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Categories
Tag Archives: debt ceiling
Morning Call Refuses to Acknowledge Toomey Flub
During the debt ceiling hostage crisis, Morning Call reporter Colby Itkowitz wrote prolifically about Pat Toomey’s success in persuading his Republican colleagues that missing the August 4 deadline wouldn’t matter. Indeed, Toomey was highly influential with House conservatives, and ended … More after the jump
Pittsburgh Cancels Bond Refinance Over Debt Ceiling
Wondering how the debt ceiling debate affects you? Consider the situation in Pittsburgh, where the city’s finance director just cancelled the refinance of $97 million in bonds, which would have saved the city $3 million at a time of financial … More after the jump
VIDEO: Toomey Revives His Crazy-ass Debt Plan
Crazy fiscal hawk Senator Pat Toomey is trying to insert himself into the debt ceiling negotiations by bringing back his crazyass plan to *purposely* hit the debt ceiling, then just stop paying current bills so we can pay off debt. … More after the jump
Yes, Failure to Pay Social Security and Medicare is a Default
Matt Best at PA Water Cooler asks: Can anyone answer me this question – If we don’t raise the debt ceiling, will that mean we default on our debt? Or will it mean that we simply cannot borrow more money? … More after the jump
Politics Isn’t About Policy
Jake Sherman and John Bresnahan of Politico report that the House GOP leadership is privately explaining to freshman Republicans that Pat Toomey’s debt ceiling plan doesn’t make any sense: The presentation McCarthy and other top Republicans are giving to lawmakers … More after the jump
