BY Masao Suzuki | San José, CA | 10/15/13
Today, Oct. 15, right-wing Republicans in the House of Representatives stopped the House Republican leadership from trying to pass a compromise measure to re-open the federal government and raise its debt ceiling.
BY Masao Suzuki | San José, CA | 8/05/11
On Aug. 2, President Obama signed into law a bipartisan deal to raise the federal debt limit and cut federal spending.
BY Masao Suzuki | San José, CA | 7/25/11
In the current debate about what to do about the debt ceiling, there are two positions that are prominent in Washington, D.C. and in the corporate controlled media. One is the House Republican position summarized as Cut, Cap, and Balance, and the other is the Senate bipartisan position that has been welcomed by President Obama.