Senate Majority Leader Harry Reid said today that the Senate will vote sometime this week on the House-passed bill to suspend the debt ceiling, allowing the Treasury to borrow whatever it needs to fund the government through May...

Byron York at the Washington Examiner was way ahead on the House Republicans’ new plan to make the debt ceiling contingent on a Senate budget resolution.  As York reported Monday, the idea of tying the debt ceiling...

A house aide on the GOP side (rank and file) explains three things that could happen now that the GOP has offered a 3-month hike on the debt ceiling. Some of the scenarios are not pretty: 1....

WASHINGTON (AP) — Most Americans think jarring economic problems will erupt if lawmakers fail to increase the government’s borrowing limit. Yet they’re torn over how or even whether to raise it, leaning toward Republican demands that any...

Hopefully, this is a good sign. Two influential conservative columnists are giving the GOP some good advice on the debt ceiling. And that advice is this: Give it up, stop risking disaster, stop trying to change the...

Sean West is the Eurasia Group analyst who nailed the Fiscal Cliff, predicting early on that they would have a deal, while others were skeptical. But he has always worried that the Debt Ceiling would be much...

Alan Simpson was on CNBC yesterday, talking about the debt ceiling. Calculated Risk has his comments. He nails it: Maria Bartiromo: “Do you believe the GOP should be using the debt ceiling as leverage point to get...

Everyone talking about the debt ceiling and the idea that the Treasury could engage in “prioritization” (honoring some obligations, while not honoring others, so as to maintain a balanced budget and not breach the debt ceiling), needs...

Earlier today, President Barack Obama spoke about the urgency of raising the debt ceiling at a his final first-term White House press conference. Midway through, Major Garrett of CBS reminded the President of harsh objections to his...

President Barack Obama is giving the final press conference of his first term in office at 11:30 a.m. ET, the White House said this morning. Obama’s news conference will likely focus heavily on two topics: the debt...