urged Americans to contact their representatives and push them to strike a debt ceiling bargain. By this morning the congressional switchboard was so overwhelmed that it sent an email...

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