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.”
Suburban 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.
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.
Five members of the Illinois Congressional Delegation voted against the debt-ceiling authorization Monday – in some cases, for radically different reasons.
The deal to raise the debt ceiling is expected to have an impact on the financial health of U.S. states, including Illinois.
Republicans 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.
U.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.
Ratings agency Moody’s believes if the U.S. eliminates the debt ceiling, it would reduce the uncertainty amongst bond holders.
More 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.
Congress 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.
Congressional 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?
North 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.
If you don’t think the upcoming federal debt ceiling deadline will impact you, it might – if you’re expecting a check in the mail.
President Barack Obama and congressional leaders will sit down again this afternoon to try to reach an agreement on raising the debt ceiling. U.S. Sen. Mark Kirk (R-Ill.) is not letting their apparent impasse discourage him.
The threat to block an increase of the federal debt ceiling is probably no more than that, according to an economics professor at the University of Illinois.
U.S. Sen. Richard Durbin (D-Ill.) says there can be no doubt about the need to raise the debt ceiling so the country can continue paying its bills here, and overseas.