Thursday, December 15, 2011

ceiling



july 13

  • House Speaker John Boehner discusses the latest in the ongoing debt ceiling talks in an interview with Fox News ' Bret Baier. Fox News Top Headlines
  • WASHINGTON ( Reuters ) - President Barack Obama warned on Tuesday that elderly Americans could suffer first from a debt default, raising pressure on lawmakers as prospects for a deal to lift the debt ceiling appeared far from reach. Reuters Politics
  • While Obama and Republicans maneuvered for political position, New York Mayor Michael Bloomberg said during the day that the two parties ' debate over deficit reduction " should not be tied to the debt ceiling. The Republican
  • Obama on Monday repeated his willingness to look at changes to Social Security and Medicare as part of a deal to raise the $ 14.3 trillion U.S. debt ceiling. Reuters Politics
  • The Washington noise on ( the federal ) debt ceiling is driving a lot of volatility. Reuters Health
  • If Obama wins, having managed only to kick the twin cans of the debt ceiling and the fiscal situation down the road, his second term could be as grim as the first. Washington Post Opinions
  • Acknowledging that no deal may pass muster with many Republicans, Senate and House Republican leaders began exploring an escape hatch that would essentially allow all Republicans to vote no but allow the debt ceiling to rise nonetheless. NYTimes Front Page
  • A vote on raising the debt ceiling has to be accompanied by a major effort to restructure and reduce the size of government.  Christian Science Monitor All
  • Congressional Republicans should not relent in the battle with President Barack Obama over raising the federal debt ceiling, former House Speaker Newt Gingrich said during a presidential campaign swing through South Carolina on Tuesday. AP Politics
  • The current high-profile negotiations on the debt ceiling will make it increasingly difficult, if not impossible, for the president to dodge responsibility for crucial economic policies that he will, for better or worse, endorse. Daily Beast Blogs and Stories
  • Democratic Sen. Kent Conrad is losing patience with arguments for raising the debt ceiling. Daily Beast Blogs and Stories


  • july 15

  • Moody 's Investor Service threatened this week to downgrade the United States' credit rating if lawmakers don't raise the nation 's $ 14.3 trillion debt ceiling. Slate
  • Under the emerging proposal, Obama would be able to order increases in the debt ceiling on his own, without congressional approval. LA Times National News
  • President Barack Obama sits with House Speaker John Boehner of Ohio, as he meets with Republican and Democratic leaders regarding the debt ceiling, Monday, July 11, 2011, in the Cabinet Room of the White House in Washington. Huffington Post Full Feed
  • By “this” Obama meant Cantor’s insistent demand that the president accept a short-term hike in the debt ceiling, which would mean Congress would have to vote on yet another increase before next year’s election. Washington Post Opinions
  • Bernanke’s remarks, delivered to the Senate Banking Committee, marked the latest warning of economic catastrophe if Congress doesn’t raise the federal government’s debt ceiling by Aug. 2. Washington Post Economy
  • President Barack Obama on Thursday gave congressional leaders a weekend deadline to find a way to raise the debt ceiling, but a divide over spending and taxes remained a huge hurdle to a deficit-cutting deal. Reuters Politics
  • Ratings agency Standard & Poor 's has warned there is a one-in-two chance it could cut the United States ' prized AAA credit rating if a deal on raising the government 's debt ceiling is not agreed soon. Reuters Business
  • President Barack Obama gave lawmakers 24 to 36 hours to finalize the path forward for raising the debt ceiling during the latest high-stakes White House meeting on Thursday. Huffington Post Full Feed
  • Ratings agency Standard & Poor 's has warned there is a one-in-two chance it could cut the United States ' prized triple-A rating if a deal on raising the government 's debt ceiling is not agreed soon. Huffington Post Full Feed
  • The US must raise its $ 14.3tn ( £ 8.9tn ) debt ceiling to borrow beyond 2 August. BBC Top Stories
  • It said there was a "one-in-two" chance that it may cut the US 's AAA rating if a deal to raise the government 's debt ceiling is not agreed upon soon. BBC Top Stories
  • Credit rating agency Standard & Poor 's said on Thursday that there is a 50 percent chance it will downgrade the U.S. government 's credit rating within three months because of the congressional impasse over approving an increase in the debt ceiling. Seattle Times full feed


