Senate Optimistic Shutdown Deal Can Be ReachedPresident 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."
Gingrich: Obama 'Dramatically Harder To Deal With' Than ClintonRepublicans are invoking former President Bill Clinton’s name as the government shutdown continues and the debt ceiling crisis looms.
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.”
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.
Veteran Republicans Accusing Tea Party Lawmakers Of Staining GOPFrom 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.
Boehner To Lay Out Debt Ceiling Proposal To ObamaHouse Speaker John Boehner will ask House Republicans for a short-term debt ceiling increase in an effort to avoid a default, The Associated Press reports.
Wall Street Analyst: 'We're Going To Lose Our Power Seat' If US DefaultsA Wall Street analyst warned that not raising the debt ceiling or ending the government shutdown any time soon could have dire consequences for the global economy.
Obama: Raising Debt Ceiling 'Does Not Add a Dime to Our Debt'President Barack Obama held a press conference Tuesday at the White House on the continuing government shutdown and the looming debt ceiling.
Analyst: GOP Taking Blame Because 'Public Has Become Conditioned To Blaming Republicans For Obstruction'Republicans are taking it on the chin in the court of public opinion during the government shutdown.
GOP Rep: Treasury Secretary's Assertion US Could Default If Debt Ceiling Not Raised 'Simply False'U.S. Rep. Mike Pompeo said Monday he would "absolutely not" vote to raise the debt ceiling without spending cuts, downplaying the possibility of a U.S. default that has already made global markets nervous.
Debt Limit Overtaking Shutdown as U.S. Crisis Focus A market-rattling federal default loomed and the partial government shutdown lingered on Monday, but a gridlocked Congress betrayed little or no urgency toward resolving either of the nation's most challenging short-term economic disputes.
'Sugar Daddy' Dating Sites Say Government Shutdown A Huge Boost To Sign-UpsAn online dating website which bills itself as “The World’s Largest Sugar Daddy Dating Website” says it has recorded a 50 percent jump in average daily sign-ups since the start of the government shutdown.
House Republicans Offer Smaller Budget Cuts On Debt MeasureHouse Republicans are far less ambitious this week in their demands for spending cuts to erase new debt issued to pay the government's bills than they were during a budget battle two years ago.
Obama: 'Threat Of Not Raising The Debt Ceiling Being Used To Extort' MeHouse Republicans vowed Wednesday to pass legislation that would prevent a partial government shutdown and avoid a historic national default while simultaneously canceling out President Barack Obama's health care overhaul, inaugurating a new round of political brinkmanship as critical deadlines approach.
Bernanke: Approaching Debt Limit Is One Of 'Critical Fiscal Watersheds'Federal Reserve Chairman Ben Bernanke said Monday that it's important that Congress raise America's borrowing limit before the Treasury runs out of maneuvering room to avoid a potential default on U.S. debt.