Congress
  • Sequester: The Next Big Battle for Congress

    By Josh Boak, The Fiscal Times

    Senate Minority Leader Mitch McConnell (R-KY) explained his major budget goal on Wednesday: Continue to cut government spending. In announcing a bipartisan deal to reopen the government and raise the...

  • Cruz Finally Blinks as Senate Debt Plan Moves Ahead

    With the day of reckoning upon us, Congress now appears on track to approve a bipartisan compromise today that would end the two-week old government shutdown and avert a first-ever default on U.S...

  • Tea Party Finally Trusts Boehner

    By Josh Boak, The Fiscal Times

    House Speaker John Boehner (R-OH) finally seems to have gained the trust of Tea Party conservatives . All it took was a government shutdown and threat of default threat in a botched attempt to stop...

  • Debt Ceiling: What Is It and Why Does It Matter?

    By Maureen Mackey, The Fiscal Times

    What exactly does the term debt ceiling mean, anyway? While lawmakers struggled on Wednesday to button up an eleventh-hour bipartisan deal to end the government shutdown and avert a default on the...

  • Germany's Merkel tells Putin of her concern at Greenpeace arrests

    Germany's Merkel tells Putin of her concern at Greenpeace arrests

    By Reuters

    BERLIN (Reuters) - German Chancellor Angela Merkel told Russia's President Vladimir Putin on Wednesday of her concerns over the arrest of Greenpeace activists after a protest at an Arctic drilling...