Debt Ceiling

What went wrong for Republicans in their recent showdown with the president and Democrats over the debt ceiling and funding the government? “We picked the wrong time to go to battle. I think that is the overall sentiment from a lot of GOPers,” said Noelle Nikpour, a GOP strategist, to Roland Martin. She added, regarding Tea […]

House Speaker John Boehner (R-Ohio) blames President Barack Obama for the continued government shutdown as well as the looming default because he simply won’t negotiate,” reports The Hill.com. RELATED:  Obama Says He Expects Congress To Pass Debt Cap Boehner Tells Obama, Democrats ‘This Isn’t Some Damn Game’ In Healthcare Debate In fact, Boehner, who, along […]

Roland Martin appears in The Situation Room with Rich Galen and host Wolf Blitzer to debate if Congress and President Obama should cancel their breaks. There is a mounting backlash against Washington over the debt crisis and lawmakers going on vacation with the nation in crisis.

WASHINGTON — President Barack Obama plans to deliver a statement about the economy as the nation grapples with the first downgrade of U.S. debt in the country’s history. Obama will speak at 1 p.m. EDT from the White House. VIDEO: JOIN THE LIVE CHAT VISIT WHITEHOUSE.GOV Standard and Poor’s on Friday said it was downgrading […]

WASHINGTON  — Republicans and Democrats quickly doled out blame to each other for the first-ever downgrade in the nation’s sterling credit rating, an expected but unsettling move that further clouds prospects for the recovery of the fragile U.S. economy. The back and forth came after Standard & Poor’s, one of the world’s three major credit […]

The New York Times cover story on Thursday highlighted the growing spending power of the super rich. While average American families struggle to make ends meet, the wealthy are flooding high-end stores to the point where Nordstrom has a waiting list for a Chanel sequined tweed coat for $9,010. But instead of emulating the frivolous […]

While the full details of the recent debt ceiling deal signed by President Obama have yet to be released to the public, many pundits and political experts are claiming that the hardest hit groups will be the poor and minorities. Since the deal was signed, President Obama has been criticized by the Congressional Black Caucus […]

Roland Martin talks with White House Communications Director Dan Pfeiffer about the agreement reached to raise the debt ceiling and why progressives should be happy with the debt deal. Pfeiffer also answers questions about potential budget cuts as well as how the poor, disenfranchised and those who need the most help in this economy will […]

Rev. Jesse Jackson called into question President Obama’s toughness this weekend in regards to his handling of the debt ceiling talks. Obama, who has been criticized by many for compromising with the stalwart Republicans, struck a deal that helped the country avert a financial crisis. Jackson, who spoke to Politico.com, said that the president is […]

WASHINGTON — The Senate has approved an emergency bill to avert a first-ever government default with just hours to spare. The strong bipartisan vote was 74-26. The measure now heads to President Barack Obama for his signature. The legislation makes a down payment on taming out-of-control budget deficits. THIS IS A BREAKING NEWS UPDATE. Check […]

WASHINGTON — With just hours left before the national debt bumps against its ceiling, emergency bipartisan legislation to allow the government to borrow more faces one final test in the Senate. Expected passage there sends the bill to President Barack Obama, averting a potentially disastrous, first-ever government default and making a down payment toward taming […]

Congressman James Clyburn joins Roland Martin on the Tom Joyner Morning Show to discuss the debt deal. Congressman Clyburn expressed that the deal reached on July 31st is a bad deal and it could have been a lot worse. TJMS: Congressman James Clyburn Says Debt Deal Is A Bad Deal, But Could Have Been Worse […]