Debt Ceiling

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Sequester Watch: The Philly-Area Counties With Most Federal Workers

If and when the federal government’s automatic spending cuts kick in at 11:59 tonight, a healthy chunk of federal workers will be furloughed, or will […]

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So, Bob Woodward’s Source Used to Threaten Journalists at the Daily Pennsylvanian Too

Bob Woodward foe Gene Sperling–the most feared economic adviser in the White House–has threatened journalists before. (You’ll recall he told Woodward “I think you will […]

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Bob Woodward Now Behaving Like an Aging “Mike Schmidt”

For decades, he’s been a benign paragon of neutral, tick-tocking, investigative reporting. But now, Bob Woodward has now become the most polarizing figure in Washington. […]

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The Roots Help NBC’s Brian Williams Slow-Jam the Debt Ceiling

Apparently when Jimmy Fallon wants somebody to spice up an incredibly tired, tendentious story about fiscal crises in Washington, he turns to Brian Williams. It’s […]

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GOP to Delay Cataclysmic Economic Crisis Until May

Rather than have another crippling debt ceiling fight (remember when the United States’s credit got downgraded in 2011 because certain members of Congress threatened not […]

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Paul Krugman Knows What $15 Trillion Is

We’re less than two weeks into 2012 and already we’ve hit a new low. And I’m not just talking about Snoop Dogg’s recent appearance on […]

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U.S. Credit Will Be Downgraded Again—Deservedly

On any given day, tens of millions flock to the beach for the sun, sand and surf. Yet because there have been 50 cases over […]

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Debt Ceiling? Who Cares? Ballgame’s Over

Water is wet. The sky is blue. The United States is insolvent. These are all true and indisputable statements, and none will change anytime soon. […]

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Feel-Good Budget Deals Are A Joke

It is a sad truth that America has been transformed from a tough-as-nails powerhouse into a nation that prefers to bury its head in the […]