Tag Archives: Federal Debt Ceiling

Fleeing the Pamplona Bulls

With real progress on the debt ceiling issue just not happening, and with time running out all sides appear to be focused on the McConnell plan as the escape hatch that will allow the U.S. Government to avoid default. The … Continue reading

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The McConnell Plan

Senate Republican Leader Mitch McConnell, recognizing that debt limit negotiations are going nowhere, has come up with “Plan B”, presenting a plan that effectively punts on the debt ceiling issue, giving the President de facto authority to raise the debt … Continue reading

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The "Big Budget Deal" Collapses

Later today President Obama will meet with Congressional leaders to take another run at getting Congress to raise the debt ceiling before August 2. While there appears to have been some movement towards what has been described as a “large … Continue reading

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