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debt limit

File photo of the House of Representatives. (Photo credit: Chip Somodevilla/Getty Images)

House GOP May Seek Short-Term Debt Limit Extension

House Republicans may seek a quick, short-term extension of the government’s debt limit, a move that would avoid an immediate default by the Treasury as the party seeks to maximize leverage in negotiations over spending cuts with President Barack Obama this spring, officials said Thursday.

2013/01/17

Senate Minority Leader Mitch McConnell (R-KY) (Photo by Chip Somodevilla/Getty Images)

Opinion: GOP A Party Without A Plan

With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.

2012/11/30

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

2012/11/29

Federal Reserve Chairman Ben Bernanke attends the International Monetary and Financial Committee (IMFC) meeting as part of the annual meetings of the International Monetary Fund (IMF) and World Bank in Tokyo on Oct. 13, 2012. (credit: TORU YAMANAKA/AFP/Getty Images)

Bernanke: Congress Must Raise Debt Limit To Prevent US From Defaulting

Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cuts that could trigger a recession next year.

2012/11/20

Boehner: Any Deal To Avert ‘Fiscal Cliff’ Must Include Lower Tax Rates

House Speaker John Boehner says any deal to avert the so-called fiscal cliff should include lower tax rates, eliminating special interest loopholes and revising the tax code.

2012/11/09

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