When congressional Republicans, egged on by the boisterous voices of the tea party, vigorously objected to President Barack Obama’s signing a new nuclear arms treaty with Russia in December, GOP stalwarts were called in to explain why it was necessary to support the effort. By having the secretaries of state under Republican presidents weigh in, […]
President Obama and leaders of the Senate say they’ve cut a deal to head off a historic American default. “Leaders from both parties have come together for the sake of our economy to reach a historic, bipartisan compromise that ends this dangerous standoff,” said Senate Majority Leader Harry Reid (D-Nev.) on the Senate floor Sunday […]
Roland Martin talks with Valerie Jarrett, Senior Advisor to President Barack Obama about the latest developments in the debt ceiling debate. TJMS: Will President Obama Invoke The 14th Amendment And Raise The Debt Ceiling? by Roland S Martin on Mixcloud
WASHINGTON — During a closed-door meeting, House Speaker John Beohner spoke to GOP leaders in an attempt to gain support of his debt limit plan, which some Republicans deem skeptical. “Get your a– in line,” he demanded to the caucus. The GOP has been quite divided between those who back Boehner’s plan and those — […]
Debt is a word I’m sure most Americans are well aware of. Whether it’s personal debt or the country’s national debt, it’s something that can’t be avoided. America’s debt is rising so fast that we are currently looking at our debt ceiling cracking. While there is no actual ceiling, these cracks are very real and a […]
In early 2001, America’s economic future was rosy: Our government was sitting on a massive budget surplus, and the Congressional Budget Office predicted that the next 10 years would carry our nation down the path of seemingly endless prosperity. This was a good time for President George W. Bush to push through a set of […]
Roland Martin and David Frum join Wolf Blitzer in The Situation Room to discuss the battle over raising the debt ceiling.
Watching Republicans and Democrats squabble over their ideological battle lines with regard to the debt ceiling is the same as looking at a bratty child fall out in the middle of the floor with a temper tantrum when he doesn’t get his way. On one hand, Republicans are trying desperately to hold on to their […]
WASHINGTON — After tension escalated in Wednesday’s debt limit negotiations, President Obama told Republican lawmakers that he will not yield on reaching a deal that includes a long-term deficit cut. Republicans said that after a heated disagreement with House Majority Leader Eric Cantor (R-Va.), the president “abruptly” walked out of the meeting. Democratic lawmakers, however, […]
WASHINTON — After days of parlay between Republican and Democratic lawmakers, and no efforts to reach a deal on the deficit, Senate Republican leader Mitch McConnell proposed that President Obama increase the federal debt limit without Congressional approval. McConnell’s proposal suggests a lack of confidence in Congress’ ability to reach a bipartisan agreement on spending […]
