Constitutional Crisis over Debt Ceiling
July 29, 2011. Washington. With the Republican Party fighting an internal civil war and unable to come together with one coherent message or position on the debt ceiling crisis, it looks as though the United States is headed for a different kind of crisis – a Constitutional crisis. With time just about out on avoiding a financial default by the US Federal government, experts and critics alike are quietly suggesting what might happen if a compromise on the nation’s borrowing authority isn’t…
ContinueAdded by Whiteout Press on July 29, 2011 at 8:23am — No Comments
Victory for Tea Party in Debt Ceiling Fight
July 25, 2011. Washington. After emergency meetings by both Republican and Democratic Congressional leaders this weekend, it looks like the nation is on its way to a settlement in the debt crisis negotiations. While most political experts predicted a final compromise, it appears like it’s going to be a one-sided victory for the Tea Party led House Republicans. Media outlets all over Washington are reporting on the two final plans drawn up by each side, and neither one raises taxes on the…
ContinueAdded by Whiteout Press on July 25, 2011 at 9:59am — No Comments
Rep Cantor, New Sheriff on Debt Ceiling
July 12, 2011. Washington. It’s all over the media. Even Time Magazine published a special feature touting the news. House Speaker John Boehner (R-OH), third in line for the Presidency, is no longer the most powerful opposition leader inside the GOP. After walking out of Vice President Biden’s debt ceiling talks last week and taking complete control of the new round of talks with President Obama yesterday, Rep. Eric Cantor (R-VA) appears to be the new Sheriff in town.
While leaders in…
ContinueAdded by Whiteout Press on July 12, 2011 at 9:28am — No Comments
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