Congress
  • Jamie Dimon: Defaulting on Our Debt is Crazy

    By Merrill Goozner, The Fiscal Times

    Jamie Dimon, head of Chase, warned lawmakers that hitting the debt ceiling would be catastrophic and that taking that risk would be “crazy.”

  • Six Fiscal Heroes Plow the Road for Deficit Cuts

    By Eric Schurenberg, The Fiscal Times

    At the Imagine Solutions conference in Naples, Florida last week, CNBC’s Tyler Mathisen asked a panel of Fiscal Times columnists whether any elected official in the federal budget debate could be...

  • Majority of Experts Predict Government Shutdown

    The verdict is in: 61 percent of budget and political experts surveyed by The Fiscal Times predict that we’re headed for a government shutdown late next week amid a collapse of budget negotiations...

  • GOP Unveils Plan for Fannie and Freddie

    By Zachary A. Goldfarb, The Washington Post

    A month-and-a-half after the White House announced its plan to wind down Fannie Mae and Freddie Mac, House Republicans on Tuesday plan to introduce their own. According to congressional sources...

  • Senators Toss Budget Ball to Obama Who Fumbles

    By Kirk Victor, The Fiscal Times

    A letter from 64 Democratic and GOP senators urging President Obama to take the lead in passing a major deficit reduction plan has generated a lot of excitement, but there are many reasons why the...