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Tag: debt ceiling

Morning Splash: Debt Limit Countdown; Ed Lee Now Undecided on Run; Goodwin Liu Nomination; Some Bay Area Post Offices Could Close

July 27, 2011 | 7:49 am

Morning Splash: Debt Limit Countdown; Ed Lee Now Undecided on Run; Goodwin Liu Nomination; Some Bay Area Post Offices Could Close

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Facing obstacles, GOP delays vote on plan for debt (NY Times) House Republican leaders were forced Tuesday night to delay a vote scheduled on their plan to raise the nation’s debt ceiling as conservative lawmakers expressed skepticism and congressional budget officials said the plan did not deliver the promised savings. The pushback on the bill […]

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July 17, 2011 | 9:22 am

Video: Interview With State Treasurer Bill Lockyer on Fallout for California if US Defaults on Its Debt

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As you no doubt have heard by now, there’s a little to-do in Washington over the issue of raising the debt ceiling, the amount of money the U.S. can borrow through the selling of treasury bonds. The limit is set by Congress, and till now has been a rather routine affair, for the most part. […]

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Video Replay: President Obama Press Conference on Debt Ceiling Negotiations

July 15, 2011 | 8:00 am

Video Replay: President Obama Press Conference on Debt Ceiling Negotiations

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CSPAN has archived today’s Obama press conference on the debt ceiling negotiations. Watch the video here. The Treasury Deptartment says that if by August 2nd the debt ceiling isn’t raised, the U.S. could start defaulting on its ample debt, an unprecedented occurrence that many analysts say would result in a global financial cataclysm. From the […]

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