Sen. Kerry is blaming “a few ideological extremists” in the Republican Party for jeopardizing the nation’s economy by refusing to negotiate a deal to raise the nation’s debt limit ahead of an Aug. 2 deadline.
It was a shaky week on Wall Street as investors wondered whether Washington would allow the debt ceiling to come crashing down.
Amid the avalanche of increasingly strident political rhetoric coming out of the latest partisan fiasco in Washington, one line in particular seems to have really struck a chord with the public.
Political Editor Jon Keller explains why 3 in 4 Americans don’t want to raise the debt ceiling, despite the possibility of dire consequences.
Lawmakers have until early August to come up with a plan before the country defaults on its loans. But, what will it take to get something done? Jon Keller is at large.
There’s been quite a bit of talk about the debt ceiling these days. But do you know what it is and how it affects you?