October 8th, 2013
12:40 PM ET
11 months ago

By the numbers: Shutdown and debt ceiling

Washington (CNN) - With a lot of facts and figures thrown around the government shutdown and the looming debt ceiling deadline, here are the ones you need to know.

1 - Week of shutdown: Midnight marked one week since partisan impasse caused a partial government shutdown. House Speaker John Boehner and President Barack Obama aren't speaking to each other - Obama called Boehner on Tuesday but a Boehner spokesman characterized it as more of the same.

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Filed under: Debt • Government Shutdown
October 8th, 2013
08:48 AM ET
11 months ago

Senate to consider clean debt bill, aide says

Washington (CNN) - The Senate's Democratic leadership is expected to offer a debt ceiling bill that would not include any of the policy changes or spending cuts demanded by Republicans, a Senate Democratic leadership aide told CNN.

Senate Majority Leader Harry Reid could file the bill as early as Tuesday, according to the aide.

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Filed under: Debt • Government Shutdown • national debt • Senate • Senate Democrats
October 8th, 2013
08:18 AM ET
11 months ago

Gingrich to Obama: you have to negotiate

(CNN) - Former Republican Speaker of the House Newt Gingrich once again called out President Barack Obama Tuesday for refusing to negotiate with congressional Republicans over raising the debt limit.

"The president ought to be getting off his high horse, sitting in a room, bringing in the congressional leadership and acting like he's part of the constitution, he's not above it," Gringrich told CNN's Chris Cuomo on "New Day."
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Filed under: Debt • Newt Gingrich • President Obama
October 7th, 2013
04:41 PM ET
11 months ago

Debt ceiling debate: Preaching to the choir

Washington (CNN) - Next up: the debt ceiling.

The White House continues to issue dire warnings about the economic consequences should Congress fail to raise the debt ceiling this month. President Barack Obama told Wall Street to be "concerned" and Treasury Secretary Jack Lew said Congress is "playing with fire."

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Filed under: Debt • national debt • White House
October 7th, 2013
01:16 PM ET
11 months ago

White House signals possible opening on debt ceiling

Washington (CNN) - Is it a glimmer of hope, or more rhetoric as the deadline for possible government default gets closer?

After weeks of near silence without any hint of a potential compromise between the Obama administration and congressional Republicans over raising the nation's debt ceiling, the White House may be offering some conciliatory language that could lead to a deal to prevent a potential default on October 17.

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Filed under: Debt • Government Shutdown • national debt • White House
White House punts back to Congress over debt ceiling
October 7th, 2013
12:37 PM ET
11 months ago

White House punts back to Congress over debt ceiling

Updated 10/7/2013 at 1:08pm

Washington (CNN) - After weeks of near silence without any hint of a potential compromise between the Obama administration and Congressional Republicans over the thorny issue of raising the nation's debt ceiling, the White House may be offering some conciliatory language that could lead to a deal to prevent a potential default on Oct. 17.

As of last Friday, White House officials declined to specify any demand as to the length of a debt ceiling increase.
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Filed under: Debt • national debt • White House
Treasury: Even talking about default hurts economy
October 3rd, 2013
10:50 AM ET
11 months ago

Treasury: Even talking about default hurts economy

New York (CNNMoney) - The United States has never willfully defaulted on any of its legal obligations. So the consequences of doing so are unknowable.

But the general consensus is that it could be catastrophic. Or, in the best-case scenario, seriously damaging to the economy.

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Filed under: Debt • Government Shutdown • national debt • Treasury
October 2nd, 2013
08:43 AM ET
11 months ago

GOP congressman: Let's tackle shutdown, debt ceiling at same time

(CNN) - Congress could kill two birds with one stone by ending the government shutdown and raising the debt ceiling all at once, a Republican congressman from New York said Wednesday.

"There is a strong possibility, if [Senate Democrats] were willing to sit down and listen to us, that we would put a package together and solve the problems at once: stop the government shutdown and deal with the debt ceiling," Rep. Michael Grimm said on CNN's "New Day."
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Filed under: Congress • Debt • Government Shutdown • Michael Grimm
CNN Poll: Majority says raise debt ceiling
October 2nd, 2013
07:24 AM ET
11 months ago

CNN Poll: Majority says raise debt ceiling

(CNN) – Surveys indicate that most Americans didn't think shutting down the government in an attempt to dismantle the new health care law was a good idea.

They apparently feel the same way about blocking an increase in the nation's debt ceiling to stop Obamacare, according to a new national poll released on Wednesday.

FULL STORY

Filed under: Debt • Polls
House GOP has no plan to avoid shutdown
September 27th, 2013
03:13 PM ET
11 months ago

House GOP has no plan to avoid shutdown

Washington (CNN) – After the Senate passed a short-term bill to keep federal agencies funded through mid-November, it sent the measure to the House of Representatives, just three days before a possible government shutdown.

But the House was done for the day. And House Speaker John Boehner and his leadership team appear to have no plan to avoid the shutdown.
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Filed under: Congress • Debt
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