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Even The Koch Brothers Are Turning Against The Republican Debt-Ceiling Crazies

A former Treasury official in the Bush administration, meanwhile, Tony Fratto, has come out to debu…

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3 mins read

Senate Democrats pass debt-ceiling hike of $2.5 trillion just in time to avoid catastrophe — and without any Republicans

The party-line vote passes an increase that would cover the government's bills into 2023. The House…

Ben Winck   


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If The Republicans Seriously Threaten To Default, They Will Surrender Any Claim To 'Economic Prudence And Conservatism'

Some more reasonable-sounding Republicans, like Senator Rand Paul, are now advocating an approach t…

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2 mins read

How Obama Can Win The Debt Ceiling Fight By Giving Republicans Exactly What They Want

The big question then is, in a debt ceiling-induced shutdown, does the Treasury have the technical …

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1 min read

SEAN WEST: The Debt Ceiling Is A 'Loser' For The GOP, And They Know It

I think the debt ceiling is a loser for the GOP and they know it. My fear is not of technical or ac…

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1 min read

ANALYST: It Looks Like This Is 'Unilateral Disarmament' By The GOP On The Debt Ceiling

On the debt ceiling, at least, this is a complete cave. As noted below, the mere willingness to rai…

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1 min read

3 Things That Could Happen Now That The GOP Has Offered A 3-Month Debt Ceiling Hike

1. Dems decide to make their stand here and refuse to pass anything that is short term or tied to t…

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2 mins read

Finally, Conservatives Are Telling The GOP The Hard Truth About The Debt Ceiling

In order for them to do so, they have to be convinced, as Krauthammer implies, that by stepping bac…

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4 mins read

Tim Geithner Sends Letter To Congressional Leaders About Timing And Consequences Of Hitting The Debt Ceiling

The Honorable John A. Boehner Speaker U.S. House of Representatives Washington, DC 20515 …

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3 mins read

Today's Most Important Debt Ceiling News Is What Obama And Geithner Didn't Say

The U.S. government makes approximately 80 million separate payments per month. These include paym…

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1 min read

Obama Gets It Exactly Right On What The Debt Ceiling Fight Is All About

Republicans like to say that breaking the debt ceiling would not lead to a debt default. And that's…

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1 min read

VINCENT REINHART: If There's No Debt Ceiling Deal, The Treasury Will Have To Break At Least One Of Three Laws

This last point is interesting, but seems the least likely. Theoretically the Fed is able to provid…

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2 mins read

Here's What Will Happen If We Don't Raise The Debt Ceiling

Importantly, this default is different from the "government shutdowns" that have happened from time…

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1 min read

There's A Word Missing From The Debate Over The Debt Ceiling

Yesterday was a big day for debt ceiling news, as both Geithner and Obama chimed in, warning the GO…

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1 min read

WHOOPS: Conservative Scholar Admits That A Debt Ceiling Breach Really Could Mean A Debt Default

One of the lines Republicans keep saying is that anyone who talks about "default" is scaremongering…

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3 mins read

Republicans Are Full Of It, And There's No Threat Over The Debt Ceiling

Worse, Republicans cannot figure out what to demand in exchange for raising the debt ceiling. The H…

Josh Barro   


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1 min read

Here Are All The Things Government Would Have To Shut Down Immediately If We Don't Raise The Debt Ceiling

A presentation from the Bipartisan Policy Center did a good job of looking at what we'd have to giv…

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1 min read

A Washington Post Article On The Debt Ceiling Is Being Blamed For The Collapse In Market Volatility

Seems the huge drop in Volatility can be attributed to 2 things. Bad earnings expectations already…

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1 min read

FORMER TREASURY OFFICIAL TWEETS: Here's Why A Debt Ceiling 'Prioritization' Would Be A Disaster

Everyone talking about the debt ceiling and the idea that the Treasury could engage in "prioritizat…

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1 min read

Alan Simpson Nails It On The Debt Ceiling

Maria Bartiromo: "Do you believe the GOP should be using the debt ceiling as leverage point to get …