  • july 26

  • The markets had been sanguine since the United States hit its $ 14.3 trillion debt ceiling in May, with stock prices high and borrowing costs low. Slate
  • Following the debt ceiling debate in real time. Slate
  • President Barack Obama will warn Americans on Monday that failure to reach a political compromise in Congress to raise the debt ceiling will do "incalculable damage" to the United States. Reuters Economy
  • Even some conservative media types seems downright astonished that Republican officeholders aren't cutting a deal right now on the debt ceiling debate which includes increasing revenues. Huffington Post Full Feed
  • Right now Republicans in Washington are waging a battle they may well win, to ensure that no sacrifice is asked of any wealthy American, or any conglomerate that is now paying zero taxes, in a debt ceiling deal that would heap even more Draconian pain on the poor and the middle class. Huffington Post Full Feed
  • Earlier today, House and Senate leaders each formally presented their plans to raise the debt ceiling in time to avoid the Aug. 2 deadline by which if a deal is not reached, the country would default on its debt for the first time in history. NPR News Headlines
  • President Obama addresses the nation about the ongoing debate over the nation 's debt ceiling. VOA News
  • A first step calls for Congress to pass $ 1.2 trillion in spending cuts, allowing the president to request a $ 1 trillion hike in the debt ceiling. Christian Science Monitor All
  • President Obama, in a nationally televised address to the nation Monday, urged a "balanced approach" in crafting a deal to raise the debt ceiling and reduce the federal deficit ahead of the Treasury's Aug. 2 deadline, when the country is said to risk default on its debt. Fox News Politics
  • Although failing to raise the debt ceiling by the early August deadline would plunge the United States into a sea of uncertainty, the government might be able to pay the bills and avoid a default on obligations for longer than expected, economic analysts said. Washington Post Economy
  • The Twitter trend was started by the seemingly mild-manner media analyst Jeff Jarvis, who explains (warning: not work safe): " I listened to the latest from Washington about negotiations over the debt ceiling...After dinner, I tweeted: "Hey, Washington * * * * *, it 's our country, our economy, our money. Huffington Post Full Feed
  • The Republican leader in the House and Democratic leader of the Senate issued dueling proposals Monday to allow the federal debt ceiling to be raised – both with steep spending cuts, but neither with a clear route to ending the standoff over the government's ability to pay its bills. LA Times Politics


  • july 31

  • WASHINGTON -- House Minority Leader Nancy Pelosi ( D-Calif. ) may not be pushing the issue publicly, but in private she " clearly " supports President Barack Obama using the Constitution to raise the debt ceiling as a last resort, according to one Democratic member of Congress. Huffington Post Full Feed
  • House Speaker John Boehner ( R-OH ) ( L ) and Senate Minority Leader Mitch McConnell ( R-KY ) ( R ) speak at a news conference about the U.S. debt ceiling crisis at the U.S. Capitol in Washington July 30, 2011. Reuters Politics
  • Sen. Tom Harkin, D-Iowa, made a plea on the Senate floor Saturday evening for President Obama to invoke the 14th Amendment to raise the debt ceiling if Congress fails to strike a deal before the Aug. 2 default deadline. ABC News Politics
  • We repeat: There is no rational basis for insisting on a dollar of savings for every dollar increase in the debt ceiling. Christian Science Monitor All
  • After all, the go-to haven for years has been U.S. Treasury securities, the very investment at risk of default if Congress does not enact legislation raising the debt ceiling by early August. Washington Post Business
  • On Friday, he became the kind of speaker he had to be, yielding to rebellious tea party conservatives and altering his bill to raise the debt ceiling to avoid a humiliating defeat. Washington Post Politics
  • Efforts to reach a last-minute deal to stave off a potentially disastrous federal default remained at an impasse Saturday as House Republicans engaged in some psychological warfare and their colleagues in the Senate seemed poised to block a key vote on a bid by Democrats to raise the debt ceiling. LA Times National News
  • Or it could be that he offers a diversion during a summer consumed by the national obsession with the Casey Anthony trial, a heart-wrenching terrorist attack in Norway and the numbing grind of the debt ceiling debate. NYTimes Front Page
  • Sen. Harry Reid proposed moving the vote on his plan to raise the debt ceiling until 1 p.m. Sunday. Daily Beast Cheat Sheet
  • McConnell has notably played both sides of the debate, aligning at times with the White House and Reid on raising the debt ceiling, and at other times endorsing Boehner's actions—and his proposal—in ways that have alienated Hill Democrats. Daily Beast Blogs and Stories


