71°
Baton Rouge, Louisiana
7 Day Forecast
Follow our weather team on social media

Content Tagged As ceiling

Tagged News

  • Obama signs bill averting government default

    February 5, 2013 7:30 AM

    WASHINGTON - President Barack Obama has signed into law a bill raising the government's borrowing limit, averting a default and delaying the next clash over the nation's debt until later this year. The legislation temporarily suspends the $16.4 trillion limit on federal borrowing. Experts say that will allow the government... more »
  • House passes bill to defuse debt crisis

    January 23, 2013 12:29 PM

    WASHINGTON (AP) - The House has passed a bill to permit the government to borrow enough money to avoid a first avoid default for at least four months, defusing a crisis looming next month and setting the stage for a springtime debate over taxes, spending and the deficit. The House... more »
  • GOP moves to delay debt-ceiling showdown 3 months

    January 22, 2013 4:08 PM

    WASHINGTON - Republicans controlling the House are moving quickly to try to defuse a potential debt crisis. They're offering legislation to prevent a first-ever default on U.S. obligations for three months or more. The Republicans are giving up for now on trying to extract spending cuts from Democrats in return... more »
  • GOP official: House to vote on delaying debt limit

    January 18, 2013 12:04 PM

    WASHINGTON - A Republican official says the GOP-controlled House will vote next week to permit the government to borrow more money to meets its obligations. Full details aren't settled yet, but the move is aimed at giving the government about three more months of borrowing authority beyond a deadline expected... more »
  • US taps pension fund to avoid passing debt limit

    January 15, 2013 5:46 PM

    WASHINGTON - Treasury Secretary Timothy Geithner says the government has begun borrowing from the federal employee pension fund to keep operating without surpassing its debt limit. Geithner says in a letter to congressional leaders that the move will free up $156 billion in borrowing authority while Congress debates increasing the... more »
  • Geithner: Gov't could pass debt limit by mid-Feb.

    January 14, 2013 4:08 PM

    WASHINGTON - Treasury Secretary Timothy Geithner is telling congressional leaders that the U.S. government will exhaust its borrowing limit as soon as mid-February, earlier than expected. The government reached its $16.4 trillion borrowing limit on Dec. 31, but began using bookkeeping maneuvers to keep from surpassing it. In a letter... more »
  • Boehner: GOP will pass 'responsible' debt bill

    January 14, 2013 1:05 PM

    WASHINGTON - Speaker John Boehner says the GOP-controlled House will "do its job" and pass legislation to lift the nation's borrowing cap and keep the government running, but will insist that Democrats accept new spending controls. Boehner acknowledged Monday that failing to lift the so-called debt ceiling would have bad... more »
  • Obama: Debt limit increase can't be tied to spending cuts

    January 14, 2013 12:50 PM

    WASHINGTON - President Barack Obama is demanding that Congress quickly raise the nation's $16.4 trillion debt limit, telling reporters, "we are not a deadbeat nation." At a White House news conference less than a week before he takes the oath of office for a second term, Obama warned that if... more »

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
Radar
7 Days