US Default Archive

DeMint and Erickson to Boehner : HOLD THE LINE

Says it all: Boehner-Reid Debt Plan By Sen. Jim DeMint July 26 — I have troubling news. I’m very careful about criticizing my party’s leaders, but what is happening in Washington right now cannot be ignored. House Speaker John Boehner (R-OH) has abandoned the Cut-Cap-Balance Act and is now pushing a new ...Read More

Debt Ceiling dynamics- no chance of US default

Republican Senator Pat Toomey is now making the point that with debt payment an executive priority, and with tax receipts more than sufficient for interest payments, not raising the debt ceiling will not mean default, instead it will mean other federal spending will get cut, which he pronounced analogous to a partial ...Read More

CNBC features Warren in contrast to Carmen Reinhart

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