Debt Limit

9:28am

Thu October 3, 2013
Politics

Treasury: New Debt Ceiling Fight Could Derail Economy

Originally published on Thu October 3, 2013 1:30 pm

Treasury Secretary Jacob Lew leaves the Capitol after a visit on Thursday.
Alex Wong Getty Images

The Treasury Department is issuing a warning of dire economic consequences that could rival the Great Recession if Congress is unable to agree on raising the debt ceiling and the nation defaults on its obligations.

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11:00am

Fri August 9, 2013
Politics

VIDEO & TRANSCRIPT: Obama's Surveillance Statement And Press Conference

Screencap of the President's statement on security and surveillence, he then took questions from the press in the East Room Friday.
White House YouTube.com

11:36am

Sun July 28, 2013
The Two-Way

Treasury Secretary: Congress Must End Uncertainty On Debt

Originally published on Sun July 28, 2013 2:15 pm

Secretary of the Treasury Jack Lew speaks during a news conference at the U.S. Department of the Treasury earlier this month.
Brendan Smialowski AFP/Getty Images

Treasury Secretary Jack Lew says the debt ceiling needs to be raised, but without another economically damaging partisan fight.

In a series of interviews on the Sunday morning political talk shows, Lew said Congress needs to lift the "cloud of uncertainty" over the nation's finances and raise the limit before it fully expires on Sept. 30.

"The fight over the debt limit in 2011 hurt the economy, even though, in the end, we saw an extension of the debt limit," the secretary said on NBC's Meet The Press.

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7:35am

Sat February 23, 2013
It's All Politics

Liberal Watchdog Group: 'Fix The Debt' Movement More Astroturf Than Grassroots

Originally published on Sat February 23, 2013 1:03 pm

The liberal watchdog group Center for Media and Democracy says Fix the Debt — a key unit in philanthropist Pete Peterson's corps of organizations to battle the national debt — is a pro-business effort masquerading as a grassroots movement.

In a conference call with reporters Friday, CMD director Lisa Graves called Fix the Debt "an Astroturf supergroup that is exceedingly well funded." The term "Astroturf" refers to groups that appear to be citizen-organized but actually have their roots at consultants' offices inside the Capital Beltway.

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10:23am

Tue February 5, 2013
Politics

VIDEO & TRANSCRIPT: President Obama Speaks On Spending Cuts, Deficit Reduction

Screencap of the President speaking from the White House briefing room on his proposals for the nation's finances
White House YouTube.com

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