Tag: Debt Ceiling

Alaska Hit Hard by Debt Ceiling Agreement

The details of the debt ceiling legislation signed into law on Tuesday are still emerging but one thing is clear: Alaska is going to feel the effects.

Alaska News Nightly: August 4, 2011

Seward Highway Crash Leaves 1 Dead, 14 Injured; Shell Gets Conditional Drilling Approval; Congressional Deal Allows FAA Employees to Return from Furlough; Alaska Hit Hard by Debt Ceiling Agreement; and more...

Now History, Debt-Ceiling Fight Left Much Wreckage In Its Wake

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With the debt-ceiling legislation signed into law Tuesday afternoon, the nation no longer needs to worry about defaultmageddon, at least not until early 2013. That's when the U.S. Treasury once again runs out of room to borrow again. Even though there wasn't a default this time, the partisan fight left plenty of wreckage lying about.

In Light Of Budget Deal, Fitch Ratings Says U.S. Keeps Triple-A Rating

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The rating agency said the debt ceiling agreement is a step in the right direction for the country and said the chances of a default on its debt remain "extremely low."

House Passes Bill to Raise Debt Ceiling

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The U.S. House passed tonight a bill to raise the debt ceiling in exchange for spending cuts. The tally was 269 to 161.

Alaska News Nightly: August 1, 2011

House Passes Bill to Raise Debt Ceiling, BBAHC Blames Layoffs on Washington Woes, Trapper Creek Mid-Air Crash is Second in Three Weeks, Bodies of Plane Crash Victims Recovered from Douglas Island, and more...

Alaska Delegation Will Vote in Favor of New Debt Ceiling Plan

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All three members of Alaska’s Congressional delegation say they will vote for the deal to raise the debt ceiling and cut spending. The plan announced Sunday night by President Obama slashes spending by about a trillion dollars over the next decade and raises the debt ceiling in time for the U.S. to avoid defaulting on its bills.

Debt Ceiling Proposal Would Cut Spending by Almost $1 Trillion Over 10 Years

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The votes still have to come but Sunday night President Obama announced an agreement between Republican and Democratic Congressional leaders. Just what the rank and file membership think will be revealed Monday morning.

Senate Kills House Bill to Raise Debt Limit, Cut Spending

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The U.S. House passed a bill Friday that would raise the national debt limit and cut spending. It was a close shave, with just two more members voting for it than needed for passage, 218 to 210.

Alaska News Nightly: July 29, 2011

Juneau Teenager Dies After Assault in Arkansas; Senate Kills House Bill to Raise Debt Limit, Cut Spending; Debt Ceiling Dominates Senator Begich's Town Hall; Anchorage School District Receives Extra $19 Million; and more...

Begich Answers Citizen Questions in Tele-Town Hall

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Thursday night, as the House wrestled with its plan, Senator Mark Begich hosted a town hall by telephone.

‘Gang of Six’ May Break Through Debt Ceiling Stalemate

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Congress appears to have a break-through in its negotiations over coming up with a plan to raise the debt ceiling and chip away at the national deficit.

Alaska News Nightly: July 19, 2011

‘Gang of Six’ May Break Through Debt Ceiling Stalemate, Legislative Hearing Targets Government Waste, BP Continues Cleanup of Lisburne Drill Site Spill, 2012 Kuskokwim 300 Race Could be Called Off, and more...

Congress Goes into Final Week to Come Up with Debt Ceiling Deal

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Congressional experts say there’s just one week left until politicians in Washington have to come up with a debt ceiling deal. It's actually two-and-a-half weeks when the U.S. will hit its debt limit, but the Congress needs the extra time to write up a plan and get it passed through the House and Senate.

Young Votes Against Raising Debt Ceiling

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Alaska Representative Don Young voted last night with the rest of U.S. House Republicans against raising the debt ceiling. But he’s skipping a meeting this morning between the House GOP and the President to talk over debt and the budget. His staff did not give a reason.