Kentucky senator Rand Pau; got into a heated debate this past weekend over the raising of the debt ceiling with CNN anchor Don Lemon. The argument began when Lemon asked Paul to not conduct the interview with any “talking points.” The Huffington Post reports: As the House and Senate again failed to reach an agreement […]
If you think you can breathe easy, knowing that a deal agreement has been made between Congressional Democrats and Republicans, think again. Although a deal has been made Congressman James Clyburn doesn’t believe he can gather enough votes from his caucus. To hear his reaction to the deal, listen to the interview below.
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 […]
Just when you thought it was safe to be an American citizen, the politics of Washington threatens to give everyone a bad credit rating/high interest rates ( Shouldn’t Americans have the right to mess-up our own credit rating?). On this episode of “After Thoughts”, Dennis Kucinich delivers his plan for debt reduction and, for those wondering why President […]
In early 2001, America’s economic future was rosy: Our government was sitting on a massive budget surplus, and the Congressional Budget Office predicted that the next 10 years would carry our nation down the path of seemingly endless prosperity. This was a good time for President George W. Bush to push through a set of […]
Still not sure what all of this debt ceiling talk is about? No worries, we got you covered. Melody Hobson came on the TJMS this morning to answer listeners questions about the debt ceiling and what it means for all of us.
TJMS correspondent, Roland Martin, invited senior white house advisor, Valerie Jarrett, to come on the show to talk about the debt ceiling negotiations. If you missed the interview this morning, we have the audio for you below. <
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 […]
WASHINGTON — The Obama administration is negotiating with lawmakers to avoid exacerbating another financial crisis, by compromising with Republicans to have major spending cuts in exchange for raising the government’s borrowing limit. The United States government is set to default on its loans on Aug. 2, due to hitting its debt limit of $14.29 trillion […]
Roland Martin, of the Tom Joyner Morning Show, talked to Washington Post’s economic correspondent, Michael Fletcher, about the debt ceiling and what it means for “main street”. In case you missed the interview, we have the audio available.
