New Jersey 101.5 » Debt Ceiling http://nj1015.com New Jersey News Fri, 24 May 2013 23:00:59 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 House Passes Bill to Defuse Debt Crisis http://nj1015.com/house-passes-bill-to-defuse-debt-crisis-2/ http://nj1015.com/house-passes-bill-to-defuse-debt-crisis-2/#comments Thu, 24 Jan 2013 04:47:19 +0000 Townsquare News Network http://nj1015.com/?p=220472 The House has passed a bill to permit the government to borrow enough money to avoid a first avoid default for at least four months, defusing a crisis looming next month and setting the stage for a springtime debate over taxes, spending and the deficit.

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]]> http://nj1015.com/house-passes-bill-to-defuse-debt-crisis-2/feed/ 0 House Passes Bill To Defuse Debt Crisis http://nj1015.com/house-passes-bill-to-defuse-debt-crisis/ http://nj1015.com/house-passes-bill-to-defuse-debt-crisis/#comments Wed, 23 Jan 2013 19:14:03 +0000 Townsquare News Network http://nj1015.com/?p=220269 The House has passed a bill to permit the government to borrow enough money to avoid a first avoid default for at least four months, defusing a crisis looming next month and setting the stage for a springtime debate over taxes, spending and the deficit.

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]]> http://nj1015.com/house-passes-bill-to-defuse-debt-crisis/feed/ 0 Rep. Bill Pascrell (D) speaks about debt ceiling extension on House floor (CSPAN) GOP Moves to Delay Debt-Ceiling Showdown http://nj1015.com/gop-moves-to-delay-debt-ceiling-showdown/ http://nj1015.com/gop-moves-to-delay-debt-ceiling-showdown/#comments Wed, 23 Jan 2013 03:59:42 +0000 Townsquare News Network http://nj1015.com/?p=219929 Republicans controlling the House are moving quickly to try to defuse a potential debt crisis. They're offering legislation to prevent a first-ever default on U.S. obligations for three months or more.

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]]> http://nj1015.com/gop-moves-to-delay-debt-ceiling-showdown/feed/ 0 GOP Official: House To Vote To Lift Debt Limit http://nj1015.com/gop-official-house-to-vote-to-lift-debt-limit/ http://nj1015.com/gop-official-house-to-vote-to-lift-debt-limit/#comments Fri, 18 Jan 2013 18:15:16 +0000 Townsquare News Network http://nj1015.com/?p=218361 A Republican official says the GOP-controlled House will vote next week to permit the government to borrow more money to meets its obligations.

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]]> http://nj1015.com/gop-official-house-to-vote-to-lift-debt-limit/feed/ 0 US Capital building (Chip Somodevilla, Getty Images) Obama Demands Quick Action To Raise Debt Limit [VIDEO] http://nj1015.com/obama-demands-quick-action-to-raise-debt-limit/ http://nj1015.com/obama-demands-quick-action-to-raise-debt-limit/#comments Mon, 14 Jan 2013 17:56:49 +0000 Townsquare News Network http://nj1015.com/?p=216040 President Barack Obama demanded on Monday that lawmakers raise the nation's $16.4 trillion federal debt limit quickly, warning that "Social Security benefits and veterans' checks will be delayed" if they don't and cautioning Republicans not to insist on concessions in exchange.

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]]> http://nj1015.com/obama-demands-quick-action-to-raise-debt-limit/feed/ 0 President Barack Obama speaks during a news conference in the East Room of the White House (Chip Somodevilla/Getty Images) A Simple Analogy Explaining the Debt Ceiling [Poll] http://nj1015.com/a-simple-analogy-explaining-the-debt-ceiling-poll/ http://nj1015.com/a-simple-analogy-explaining-the-debt-ceiling-poll/#comments Tue, 17 Apr 2012 11:40:45 +0000 Jim Gearhart Show http://nj1015.com/?p=90692 An anonymous analogy has been circulating the internet.  It's a simple analogy that will help you understand the debt ceiling.

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