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Tag Archives: debt ceiling
Audio: Frank Rich on the Debt Deal "Disaster"
Nine Bay Area Democrats voted for the final debt-ceiling legislation that President Obama and Republicans painfully hammered out, and five voted yes, including Minority Leader Nancy Pelosi. The yeses were reluctant yeses, the nos were hell-nos. For instance… From Barbara … Continue reading
Morning Splash: Debt Deal Becomes Law; SF Cab Fares Rising; SJ Tables Tax Measure; Oakland's National Night Out
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Debt ceiling bill becomes law, averting default (NY Times) The Senate voted Tuesday to raise the government's debt ceiling and cut trillions of dollars from its spending, concluding a long and fractious partisan battle just hours before the government's borrowing … Continue reading
Obama Signs Legislation Raising Debt Ceiling
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WASHINGTON (AP) — The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline. The vote was 74-26. Obama signed the bill little … Continue reading
House Passes Debt Deal; Senate to Vote Next
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From AP: The House has passed legislation designed to keep the government from defaulting on its debts. The measure also sets a course for reducing the federal deficit in the future. The Senate, where support is stronger, is expected to … Continue reading
Morning Splash: Debt Deal Reached, Faces Vote One Day Before Deadline
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Obama and Leaders Reach Debt Deal (NY Times) President Obama and Congressional leaders of both parties said late Sunday that they had agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over … Continue reading
Boehner Rewrites His Bill, Conservatives Climb on Board; Live Debt Limit Coverage
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Live coverage: U.S. House (C-SPAN) U.S. Senate (C-SPAN) NPR reports You can hear Democratic Minority Leader Nancy Pelosi's take on things in this video of her press conference yesterday: "The Republicans all along have used deficit reduction as an excuse … Continue reading
Morning Splash: House GOP Fails to Pass Debt Plan; Final Redistricting Maps; SFPD Says Harding Gun Found; Ed Lee; Amazon Tax Dispute
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House Again Seeks Votes, After Failing to Pass Debt Plan (NY Times) House Republican leaders, who had abruptly put off a vote on their proposal to raise the debt ceiling and cut government spending, called their rank and file back … Continue reading
Debt Debate Update
The House is expected to vote on the GOP debt-ceiling plan today, a plan that Senate Majority Leader Harry Reid says will be dead on arrival in that body. Watch debt debate and House votes on C-SPAN The S&P 500 … Continue reading
The Debt Ceiling: What's Different This Time and Why?
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You may be too busy stocking up on bottled water and ammunition right now to watch cable news, but CNN's current graphic is: "Countdown to U.S. Default." (Actually, they just changed it to "Amy Winehouse Albums Sales Surge." But you … Continue reading
