Seniors: I need my Social Security!
New York (CNNMoney) - Don't you dare withhold our Social Security payments!
That's the message senior citizens and the disabled are sending to President Obama and Republican lawmakers. They are making it very clear that they don't want to suffer the fallout of the debt ceiling squabbles in Washington, D.C.
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GOP lays out consequences of missing debt deadline
Washington (CNN) - With Congress and the White House still at odds on raising America’s debt ceiling, Republicans used their weekly address to illustrate the dire risks of missing next week’s deadline for reaching a deal.
“The consequences of missing this deadline could be severe, precisely because Washington borrows so much money – more than 40 cents out of every dollar it spends,” Republican Sen. Jon Kyl of Arizona said.
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Debt Deadlock: The Road Ahead
Washington (CNN) –- Senate Minority Leader Mitch McConnell says the White House must be present if there are negotiations toward a deal to raise the nation’s debt ceiling, according to Democratic and Republican sources familiar with the situation.
If those talks get going, Democratic officials maintain things could move quickly because a lot of the details were hashed out over nearly two months of deficit talks between Vice President Joe Biden and congressional leaders, as well as during negotiations on a grand bargain between President Obama and the congressional leadership.
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Obama pressures Congress for debt deal
Washington (CNN) - President Barack Obama struck an urgent tone in his weekly address Saturday, telling members of Congress that he needs a debt ceiling deal on his desk before next week's deadline.
"Congress must find common ground on a plan that can get support from both parties in the House," Obama said. "And it’s got to be a plan that I can sign by Tuesday."
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