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Results related to “Debt Ceiling”

Budget Crisis Averted but at a Steep Cost

Budget Crisis Averted but at a Steep Cost

by Imara Jones on October 17 2013, 7:53AM

The shutdown is over and the debt ceiling is raised temporarily. A look at the high cost of the political drama and what race had to do with it.

Topics: Economy, Shutdown

What a U.S. Default Will Do to the Economy

What a U.S. Default Will Do to the Economy

by Imara Jones on October 16 2013, 10:53AM

Tomorrow, October 17 the United States is poised to default on its debt. We’ve reached this perilous moment because economic visions informed by race are preventing a resolution.

Topics: Economic Justice

The Super Committee Has Failed?! Wait, What's a Super Committee?

The Super Committee Has Failed?! Wait, What’s a Super Committee?

by Shani O. Hilton on November 22 2011, 10:45AM

In Southeast D.C., where unemployment is close to 30 percent and where people are most likely to feel the pain of social service cuts, it’s enough to know the big picture: “They don’t seem to care about us.”

Topics: Debt Deal, Politics

The Fed's Bombshell: Our Economy's Dead Until Congress Creates Jobs

The Fed’s Bombshell: Our Economy’s Dead Until Congress Creates Jobs

by Imara Jones on August 12 2011, 9:37AM

After months of debate over the nation’s debt, the central bank’s unprecedented interest rates announcement this week was entirely about the jobs crisis. The subtext was clear: politics, not economics stand in the way of recovery.

Topics: Economy, Fiscal Cliff, Jobs Crisis

The U.S. Doesn't Have a Debt Problem. It Has a Crisis of Values.

The U.S. Doesn’t Have a Debt Problem. It Has a Crisis of Values.

by Imara Jones on August 3 2011, 10:15AM

The debt deal is an extension of the grand bargain Washington’s leaders made with Wall Street nearly four years ago: to save the wealthy at the expense of everyone else. The U.S. doesn’t have a debt problem; it has a values problem.

Topics: Economy, Shutdown

Debt Deal Casualties May Include College Aid for Poor Students

Debt Deal Casualties May Include College Aid for Poor Students

by Shani O. Hilton on August 1 2011, 1:30PM

Tea party Republicans were willing to let the debt ceiling deadline pass in order to block Pell Grant funding, which one member has called “welfare of the 21st century.” The student aid program may be among the most vulnerable in the coming round of cuts.

Topics: Debt Deal, Politics, Schools & Youth

Dems, Students Fight to Save Pell Grants Amid Debt Ceiling Talks

Dems, Students Fight to Save Pell Grants Amid Debt Ceiling Talks

by Julianne Hing on July 20 2011, 9:50AM

While Republicans push for more cutbacks, others fight for low-income students and students of color.

Topics: Schools & Youth

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