President Obama and leaders of the Senate say they’ve cut a deal to head off a historic American default. “Leaders from both parties have come together for the sake of our economy to reach a historic, bipartisan compromise that ends this dangerous standoff,” said Senate Majority Leader Harry Reid (D-Nev.) on the Senate floor Sunday […]
Debt is a word I’m sure most Americans are well aware of. Whether it’s personal debt or the country’s national debt, it’s something that can’t be avoided. America’s debt is rising so fast that we are currently looking at our debt ceiling cracking. While there is no actual ceiling, these cracks are very real and a […]
The only Democratic president ever re-elected had advice for the current president on his debt ceiling talks: “Don’t Blink.” Former president Clinton urged President Obama to not allow the Republicans to get the upper hand in debt negotiation talks. “This is the political equivalent of the government shutdown when I was president,” Clinton offered, leaning […]