  • Aug 1

  • U.S. Senate Majority Leader Harry Reid ( D-NV ) walks from a meeting with Senate Minority Leader Mitch McConnell on the debt ceiling crises on Capitol Hill in Washington July 31, 2011. Reuters Politics
  • World markets staged a relief rally as U.S. lawmakers moved closer to a reaching a deal over the nation 's debt ceiling. CNN Business
  • Multiple Democratic sources tell The Huffington Post that the level of defense cuts that would take place should a bipartisan super-committee not agree to a second round of spending cuts is one of the last remaining sticking points holding up an agreement to raise the debt ceiling. Huffington Post Full Feed
  • Clean energy could be among the hardest-hit sectors if the U.S. government does not raise the debt ceiling and then defaults on the national debt. Huffington Post Full Feed
  • It 's the way of the world that this little triumph was completely overshadowed by the mass murders in Norway, the debt ceiling fight in the US, the famine in Somalia, and the Murdoch hacking scandal in the UK, to name but a few of the world 's worries. Huffington Post Full Feed
  • For the most part, the mainstream media -- with the exception of much of the New York Times coverage and its intelligent editorials -- have been in the role of enablers, treating the debt ceiling as if it were the main story. Huffington Post Full Feed
  • But that 's what has happened with the debt ceiling negotiations. Huffington Post Full Feed
  • Japanese officials had become increasingly alarmed that U.S. lawmakers would miss an August 2 deadline for raising the country 's debt ceiling due to wrangling over spending and tax cuts, sources told Reuters on Sunday. Reuters Business
  • President Barack Obama said on Sunday that spending cuts included in deal to raise the debt ceiling will not happen so quickly that they will drag on the fragile U.S. economy. Reuters Politics


  • Aug 6

  • While Fitch and Moody s have said they are evaluating the U.S. debt ceiling deal, S&P has been silent to this point. Fox News Top Headlines
  • Now that we have managed to avert a catastrophic financial disaster and the $ 14.3 trillion debt ceiling has been raised, we have to concentrate on the untold crisis of youth unemployment. Huffington Post Full Feed
  • The move follows the long political battle in Washington in recent months over raising the US debt ceiling. BBC Top Stories
  • Just days after Washington struck a harrowing, last-minute deal to lift America’s ceiling, a stark reality has come crashing in on both sides of the Atlantic. NYTimes Front Page
  • In particular, Standard & Poor 's added, it grew more pessimistic about U.S. debt because of the dispute over raising the debt ceiling. ABC News Top Stories
  • Obama said he hoped that after the August recess, Congress would work in a more constructive way than it did on the debt ceiling. Seattle Times full feed
  • When Moody’s put U.S. debt on review for downgrade during the debt ceiling standoff, if also put on notice 7,000 other bonds, worth a total of $ 130 billion, that rely directly on revenue from federal government payments, such as certain kinds of municipal bonds. Washington Post Economy
  • But the narrative of Obama’s presidency has been that other things — most recently, the protracted negotiations over the debt ceiling — keep interrupting that story line. Washington Post Politics
  • Earlier this week, the other two major credit rating agencies, Fitch and Moody 's, reaffirmed their versions of AAA ratings after the end of the debt ceiling fight. Guardian World
  • We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. Forbes Tech 2
  • “What’s changed is the political gridlock,” said David Beers, S.& P.’s global head of sovereign ratings, in an e-mail several days before a debt ceiling agreement was announced. NYTimes Front Page