Bernanke says it’s very important that Congress raise the debt ceiling so the government can pay its bills.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
The debate over raising the debt limit is back, as House Republicans vote on a measure to block the increase on Wednesday.
President Obama signed a bill to raise the nation’s borrowing limit on Tuesday, just hours after the Senate voted 74-26 in favor of the deal that will cut government spending by trillions and effectively raise the debt ceiling through the end of 2012.
Congress could vote today on a deal to avoid the first ever government default in U.S. history.
What will happen if Congress and the White House can’t reach an agreement on a deal to lift the federal debt ceiling?
Michigan could be out $400 million a week in federal funds if the nation hits its debt limit and can’t pay its bills.
Governor Rick Snyder is weighing-in on the debate over the federal debt ceiling.
One week and counting for the debt limit deadline in Washington. Although, neither side in Washington appears willing to budge on the debt ceiling debate.
Many local seniors and others are worried about their social security checks because of the possibility of a U.S. default and the debt ceiling.