Debt Ceiling Articles


Special Report Panel on Debt Ceiling

1:02 PM, Feb 12, 2014

Steve Hayes, with Kirsten Powers and Charles Krauthammer, last night on Fox News:

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Podcast: Kristol Speaks, Boehner Acts

Hosted by Michael Graham.
4:55 PM, Feb 11, 2014

The WEEKLY STANDARD podcast, with editor William Kristol on his memo to the House GOP, and how the GOP can position itself for a successful 2014.

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Senator Tears 'Congress's Credit Card' on Senate Floor

'Congress needs to be in a 12-step program.'
1:05 PM, Oct 10, 2013

Senator Tom Coburn tore up a poster of what he called "Congress's credit card" on the Senate floor:

"Do we, in fact, have the right or the privilege or the ability to ask for an extension and a raising of our debt when, in fact, we haven't acted responsibly with our spending?"

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Moody's Says Obama Is Wrong, U.S. Doesn't Risk Default

6:21 AM, Oct 10, 2013

Contradicting the Obama administration, Moody's Investors Service says that hitting the debt limit shouldn't be confused with default. The Washington Post writes:

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W.H. Refuses to Reveal How Much More the Debt Ceiling Should Be Increased

1:03 PM, Jan 17, 2013

President Barack Obama has said the debt ceiling is not up for negotiations. But when asked at today's White House press briefing how much the debt ceiling should be increased, press secretary Jay Carney refused to say:

Republicans have indicated that they believe the debt ceiling should only be increased if big spending cuts are put in place.

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Tom Cole: I Won't Vote for Debt Limit Hike Without Serious Spending Cuts

3:04 PM, Jan 16, 2013

Tom Cole is the kind of Republican that President Obama will need to help raise the debt ceiling. The Oklahoma congressman is a conservative, but he’s also a pragmatist and a realist who urged Republicans early on to lock in income tax rates for almost all Americans, rather than risk the possibility of income taxes automatically

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Obama Once Called Raising Debt Ceiling 'a Sad State of Affairs'

10:09 AM, Jan 15, 2013

Here's audio of then-senator Barack Obama calling a vote to raise the debt ceiling "a sad state of affairs":

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The Sophist

4:40 PM, Jan 14, 2013

At his press conference today, President Obama showed that he either thinks he can pull the wool over Americans’ eyes through the sheer force of his own outrageous rhetoric, or else he really believes his own rhetoric and is living in a fantasyland.  The guess here is that it’s a roughly even mix of the two.

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The GOP Must Fight the Radicalism Charge

2:01 PM, Jun 04, 2012

I have been reading A Time for Choosing, the wonderful new e-book from RCP’s Carl Cannon and Tom Bevan about the 2012 campaign, and was really struck by this passage about the Democratic counter-punch to Team Romney. Cannon and Bevan note how Democrats decided to attack Romney as:

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Pelosi Picks Clyburn, Becerra, and Van Hollen for Supercommittee

12:19 PM, Aug 11, 2011

House minority leader Nancy Pelosi announced on Twitter that she has selected James Clyburn of South Carolina, Xavier Becerra of California, and Chris van Hollen of Maryland to serve on the joint select committee on deficit reduction (aka the supercommittee).

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The Great Dissuader

Aug 08, 2011

The talks were going nowhere. It was July 13, the fifth straight day of negotiations between President Obama and congressional leaders over an agreement to increase the debt ceiling. The hour was late when House majority leader Eric Cantor repeated the Republican preference for a short-term increase. But the president wasn’t having it. “Eric, don’t call my bluff,” Obama said. “I’m going to the American people on this.”

Well, bluff called.

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The Boehner Recovery

The House speaker survives a near-death experience.
Aug 08, 2011

For House speaker John Boehner, Tea Party Republicans weren’t the problem as he sought support for a package of spending cuts attached to an increase in the debt limit. The biggest impediment to a House majority was Republicans fearful a primary opponent would use a vote to boost the debt limit against them.

