Treasury: credit warning a sign of urgency in debt debate
WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday the threat of a credit rating downgrade is a reminder for U.S. lawmakers that the United States is dangerously close to defaulting on its obligations.
House Democratic leader Pelosi says still optimistic debt default can be averted
WASHINGTON (Reuters) – Nancy Pelosi, head of the Democratic minority in the House of Representatives, said on Tuesday she still believes a U.S. debt default can be averted.
Republicans to try to pass fiscal plan late Tuesday: lawmaker
WASHINGTON (Reuters) – Republicans in the House of Representatives will try to pass a revised fiscal plan late on Tuesday to lift the federal debt limit and reopen shuttered government agencies, Representative Devin Nunes said.
U.S. House to try advancing short term debt limit, funding plan: Nunes
WASHINGTON (Reuters) – Republican lawmakers in the U.S. House of Representatives will try to advance a new fiscal compromise bill that would extend the federal debt limit until February 7 with a “hard cut-off,” and provide government funding through De…
Boehner says House still considering plans on debt limit, funding
WASHINGTON (Reuters) – House Speaker John Boehner said on Tuesday that no decisions had been made yet regarding House of Representatives legislation to reopen the government and raise the debt limit.
House debt limit, funding plan would not pass Senate: Reid
WASHINGTON (Reuters) – Senate Majority Leader Harry Reid said on Tuesday that an alternative debt limit and government funding plan promoted by conservative Republicans in the House of Representatives could not win approval in the Democratic-controlled…
Obama backs Health Secretary Sebelius despite ‘Obamacare’ woes
WASHINGTON (Reuters) – President Barack Obama has “full confidence” in Health and Human Services Secretary Kathleen Sebelius despite the troubled launch of the U.S. government website for signing up for his signature healthcare insurance program, the W…
U.S. Senate fiscal talks stalled for Boehner plan in House: Durbin
WASHINGTON (Reuters) – U.S. Senate negotiations to lift the U.S. debt limit and reopen the federal government were suspended on Tuesday until House Speaker John Boehner can work out a fiscal plan that can proceed in the House of Representatives, Senato…
Michigan governor taps insurance, financial services head for state treasurer
(Reuters) – Michigan Governor Rick Snyder reached inside his administration for a new state treasurer, announcing on Tuesday the appointment of Kevin Clinton, who has headed the state’s insurance and financial services department since it was created l…
Booker likely to win New Jersey Senate seat, but turnout is key
NEW YORK (Reuters) – Cory Booker, New Jersey’s celebrity mayor once hailed as a transformative leader in the tradition of Barack Obama, is widely expected to win Wednesday’s special election to fill a U.S. Senate seat – but maybe not in the landslide s…