obama debt

While it is true that Presidents Ronald Reagan and George H.W. Bush had racked up large budget deficits, economists do not
"I want to emphasize the positive as we enter the holiday season," Obama said of the agreement, which averts a potential
In the interview broadcast Wednesday, the president says he doesn't think such a stalemate would amount to a fiscal emergency
A three-month downturn is a caution, not a catastrophe. But Washington seems too wrapped in its deficit delusions to pay attention to the flashing yellow lights. Here's a cautionary guide.
Countries that pay for what they spend by printing money or, these days, creating it electronically, are usually broke. That certainly fits our bill. And we're printing lots and lots of money. Over the past five years, the Treasury has, in effect, done its $1 trillion coin trick twice.
Carney did his best to avoid endorsing the legislation, noting that no one has actually seen the language yet. But he did
And indeed, staunch proponents of dramatic deficit reduction like the arch-conservative Club for Growth accompany their calls
Congress's fiscal cliff deal could lead to gridlock when lawmakers have to grapple with $1 trillion in sequestration cuts. Is another cliff on the horizon? Zach Carter joins Ahmed to discuss.
Elsewhere on Friday morning, Sen. John Cornyn (R-Texas), the second-ranking Senate Republican, penned an op-ed making a similar
"Right," said Gohmert, "and that's our leverage." The administration is calling on House Speaker John Boehner (R-Ohio) to
Jennifer Bendery contributed reporting. But in comments on Thursday, the speaker dipped back into the rhetoric that he and
In the process of putting together a far-reaching piece of legislation, the president will have the help of the progressive
"Democrats are committed to staying in session as long as it takes to ensure certainty for the middle class and growth for
Pelosi said Wednesday that lessons were learned from last year's debt ceiling debacle. The Democratic leader privately endorsed
A second official characterized another potential fight over raising the debt limit as the most irresponsible thing possible
WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) on Thursday slammed House Speaker John Boehner (R-Ohio) for sparking
WASHINGTON -- Chairman of the Senate Budget Committee Kent Conrad (D-N.D.) said on Sunday that he urged President Obama not
What remained on the table, the official clarified, was the notion that there could be a deal. But instead of including the
"It's obvious that Grover Norquist has a lot of pull in the Republican caucus and I think that's an understatement," Reid
However, as The Washington Post points out, the data in the chart are still incredibly misleading. The only question left