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Tag: debt ceiling

Deadline, Schmeadline: Congress May Eliminate Automatic Spending Cuts

Kelly Phillips ErbNovember 28, 2011

It was originally touted as the worst thing that could possibly happen. Okay, the second worst. Yet, the failure to meet the self-imposed Congressional deadline

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Clock Ticks As Super Committee Ready To Admit Failure

Kelly Phillips ErbNovember 20, 2011May 21, 2020

Nobody likes Monday. This week, the “super committee” really doesn’t like Monday. With three days left to come up with $1.2 trillion in budget cuts,

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CBO Releases Updated Budget Outlook, Suggests Picture Improving

Kelly Phillips ErbAugust 24, 2011

Kids, put on some good clothes and get in the car! We’re going out to celebrate! As it turns out, the country is only $1.28

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Super Committee: Obama’s Opening Bid On Taxes

Kelly Phillips ErbAugust 10, 2011May 19, 2020

(Quick note from Taxgirl: Guest post by Brash Tax in response to the debt ceiling crisis and the Congressional fix. The post was submitted prior

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Call For Guest Posts About Taxes & The Economy

Kelly Phillips ErbAugust 7, 2011

As I have done for the past few years, I’ll be turning over the reins at taxgirl to my readers for the last week in

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Breaking Down the Debt Ceiling Fix In 10 Easy Pieces

Kelly Phillips ErbAugust 2, 2011

So after all of the drama, it’s over. For now. President Obama has signed into law legislation that will raise the debt ceiling, averting what

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Debt Ceiling, Spending Cuts To Rise But No Word On Higher Taxes

Kelly Phillips ErbAugust 1, 2011

If you stayed up to watch the marathon Braves/Pirates game, the one that lasted 19 innings, you kind of know how most people feel about

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Debt Ceiling? What Debt Ceiling?

Kelly Phillips ErbJuly 11, 2011

I’ve received a lot of emails lately asking me to explain what the debt ceiling is and what it really means. It seems that it’s

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