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Debt Ceiling

US Representative Eliot Engel (D-NY) (Photo credit: PAUL J. RICHARDS/AFP/Getty Images)

Rep. Eliot Engel Calls On President Obama To Invoke 14th Amendment To Raise Debt Ceiling

US Representative Eliot Engel says compromise over the debt ceiling may not be achievable and says the president should act unilaterally.

2011/07/27

President Barack Obama delivers an address to the nation from the East Room of the White House - Washington, DC - Jul 25, 2011 (credit: JIM WATSON/AFP/Getty Images)

Mayor Bloomberg Among Those Frustrated By Debt Ceiling Stalemate

The standoff on Capitol Hill over deficit reduction and raising the debt ceiling shows no signs of breaking.

2011/07/26

Connecticut Gov. Dan Malloy (file / credit: Governor's Office)

WCBS 880 Interview: Connecticut Gov. Dan Malloy

If a deal is approved, Connecticut could avoid laying off state workers. On the verge of that approval, Gov. Dan Malloy spoke with WCBS 880 about the state’s budget and the debt-ceiling debate in Washington.

2011/07/26

Rep. Peter King (file / credit: Mark Wilson/Getty Images)

Rep. Peter King Speaks Out On Debt Ceiling Talks

Republican Rep. Peter King of Long Island says if President Barack Obama and House Speaker John Boehner don’t come back together to get a deal to raise the debt ceiling, then, in his words the House will reach its own agreement with the Senate.

2011/07/25

(credit: AP Photo/Richard Drew)

Dow Jones Industrial Average Makes Largest One-Day Jump This Year

Strong profits and a bipartisan plan to lift the U.S. debt limit drove a stock market rebound Tuesday.

2011/07/19

House Speaker John Boehner and President Barack Obama in the Cabinet Room at the White House - Washington, DC - Jul 11, 2011 (credit: Alex Wong/Getty Images)

Bloomberg Adds Voice To Debt Ceiling Debate As Republicans Offer Obama Deal

Bloomberg said talk about deficit reduction and the debt ceiling need to be separated. He says that would increase the likelihood of a deal and reduce the odds of financial damage to the economy.

2011/07/12

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