Tag: Debt Ceiling
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.
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...
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.
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."
The U.S. House passed tonight a bill to raise the debt ceiling in exchange for spending cuts. The tally was 269 to 161.
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...
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.
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.
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.
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...
Thursday night, as the House wrestled with its plan, Senator Mark Begich hosted a town hall by telephone.
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.
‘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...
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.
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.