Tags

"debt limit"

B.A. Spending Daily

News Roundup | May 20, 2013

On Friday, the Congressional Budget Office released its score of President Obama’s budget. According to the CBO, the budget raises $6 in tax for every $1 in spending cuts.

Why Are We Raising the Debt Ceiling?

May 20, 2013

A drink limit at a party prevents dangerous driving, and a debt limit prevents an unhealthy economy. So why then in the last 10 years have we raised the debt ceiling 13 times and added on more than $10 trillion in debt?

Fiscal Cliff Deal, Five Things to Know

January 2, 2013

After months of negotiations and debt, the Senate passed a deal on the fiscal cliff early Tuesday morning. Here are the top five things you need to know about the plan.

Cliff Notes: Where the Sidewalk Ends

December 27, 2012

Days away from the fiscal cliff, Treasury Secretary Timothy Geithner dropped the bombshell that we’re also scheduled to hit the $16.4 trillion debt limit on December 31.

Fiscal Cliff, Plan B

December 18, 2012

During a meeting Monday afternoon, President Obama and Speaker Boehner discussed the president’s newest counteroffer.