We might have avoided a government shutdown (for now) but barring any last minute actions by Congress, we’re still on track to default on our
Read MoreTag: debt ceiling
Treasury Secretary Lew Warns Again On Debt Ceiling: What You Need To Know
I am writing to provide an update regarding the Treasury Department’s ability to continue to finance the government, the extraordinary measures we have undertaken to
Read MoreDebt Ceiling Fix Eases Fears On Tax Refund Delays
Rest easy, folks: your tax refunds are safe. Despite dire warnings that tax refund delays could happen if Congress didn’t address the debt ceiling crisis
Read MoreHouse Agrees On A Timeline For Debt Ceilings Talks. Again.
I was wrong. Remember when I said that the House was going to push off the debt ceiling for three months? Turns out they didn’t
Read MoreHouse Will Vote To Push Off Debt Ceiling Talks. Again.
House Republican leaders announced over the weekend that they will vote this week on a plan to extend the debt ceiling for three more months
Read MoreWith The Debt Ceiling Limit Looming, Is Your Tax Refund At Risk?
Every one of us has had that moment when we’ve had to shuffle the cards a bit to make sure all of the bills get
Read MoreCongress Gets A Raise, Hasn’t Yet Fixed The Budget
If you’ve been worried about what will happen to those poor folks in Congress once the tax increases hit, worry no more: they’re getting a
Read MoreObama, Boehner, Reid Blame Each Other For Lack Of A Budget
President Barack Obama, Vice President Joe Biden, Speaker of the House John Boehner (R-OH), House Minority Leader Nancy Pelosi (D-CA), Senate Majority Leader Harry Reid
Read MoreTreasury Warns U.S. Will Hit Debt Limit In 5 Days
Well, somebody was working today. Treasury Secretary Timothy Geithner sent a letter to Senate Majority Leader Reid (D-NV) advising that the U.S. will hit its
Read MoreCongress Whips Out Fat Pants As Sequestration Looms
The end of the world is coming. You’ve heard, haven’t you? On January 2, 2013, two fiscal storms – tax increases and sequestration – will
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