Debt Limit Deadline Is Late February

By: Thursday January 23, 2014 1:56 pm

It will be interesting to see if Republicans have finally learned their lesson and will just quietly raise the debt limit or if they again try to play games for weeks by making demands that will eventually go unmet.


Jack Lew: Avoiding Default Is Your Responsibility Too

By: Thursday August 29, 2013 7:00 pm

As we approach the time when the debt limit, and the lack of agreement between the two parties in Congress, will force the Government to miss payments, Congress does have an obligation to raise the debt limit or remove it entirely. But, Treasury Secretary Lew and the President need to acknowledge that there are things they can do too to avoid a default on the public debt, apart from either reminding Congresspeople of their responsibility, or giving into Republican demands.

Obama Still Slowly Trying to Fix Debt Limit Monster He Created

By: Tuesday August 27, 2013 12:10 pm

The Obama administration will not negotiate over the debt limit again according to Treasury Secretary Jacob Lew. From CNBC:

Lew: Debt Limit Could be Reached By Mid-October

By: Tuesday August 27, 2013 10:20 am

The next debt limit fight could be coming sooner than expected. Treasury Secretary Jacob Lew wrote to Congressional leadership informing them the Federal government will likely reach its statutory debt limit by the middle of October, but it is difficult t to precisely calculate when that will happen. From Lew’s letter:

James Galbraith: What Obama Could Do Now

By: Friday October 15, 2010 12:40 pm

Jamie Galbraith responds to the question: What can Obama do now, without the need of 60 votes in the Senate, to address our current problems?

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