Big - business leaders are fed up with the tactics of conservative Republicans, who instigated a partial closure of the Federal government and engaged in brinksmanship
over the debt ceiling in a failed effort to stop the implementation of the Affordable Care Act.
«Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock
over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset,» Zezas adds.
Before Brexit, there was Grexit and the European sovereign debt crisis, Scotland's independence referendum, and the U.S. legislative gridlock
over its debt ceiling in 2011, which threatened to, out of whole cloth, create a default in the global benchmark risk - free asset.
Not exact matches
With the Senate finally voting this afternoon to raise the
debt ceiling, enough time has probably elapsed for us to start laughing about the absurdist tragedy that played out
in Washington D.C.
over the last couple months.
Perhaps he proposed both initiatives because he was appalled by the behavior of D.C. politicians
in the summer scuffle
over the
debt ceiling and because he believes the public sector right now is incapable of microfinancing
in the service of jobs creation.
As quid pro quo for lifting the U.S. government's
debt ceiling last year, Republicans
in Congress demanded $ 1.2 trillion worth of budget cuts
over the next decade to drag Washington back into solvency.
The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the
debt ceiling, includes around $ 2.1 trillion
in spending cuts
over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.
If you listen to the latest buzz, House Republicans are now thinking of triggering a crisis
over the
debt -
ceiling debate, likely coming up
in late October, rather than the federal budget.
Last week, I wrote that the upcoming Kabuki theatre
in Congress,
over a possible government shutdown and the
debt ceiling, might convince the Federal Reserve to postpone the QE tapering past its next rate - setting meeting
in mid-September.
While a temporary compromise
over the country's
debt ceiling pushed that deadline back to at least August, the sequester — sweeping automatic spending cuts mandated by cliff legislation — could kick
in as soon as March 1.
The fund's economists also noted the adverse market reaction caused by the brinkmanship
over the
debt ceiling last year
in a separate analysis of the global capital markets.
Examples
in recent years include the dispute
over the U.S.
debt ceiling and European political turmoil.
By Gordon D. Giffin
In the weeks leading up to the traditional August Congressional recess, the drama that played out in Washington over whether and how to raise the statutory federal debt ceiling at times reached crisis (if not comedic) proportion
In the weeks leading up to the traditional August Congressional recess, the drama that played out
in Washington over whether and how to raise the statutory federal debt ceiling at times reached crisis (if not comedic) proportion
in Washington
over whether and how to raise the statutory federal
debt ceiling at times reached crisis (if not comedic) proportions.
On Monday, the Dow finished down 4.6 percent, the biggest decline
in percentage terms since August 2011, when investors were fretting
over Europe's
debt crisis and the
debt ceiling impasse
in Washington that prompted a U.S. credit rating downgrade.
In the middle of a showdown
over the federal
debt ceiling, Standard and Poor's downgraded the U.S. credit rating for the first time, from AAA to AA + with a negative outlook.
That's doesn't include Obama's first year deficit budget, which was a carry
over deficit from W's last year
in office and was
over by $ 1.3 Trillion and the
debt ceiling was raised.
Everybody needs to read William Voegeli's awesome post on how Obama is running circles around the congressional Republicans
in the public argument
over the
debt ceiling increase and cutting the deficit.
Imagine an alternate universe
in which Republicans had NOT shut down the government or held the
debt ceiling hostage
over Obamacare funding.
During a Seante leadership news conference today
in DC, Senator Chuck Schumer joked that the House Republicans have mellowed since their recent retreat to Williamsburg, Virginia, where the conference decided not to fight the White House
over raising the
debt ceiling.
With Mitt Romney's rivals for the GOP presidential nomination trying to score points
in the bitter debate
over raising the
debt ceiling, how wise is it for the frontrunner to try to remain above the fray?
So, to recap: The congresswoman is seeking more spending by the federal government here
in New York to help with the post-Irene recovery — a move that would, if she and Cantor had their way, require additional cuts at a time when Washington is already polarized
over reductions mandated by the
debt ceiling deal passed early this month.
Moody's issued its warning
in response to the political brinksmanship being played
in Washington
over raising the country's
debt ceiling.
U.S. Rep. Paul Tonko, D - Amsterdam, would not say how he'll vote on the
debt -
ceiling deal being worked
over in Washington today, but he made it clear
in a radio interview today he doesn't like it.
As demonstrated by the recent debate
in Washington
over the
debt ceiling, the United States will decline if Democrats and Republicans are unable to compromise, Brown said
in an interview broadcast Sunday on CNN's «State of the Union.»
Earlier this year, it broke with the House leadership
over what the group saw as insignificant spending cuts
in the
debt ceiling deal, urging Speaker John Boehner to negotiate a Balanced Budget Amendment.
Now, bend
over Chevy Volt sales triple
in 2012 Something tells me we paid for these as well Woman hiding with kids shoots intruder Obviously, the left preferred a different outcome Obama hints at big
debt -
ceiling brawl, but can he win this one?
[S] ome GOP lawmakers were exploring whether the political stalemate
over funding the government could best be resolved by crafting a broader fiscal package that would include an increase
in the
debt ceiling... The speaker expressed optimism at the lunch that he might be able to combine the two issues to embark on broader budget negotiations with the White House and Senate Democrats.»
Sitting
in my San Francisco office last month watching the squabbling
over the sequester, the shutdown, Obamacare and the
debt ceiling, it was easy to overlook how it might affect my own and other Main Street businesses.
By Elizabeth McGinnis Sitting
in my San Francisco office last month watching the squabbling
over the sequester, the shutdown, Obamacare and the
debt ceiling, it was easy to overlook how -LSB-...]
Ultimately,
in an impasse, each side fears losing something: In disputes over Gun Control, it is losing more innocent lives vs. losing personal safety and protection; in disputes over Immigration Reform, it is losing talented people and necessary social contributions of immigrants vs. losing potential American jobs; in disputes over the Debt Ceiling / Fiscal Cliff, it is losing on - going social programs vs. losing tax money to excessive interest payments; and, in disputes over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulator
in an impasse, each side fears losing something:
In disputes over Gun Control, it is losing more innocent lives vs. losing personal safety and protection; in disputes over Immigration Reform, it is losing talented people and necessary social contributions of immigrants vs. losing potential American jobs; in disputes over the Debt Ceiling / Fiscal Cliff, it is losing on - going social programs vs. losing tax money to excessive interest payments; and, in disputes over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulator
In disputes
over Gun Control, it is losing more innocent lives vs. losing personal safety and protection;
in disputes over Immigration Reform, it is losing talented people and necessary social contributions of immigrants vs. losing potential American jobs; in disputes over the Debt Ceiling / Fiscal Cliff, it is losing on - going social programs vs. losing tax money to excessive interest payments; and, in disputes over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulator
in disputes
over Immigration Reform, it is losing talented people and necessary social contributions of immigrants vs. losing potential American jobs;
in disputes over the Debt Ceiling / Fiscal Cliff, it is losing on - going social programs vs. losing tax money to excessive interest payments; and, in disputes over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulator
in disputes
over the
Debt Ceiling / Fiscal Cliff, it is losing on - going social programs vs. losing tax money to excessive interest payments; and,
in disputes over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulator
in disputes
over Certification for Mediators, it is losing quality control for consumers vs. losing personal / professional autonomy to future regulators.
In addition, we may see some fiscal tightening this fall as the debate
over federal spending and the
debt ceiling takes place.»
For example, a legislative fight
over the
debt ceiling and the delayed sequester will take place
in February.