Obama: 'Threat' Of Debt Ceiling Remains A Political 'Loaded Gun' President Barack Obama spoke with the Wall Street Journal’s CEO Council meeting of nearly 100 chief executives, reiterating that his administration is not “lavishly spending,” and the debt ceiling is more of just a “loaded gun” for politics.
Season Of Uncertainty For StoresWill Washington be the Grinch who stole Christmas?
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.”
Boehner: Obama Risking Default By Rejecting Talks With RepublicansThe United States moved closer to the possibility of the first-ever default on the government's debt Sunday as Speaker John Boehner adamantly ruled out a House vote on a straightforward bill to boost the borrowing authority without concessions from President Barack Obama.
Obama: 'Iran Will Never Develop Nuclear Weapons'Before speaking to members of the press regarding a potential government shutdown due to Senate infighting about the national budget, President Barack Obama began by discussing a phone conversation that he had with new Iranian President Hassan Rouhani.
Obama Warns Republicans Against Promises To Create 'Economic Chaos' In a blistering warning to congressional Republicans, President Barack Obama said it would be the "height of irresponsibility" for lawmakers to cause another economic crisis just five years after the collapse of the nation's financial system.
Treasury Secretary: Raise Debt Limit, Remove 'Cloud Of Uncertainty'Congress needs to raise the debt limit and take away the "cloud of uncertainty" about the nation's ability to pay its bills, Treasury Secretary Jack Lew said in an interview broadcast Sunday.
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.
Opinion: GOP A Party Without A PlanWith 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.
Opinion: The Fourteenth Amendment SolutionSpeaker 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.
Bernanke: Congress Must Raise Debt Limit To Prevent US From DefaultingFederal 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.
Boehner: Any Deal To Avert 'Fiscal Cliff' Must Include Lower Tax RatesHouse 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.