The Economy

Can You Guess Which President Raised the Debt Ceiling the Most? – VIDEO

Can You Guess Which President Raised the Debt Ceiling the Most? – VIDEO

Republican presidents have raised the debt ceiling 49 times, while Democratic presidents have raised it only 30 times. Can you guess which president raised the debt ceiling the most? Bloomberg’s Hans Nichols breaks down the numbers that make up the debt ceiling and looks at how many times it has been raised through the years.

‘Dictatorship’ and ‘debacle’: Reid Attacks Boehner

‘Dictatorship’ and ‘debacle’: Reid Attacks Boehner

Frustrated by the impending fiscal cliff and the continuing silence of the GOP leadership, Senate Majority Leader Harry Reid (D-NV) indicated today that he did not think there was enough time to avoid automatic spending cuts and tax increases unless House Republicans approved a Senate bill that would preserve existing tax rates on income under $250,000. […]