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Debt Limit

Dick Durbin

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.”

10/17/2013

Senate Minority Leader Mitch McConnell (R-KY) (Photo by Chip Somodevilla/Getty Images)

Opinion: GOP A Party Without A Plan

With one month to go before we reach the fiscal cliff, Republicans are going to have to figure out how to do something serious for a change instead of grandstanding and avoiding specifics.

11/30/2012

U.S. Speaker of the House Rep. John Boehner (R-OH) (Photo by Alex Wong/Getty Images)

Opinion: The Fourteenth Amendment Solution

Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.

11/29/2012

File Photo (Photo by Chung Sung-Jun/Getty Images)

Debt Limit Stalemate Could Put Student Loans At Risk

If there’s no agreement on the federal debt ceiling by Tuesday, it could mean trouble for anyone who gets money from the government, including Social Security recipients, veterans and the millions of students who depend on federally-backed student loans.

CBS 2–07/29/2011

U.S. Capitol Dome

U Of C Prof: Default By U.S. Government Wouldn’t Be End Of The World

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.

WBBM Newsradio–07/15/2011

(Photo Credit: Getty Images/William Thomas Cain)

Illinois U.S. Senators Square Off On Debt Limit

The U.S. Treasurer says the United States could default on its loans if congress doesn’t act soon to raise the country’s debt limit, and both Illinois U.S. senators are weighing in on the issue.

WBBM Newsradio–05/17/2011