Here is the latest Let’s hope this craziest is over!! Read More
Roland Martin talks with Al Jazeera America’s Ali Velshi about the government shutdown and the debt ceiling.
Mellody Hobson explains the debt ceiling in today’s “Money Mondays” segment. Let’s start at the beginning. A common misperception is that the debt ceiling is…
House Speaker John Boehner (R-Ohio) blames President Barack Obama for the continued government shutdown as well as the looming default because he simply won’t negotiate,”…
Via Newsone.com: While the full details of the recent debt ceiling deal signed by President Obama have yet to be released to the public, many pundits and political experts are claiming that the hardest hit groups will be the poor and minorities. Since the deal was signed, President Obama has been criticized by the Congressional […]
“What I really want right now is to, to get a debt-ceiling deal for my birthday,” Obama told NPR recently. He got an early birthday present on Sunday, when leaders of both parties in both houses of Congress hammered out a deal to avoid default. Read More:
According to CNN.com, the agreement reached Sunday by President Barack Obama and congressional leaders from both parties calls for up to $2.4 trillion in savings over the next decade, raises the debt ceiling through the end of 2012 and establishes a special congressional committee to recommend long-term fiscal reforms. Read More:
CNN.com has the full story on the proposal approved by the House in a sharply polarized 218-210 vote. Boehner, R-Ohio, managed to sway several members by including a provision requiring congressional passage of a balanced budget amendment to the Constitution before the debt ceiling can be extended through the end of 2012. Read More:
CNN.com reports that competing Democratic and Republican plans to reduce federal deficits and raise the debt ceiling were subjected to a fresh round of criticism Wednesday, as signs of disarray emerged in a House Republican caucus split between unhappy conservatives and a leadership struggling to maintain party unity. Read More:
President Barack Obama called on the American public to pressure elected officials to work out a compromise to raise the federal debt ceiling and avoid a potentially devastating default. Read More:
Debt is a word I’m sure most Americans are well aware of. Whether it’s personal debt or the country’s national debt, it’s something that can’t be avoided. America’s debt is rising so fast that we are currently looking at our debt ceiling cracking. While there is no actual ceiling, these cracks are very real and a […]
Black Republicans are a rare breed — a select group of individuals who have pledged their votes to conservative politics despite Black America’s overwhelming allegiance to liberals. Blacks and white liberals alike have challenged the seemingly hypocritical nature of what it means to be a Black Republican, posing the question: “Are Black Republicans the biggest […]
