GOP Rep. says "there is a little bit of wiggle room" on default date
House Speaker Kevin McCarthy said Sunday that he and President Joe Biden had a "productive" call,.
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House Speaker Kevin McCarthy said Sunday that he and President Joe Biden had a "productive" call,.
How could a 145-year-old change to the US Constitution that gave citizenship to former slaves serve as a path out of the debt ceiling drama? Government officials and legal authorities are divided over whether it does.
Some Democrats want President Biden to use the 14th Amendment to raise the debt limit. Using this authority would allow the president and the United States to continue to pay its bills on time.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Breaching the debt ceiling may sound esoteric, but financial experts warn it could hurt Americans financially in a number of ways.
On Tuesday, President Biden is expected to meet again with top congressional leaders to continue discussions on raising the nation's debt ceiling.
Republican and Democrats talked behind the scenes over the weekend, with no formal deal announced, as President Biden and top congressional leaders say they are working toward some sort of agreement.
President Biden and top Congressional leaders have yet to reach an agreement on the debt limit crisis.
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
Former President Donald Trump said in a CNN town hall that Carroll's story was "fake" and "made up," despite the swift and unanimous verdict.
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The federal government caps the amount of money it can borrow. But what are the risks if Congress fails to lift the debt limit?
Chris details the latest storm currently ravaging the region, the passage of another raise in the debt ceiling, and a plan to sue fast food restaurants to pay for health related issues. He also talks with former pitcher and new Phillies Broadcaster Jamie Moyer.
Chris Stigall voiced his outrage with Republicans who joined the Democrats to send a "clean" bill raising the debt ceiling to the Senate this morning on Talk Radio 1210 WPHT.
Chris is providing Karen Hepp Snow Baggies to listeners in the suburbs and discussing the deal in the House of Representatives to raise the debt ceiling and the Phillies new broadcast team.
Just hours before the midnight deadline, a deal is struck.
Chris remains skeptical about global warming as today's drop to the lowest in two years and he is surprised at the commotion surrounding whether or not Beyonce lip synched the National Anthem at the Presidential Inauguration. He also talks to Congressman Mike Fitzpatrick about the debt ceiling, State Representative Daryl Metcalfe about making Pennsylvania a right-to-work state, and Tom McGrath from the Philly Post.
Chris reviews the press conference held by President Obama on the debt ceiling and gun control and discusses it with John Hayward from Human Events. He also talks to Pennsylvania's Lt. Governor Jim Cawley and discusses some polls conducted among Pennsylvanians by Harper Polling with Brock McLeary.
Chris awaits tommorrow's report on gun violence from Vice-President Joe Biden, he reviews the weekends NFL playoff matchups and the Golden Globe awards, and he explains the evolution from the Obamacare mandate to a mandate "plus." He also talks to Michael Bronstein and Colin Hanna about the fight to raise the debt ceiling.
Chris analyzes the Obama Administration's next move to implement gun control, the President's next set of cabinet nominations, and he details New Jersey Governor Chris Christie's media rounds following his State of the State address. He talks to Senator Pat Toomey about the debt ceiling debate and Governor Corbett about his decision to sue the NCAA over sanctions imposed against Penn State.
Chris details the cabinet nominations revealed yesterday by President Obama and the excitement that surrounded Alabama Quarterback AJ McCarron's girlfriend during last night's national championship game. He also discusses New Jersey Senate President Steve Sweeney's latest politization of Hurricane Sandy, Senator Pat Toomey's intentions for raising the debt ceiling, and a brawl at the Cherry Hill Mall.
Grover is the ultimate in single interest constituencies in Washington. He is not accountable to anybody. He does not disclose who funds him, who pays him to do what he does or how much he is paid to blackmail GOP Members of Congress to sign his pledge not to raise taxes.
Chris reviews the recall elections in Wisconsin, talks to CBS 3's Ben Simoneau about flash mobs and to Larry Kane about privatization of the states liquor stores.
Governor Corbett says the likely loss of federal dollars as a result of the debt ceiling deal in Washington is a good example of why he didn't want to spend the surplus from last year's budget.
