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Rep. McDermott slams GOP for using debt ceiling to push ‘social Darwinism’
At a Ways and Means Committee hearing on Tuesday, Rep. Jim McDermott (D-WA) blasted Republicans for refusing to raising the federal debt ceiling unless Democrats agreed to budget cuts. “I have to tell you, listening to this hearing is like we are living in Alice in Wonderland,” McDermott said. “Here…
Rep. Nadler: ‘Gangster’ Republicans threatening U.S. with another depression
Rep. Jerry Nadler (D-NY) blasted Republicans in Congress on Thursday for using the federal debt ceiling as political leverage to demand spending cuts from Democrats. “[Obama] is betting that the Republican Party is not completely insane,” he said on MSNBC. “I hope that is a good bet. I’m not sure…
Rep. Grayson: Republicans using debt ceiling as ‘legislative terrorism’
Rep. Alan Grayson (D-FL) blasted Republicans on Thursday night for planning to use the federal debt ceiling as leverage in the ongoing battle over government spending. He said Republicans saw the debt ceiling as “a device to extract concessions they would otherwise never be able to accomplish.” “That is why…
Rep. Hoyer: Debt ceiling fight ‘like taking your child hostage’
At a press conference on Thursday, House Democratic Whip Rep. Steny Hoyer (D-MD) compared Republicans to a hostage taker who threatened to shoot his own child. The Democratic congressman was responding to a question about raising the federal debt ceiling, which Republicans plan to use as leverage to demand spending…
House Democrats introduce bill to eliminate the debt ceiling
Representatives Jerrold Nadler (D-NY), Hank Johnson (D-GA) and Jim Moran (D-VA) have introduced legislation to completely eliminate the federal debt ceiling, but the bill has little chance of survival with Republicans in control of the House. “The debt ceiling is truly arbitrary and has nothing to do with the deficit,”…
Poll: 79 percent of Americans dissatisfied with U.S. political system
Poll after poll has found that Americans are extremely disillusioned with the federal government, regardless of their political affiliation, after the president signed an agreement over the federal debt ceiling and budget deficit. According to a Washington Post poll released on Wednesday, just 21 percent of Americans are satisfied with…
Poll: Large majority disapprove of Congress but Americans split on Obama
Americans have a more positive view of President Barack Obama than Members of Congress after the contentious federal debt ceiling debate, according to a CBS News/New York Times poll released Thursday. Although Americans remain divided over Obama’s handling of the debt ceiling debate, he fared much better than Republicans and…
Senate blocks Harry Reid’s federal debt ceiling plan
WASHINGTON (Reuters) – The Senate defeated a Democratic proposal to raise the debt ceiling on Sunday as lawmakers closed in on a deal that would be acceptable to both parties. By a vote of 50 to 49, Senate Majority Leader Harry Reid’s plan fell short of the 60 votes needed…
Congressional Black Caucus to Obama: Use 14th Amendment to solve debt crisis
The Congressional Black Caucus on Saturday urged President Barack Obama to invoke the Fourteenth Amendment to raise the debt ceiling if Congress failed to pass the necessary legislation before August 3. “We believe that you have both the authority and a moral obligation to do so in order to avoid…
WATCH LIVE: President Obama addresses the nation on raising the federal debt ceiling
Watch President Barack Obama’s speech from the White House’s East Room on the ongoing debt talks, courtesy of MSNBC, below: (Scheduled to begin at 9pm EST.) Visit msnbc.com for breaking news, world news, and news about the economy…
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