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No Good News

2:00 PM, Aug 05, 2011

None. That’s the total of on-the-other-hand good news I have to report this week. Lest you think I am overlooking the debt deal cut in Washington last week, consider this:

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Democrats, Republicans Asked Obama to Leave Room During Debt Negotiations

From "leading from behind" to "leading from outside."
11:40 AM, Aug 04, 2011

There's a fascinating story over at The Hill that was published yesterday, "How John Boehner escaped disaster." I don't think we should get ahead of ourselves here, but certainly there's a storyline emerging here that when it comes to the art of the deal, Boehner is one of the more capable politicians of the era.

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First Blood?

2:55 PM, Aug 03, 2011

With the debt ceiling thing done, the scribes are now straining for the illuminating metaphor and “terrorism,” it seems, is the preferred choice. One New York Times columnist writes that “the Tea Party Republicans have waged jihad on the American people,” and you had to wonder if he would have accused even Osama bin Laden of that. Another Times columnist describes the Tea Party as “the Hezbollah faction” of the Republican Party. Maureen Dowd, the Times’s diva columnist went with a different, idiosyncratic metaphor. The whole thing, she writes, was like a horror movie, a “gory, Gothic melodrama on the Potomac … without the catharsis.”

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Special Report Panel on Next Steps for the Debt Ceiling Bill

8:02 AM, Aug 03, 2011

Steve Hayes, with Charles Lane and Charles Krauthammer, last night on Fox News:

Watch the latest video at video.foxnews.com

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The (Raw) Deal on Defense

6:10 PM, Aug 02, 2011

Now that the Great Debt Ceiling Deal has become the law of the land, it’s time to consider what just happened to America, and in particular to America’s armed forces. On the one hand, it’s complicated. On the other hand, it’s ugly.

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14 Days to Determine Supercommittee Makeup

3:46 PM, Aug 02, 2011

According to the Budget Control Act, the 12-member Joint Select Committee on Deficit Reduction, or the so-called supercommittee, must be formed within 14 days of the bill becoming law. Since President Obama just signed the law, Congress has until August 16, two weeks from today, to fill the slots. The next question Democrats and Republicans will need to answer is, which of their members will they select for the supercommittee? 

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Obama: Debt Deal 'Important First Step' Toward Deficit Reduction

1:10 PM, Aug 02, 2011

Speaking in the Rose Garden at the White House Tuesday afternoon, President Barack Obama tepidly praised Congress for passing the debt limit deal that he said will “avert a default that would have devastated our economy.” The president called the bill an “important first step” in reducing the deficit.

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Obama Plays Pin the Tail on the Economy

When it comes to the economy, is the president better off keeping his mouth shut?
12:41 PM, Aug 02, 2011

Much to the frustration of the press corps and the country at large, President Obama went nearly a year without giving a press conference at a time when the country was in a rather precarious state economically and politically. Lately, however it seems that Obama has decided that the debt ceiling debate is the time to reengage -- no doubt the looming campaign has something to do with this decision.

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Senate Passes Debt Deal, 76-24 (Updated)

11:48 AM, Aug 02, 2011

Just after noon today, the Senate easily passed the debt ceiling deal bill, 74-26. The House of Representatives passed the bill last night, and the president will presumably sign the bill today, the deadline set by the Treasury Department for raising the debt ceiling to avoid a default.

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Fiscal Conservatives Barred from Supercommittee (Updated)

Will Senate Republicans be able to prevent tax hikes?
8:34 AM, Aug 02, 2011

The debt ceiling deal will pass the Senate early this afternoon. No suspense there. But the vote will be worth watching for another reason: Three Republican Senate sources tell TWS that senators who vote against the deal will be ineligible to serve on the so-called “supercommittee” for deficit reduction that the legislation creates.

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‘A Somewhat Sinking Feeling’

6:52 PM, Aug 01, 2011

I’m glad for the long-suffering John Boehner. I respect those who stood with him and their attempt to do the right thing as they saw it. I hope the deal—for as long as it lasts—turns out to benefit the country and advance conservative principles. I will curb my annoyance at those who triumphantly want to claim it represents “a fundamental change in governance.” I hope the deal proves to be a step in the right direction.

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House Passes Bipartisan Debt Deal

6:20 PM, Aug 01, 2011

Earlier this evening, the House of Representatives passed the bipartisan deal to raise the debt ceiling and cut spending, 269-161. Sixty-six Republicans voted against the bill, titled the Budget Control Act of 2011, while an equal number (95) of Democrats voted for and against it.

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