Quantcast
Home » Topics » senate majority leader (Page 3)

Black Caucus, progressives to oppose debt deal

“The leaders of both parties in both chambers have reached an agreement that will reduce the deficit and avoid default,” President Barack Obama said in a brief statement to the press Sunday night at the White House. Just because Obama has House Speaker John Boehner (R-OH) and Senate Majority Leader…

Lawmakers close to deal to avoid default

WASHINGTON (Reuters) – Lawmakers were close to a last-ditch $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure jittery financial markets that the United States will avoid a potentially catastrophic default. The tantalizing possibility of an agreement raised hopes that a weeks-long partisan brawl over cutting…

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…

Senator John Kerry: I’ve never seen the governing process so broken

Senator John Kerry (D-MA) argued Saturday in favor of Senate Majority Leader Harry Reid’s compromise plan to raise the debt ceiling and lashed out at House Republicans for failing to “do their job.” “The call for compromise by the American people should be listened to and acted on – now,”…

Lawmakers close to deal to avoid default

WASHINGTON (Reuters) – U.S. lawmakers were close to a last-minute $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure financial markets that the United States will avoid a potentially catastrophic default. “We’re very close,” said Senate Minority Leader Mitch McConnell, the top Senate Republican who is…

Obama and Dems huddle in search of debt deal

US President Barack Obama held an urgent White House summit with key Democratic allies Saturday as his Republican foes said fever-pitch efforts to avert a disastrous debt default would soon pay off. “That’s not true,” Democratic Senate Majority Leader Harry Reid said, pouring cold water on the upbeat Republican message…

Top Republicans confident of debt deal with President Obama

WASHINGTON (Reuters) – Top congressional Republicans said on Saturday they were in serious talks with President Barack Obama to break a U.S. debt limit deadlock and were confident the risk of default by the world’s largest economy could be avoided. Offering a flicker of hope after a week of acrimonious…

Boehner version of debt ceiling bill passes in the House

By a vote of 218 to 210, the House of Representatives on Friday passed the version of debt ceiling legislation promoted by Republican Speaker of the House John Boehner. Twenty-two Republican members voted against the bill, along with every Democrat who was present. The GOP no votes included Representatives Amash,…

Reid to advance potentially final debt vote

Democratic US Senate Majority Leader Harry Reid announced he would take steps Friday that could set up a razor’s edge final vote on averting a disastrous debt default on an August 2 deadline. “This is likely our last chance to save this nation from default,” Reid said in remarks to open…

Stocks plummet over debt fight fears

Spurred by plunging stocks and fears of global economic crisis, polarized US lawmakers called a key vote for Thursday and privately hunted for a compromise to avert a default on the country’s debt. Jittery stocks plummeted Thursday amid fears of global economic crisis, as President Barack Obama and his Republican…

Google+