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debt ceiling

A view of the U.S. Capitol Building's Rotunda after a vote on Capitol Hill on Oct. 16, 2013 in Washington, D.C. (Photo credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

Senate and House Approve Deal to Fund Government, Raise Debt Ceiling

Sixteen days into the government shutdown, the Senate and House voted Wednesday evening to end the fiscal stalemate.

10/16/2013

Carney stated that the shutdown and debt ceiling deadline fighting are bad for the US and world economy, and the effect of “flirtation” with the debt ceiling and default is “harmful to the American people in all cases.”  Credit: JEWEL SAMAD/AFP/Getty Images

Carney: ‘Flirtation’ With Debt Ceiling Harmful To US, World Economy

Carney stated that the shutdown and debt ceiling deadline fighting are bad for the US and world economy, and the effect of “flirtation” with the debt ceiling and default is “harmful to the American people in all cases.”

10/16/2013

“You know, for me, I think the coolest thing is that if there is somebody interesting, whose doing anything, a scientist, a sports figure, you know, a writer, anybody in the world -- if I want to call them up and talk, they will answer my call. And that's a pretty cool thing.” (Photo by Alex Wong/Getty Images)

Obama on ‘Coolest’ Job Perk: Anybody in the World Will Answer My Call

Amid a government shutdown, looming US default and partisan bickering in Congress, President Obama was still able to focus on one of the more positive, “cool” things about his job.

10/16/2013

Investor Warren Buffett says he didn't buy the Washington Post because he didn't want it to be a burden on his company or family. (credit: NICHOLAS KAMM/AFP/Getty Images)

Buffett Says Allowing U.S. Default Would Be ‘Act of Idiocy’

Billionaire Warren Buffett says it would be idiocy for the nation’s leaders to allow the United States to default on its bills.

10/16/2013

Former Alaska Gov. Sarah Palin speaks at a rally supported by military veterans, Tea Party activists and Republicans, regarding the government shutdown on Oct. 13, 2013 in Washington, D.C. (credit: Andrew Burton/Getty Images)

Palin: ‘Defaulting On Our National Debt Is An Impeachable Offense’

Former Alaska Gov. Sarah Palin believes President Barack Obama should be impeached if he raises the debt ceiling without the backing of Congress.

10/15/2013

President Barack Obama speaks about the government shutdown and debt ceiling deadline at Martha's Table in Washington, D.C., on Oct. 14, 2013, as the crisis over a US government shutdown and debt ceiling standoff continues into the third week of the shutdown. (credit: SAUL LOEB/AFP/Getty Images)

Senate Optimistic Shutdown Deal Can Be Reached

President Barack Obama is sounding an optimistic note saying there has been progress in the Senate toward resolving a standoff over the nation’s debt and the partial government shutdown. But he cautions that if Republicans don’t cooperate, “we stand a good chance of defaulting.”

10/14/2013

This June 4, 1998 file photo shows then House Speaker Newt Gingrich conferring with President Bill Clinton during introductions at the National Summit on Retirement Savings at the Hyatt Hotel in Washington, D.C. (credit: PAUL J. RICHARDS/AFP/Getty Images)

Gingrich: Obama ‘Dramatically Harder To Deal With’ Than Clinton

Republicans are invoking former President Bill Clinton’s name as the government shutdown continues and the debt ceiling crisis looms.

10/14/2013

Obama: Not Raising Debt Ceiling Will Create New ‘Republican Default Tax’

In his weekly White House website address, President Obama talked about the dangers of not meeting the country’s financial commitments, raising the debt ceiling and ending the “Republican shutdown.”

10/14/2013

Sen. Bob Corker, R-Tenn., speaks to reporters after leaving the Senate Chamber on Oct. 13, 2013 in Washington, D.C. (credit: Andrew Burton/Getty Images)

Corker: Democrats, Republicans Need To Get ‘On The Same Page’

A Senate Republican says there’s plenty of blame to go around for the partial government shutdown and specter of default.

10/14/2013

Sen. Ted Cruz, R-Texas, speaks during a prayer vigil organized by the Christian Defense Coalition outside the White House on Sept. 26, 2013 in Washington, D.C. (credit: Win McNamee/Getty Images)

Veteran Republicans Accusing Tea Party Lawmakers Of Staining GOP

From county chairmen to national party luminaries, veteran Republicans across the country are accusing Tea Party lawmakers of staining the GOP with their refusal to bend in the budget impasse in Washington.

10/11/2013

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