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Tag Archives: debt ceiling
The Debt Deal: Pros and Cons
Now that the House “approved a budget agreement intended to head off a potential government default” 269 to 161, and that the Senate will likely pass the bill tomorrow, the crisis has ended exactly how the bond market predicted it would: … Continue reading
Posted in Business, Defense, Finance and Economics, Healthcare, Media, Policy, Politics, Social Security, Taxes
Tagged Bicameral, Bipartisan, Congress, debt ceiling, Debt ceiling agreement, Debt Crisis, Democrats, House of Representatives, Medicaid, President Obama, Republicans, Senate, Social Security
10 Comments
Not Paying Military If There Is No Debt Deal Is a Bad Idea
I’m getting a sense of deja vu reading Chairman of the Joint Chiefs of Staff Admiral Mike Mullen’s comments on whether or not military servicemembers will receive their paychecks in the event that Congress cannot reach a deal to raise the country’s debt … Continue reading
Posted in Defense, Finance and Economics, International Security, Media, Policy, Politics, Taxes
Tagged Congress, debt ceiling, Debt Crisis, Deficit, Military
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The Debt Ceiling and Our Urge to Destroy Ourselves
As a kid growing up on the Gulf Coast the annual hurricane watch was a terrifying treat. We were supposed to want the big storms to miss us, but we were disappointed when they did. The old-timers told us stories … Continue reading
Posted in Business, Finance and Economics, Media, Policy, Politics, Predictions, Taxes
Tagged Congress, debt ceiling, Deficit, Irrationality, Jonah Lehrer, TARP
21 Comments
Raise My Taxes, but First…
Right from the beginning, I’ll be clear how I feel about the debt ceiling negotiations. I’m ready to write a check to help fix America’s financial problems. That’s right, I’ll do it, but… Some of my more zealously Republican readers might … Continue reading
Posted in Finance and Economics, Media, Policy, Politics, Taxes
Tagged debt ceiling, debt deficit, Democrats, obama, paul ryan, Republicans, simpson-bowles, Simpson-Bowles Commission, tax rebate, Taxes, Tea Party
1 Comment

