Debt Ceiling
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Give Peas a Chance: No ceiling on clichés in debt debate
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There's been ominous talk of driving off a cliff, collateral damage, loaded guns, hostage situations, the dark cloud of uncertainty and the fog of the Twilight Zone. And catchphrases like "cut, cap and balance," later derided as "duck, dodge and dismantle."
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Debt ceiling debate works toward contentious compromise
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President Obama has just addressed the nation live, saying a debt deal has been reached between Republican and Democratic leaders, and government spending will be at the lowest level it has been since when Dwight Eisenhower was president in the 1950s.
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Last-minute debt compromise 'very near' - or not
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Late Saturday night, on the Senate floor, Harry Reid said, "talks are going on at the White House now," and he delayed a 1 a.m. Sunday vote on his bill until 1 p.m., to give time for a last-minute agreement.
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House preempts Senate, rejecting 'mirror' Reid bill before Senate votes
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The Republican-led House on Saturday afternoon rejected a Senate Democratic bill to raise the nation's debt limit before the Senate--blocked by a Republican filibuster--has even voted on the bill.
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GOP leaders say debt-limit dispute will be solved
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Republican leaders in Congress say they are confident that an impasse will end soon over raising the government's debt ceiling and heading off default.
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Obama meets with Pelosi, Reid at White House Saturday
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President Barack Obama is stepping back into the debt-ceiling talks, calling Congress' top two Democrats to the White House for a meeting.
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Debt crisis: House nears vote on GOP debt bill; Democrats oppose
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Congress groped uncertainly Friday for a way to avoid a government default threatened for early next week. "We are almost out of time," warned President Barack Obama.
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Debt vote called off as default deadline nears
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Demoralized House Republicans are trying for a third straight day to pass a debt-ceiling bill that has almost no chance of surviving the Senate, even as the clock ticks closer to next week's deadline for avoiding default.
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Montgomery County's credit rating on review by Moody's
CommentMontgomery County’s credit rating has been placed on review for possible downgrade by rating agency Moody's.
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Debt crisis: House to vote on revised debt bill
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House Republican leaders have abruptly delayed a vote on a bill extending the government's debt limit and cutting federal spending.
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Debt crisis: Hope for compromise despite disputes, veto threat
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House Republican leaders shrugged off a White House veto threat and an outbreak of tensions within their own party Wednesday and kept working on a debt plan, but 53 Senators said they oppose the measure.
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Debt crisis: Officials warn of dire consequences for the District
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A potential federal default could leave the District unable to pay its own bills, officials say.
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Debt crisis: Boehner retools plan to solve debt crisis
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Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner.
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Debt crisis: Dems, GOP at odds as debt default risk looms
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"We can't allow the American people to become collateral damage to Washington's political warfare," Obama said. Boehner said he had given "my all" to work out a deal.
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Fairfax County faces credit rating downgrade in wake of national debt crisis
CommentCiting their ability to "make difficult and unpopular decisions" about balancing their budget, the chairman of the Fairfax County Board of Supervisors says that she is troubled by the possibility of seeing the county's credit rating cut.
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Debt crisis: Dems, GOP at odds as debt default risk looms
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"We can't allow the American people to become collateral damage to Washington's political warfare," Obama said. Boehner said he had given "my all" to work out a deal.
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Boehner, Reid unveil competing debt-crisis solutions
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Congressional leaders shopped competing debt-crisis solutions and President Obama canceled fundraising appearances Monday.
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Obama: Corporations, wealthy must 'pay their fair share'
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President Obama tells La Raza that the wealthy and corporations must pay more to help stabilize the long-term debt.
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