Debt Ceiling

Durbin: Republican Strategy On Shutdown Was 'A Complete Disaster'After helping negotiate a bipartisan deal to end the partial federal government shutdown, and extend the debt limit, U.S. Sen. Dick Durbin (D-IL) said he hopes House Republicans learned a lesson: "this is unacceptable."
Congressman Foster Frustrated With Lack Of Action To Reopen GovernmentSuburban Congressman Bill Foster (D-Ill.) says the budget impasse on Capitol Hill could be resolved easily at this point, and with a debt crisis coming, it should be.
Opinion: Grover Puts Himself Before Party And CountryGrover 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.
5 House Members From Illinois Vote 'No' On Debt-Ceiling CompromiseFive members of the Illinois Congressional Delegation voted against the debt-ceiling authorization Monday – in some cases, for radically different reasons.
Chicagoans, Local Leaders Weigh In On Debt Ceiling DealThe deal to raise the debt ceiling is expected to have an impact on the financial health of U.S. states, including Illinois.
Debt Ceiling Debate Becoming A Dangerous GameRepublicans and Democrats in Washington remained far apart on a deal to increase the federal debt ceiling and Wall Street is really worried, chalking up the biggest losses in nearly a year.
Schakowsky: Cuts Are Possible, Default UnlikelyU.S. Rep. Jan Schakowsky (D-Ill.) is predicting there will be no government default on its bill, and that the debt ceiling will be lifted in return for some cuts.
Durbin, Kirk: Eliminating Debt Ceiling Is A Bad IdeaRatings agency Moody's believes if the U.S. eliminates the debt ceiling, it would reduce the uncertainty amongst bond holders.
Supporters Say They Won't Back Obama If He Allows Entitlement CutsMore than 200,000 people across the country say they will not support President Barack Obama in his run for 2012 based on some of the proposals coming out of the debt ceiling talks.
U Of C Prof: Default By U.S. Government Wouldn't Be End Of The WorldCongress and President Barack Obama have three weeks before the nation's debt limit must be raised, lest the country start to default on its obligations.
18 Scary U.S. Debt FactsCongressional leaders are at an impasse over raising the country's debt ceiling, so what happens if there isn't a deal by the Aug. 2 deadline?
Rep. Walsh Tells Obama 'Quit Lying' About Debt CeilingNorth suburban Republican Congressman Joe Walsh has a new YouTube video on his website - where he tells President Barack Obama to "quit lying” about the impact of not raising the national debt ceiling by Aug. 2.
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