Senate Democrats

Tag debt ceiling

Reid Statement Reaffirming Opposition To Short-Term Debt Ceiling Increase

Washington, D.C. – Nevada Senator Harry Reid released the following statement reaffirming his opposition to a short-term debt ceiling increase: “I want to reaffirm my statement from last night. I will not support any short-term agreement, and neither will President Obama nor Leader Pelosi. We seek an extension of the debt ceiling through at least…

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Reid Statement On Deficit Negotiations

Washington, D.C. – Nevada Senator Harry Reid released the following statement tonight on the need to prevent the United States from defaulting on our obligations: “Republicans have once again proven unable to overcome their ideological opposition to ending taxpayer-funded giveaways for millionaires, corporate jet owners and oil companies. I applaud President Obama for insisting that…

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In Floor Speech, Schumer Tells House GOP: Norquist Has Given Permission To Let Millionaire Tax Breaks Expire In Debt Deal

In Major Development, Anti-Tax Crusader Says Letting Bush Tax Breaks Lapse Does Not Count As Tax Hike Schumer: This Is A Coded Message From Norquist To GOP Hardliners Who Are Opposing Any Deal That Includes Revenues That They Should Relent In Order To Avert Default WASHINGTON, DC—U.S. Senator Charles E. Schumer (D-NY) today called on…

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Reid: It Is Time For Reasonable Republicans To Compromise For The Good Of The Country

Washington, D.C. – Nevada Senator Harry Reid made the following remarks today on the Senate floor about averting a default crisis. Below are his remarks as prepared for delivery: We have 12 days left before our nation does the unthinkable: forever undermines the full faith and credit of our great country. As members of Congress,…

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There They Go Again: GOP Lawmakers, Ignoring Reagan, Still Downplay Consequences Of A Default

Nearly 25 Years After Gipper Warned Against Playing Politics With Debt Limit, House Conservatives Still Ignore Dire Warnings   REAGAN KNEW BETTER THAN TO RISK A DEFAULT … Reagan Called Extending the Debt Limit “Necessary and Unavoidable” “This is an action that we just take to prevent the Government from defaulting on its obligations, and…

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Reid: Republicans Would Slash Medicare And Social Security While Constitutionally Protecting Tax Breaks For Yachts And Jets

Washington, D.C.– Nevada Senator Harry Reid made the following remarks today on the Senate floor about the Cut, Cap, and Balance Act. Below are his remarks as prepared for delivery: Today the House will consider legislation that would force the nation to default on our financial obligations for the first time in history unless Congress…

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Really? GOP Lawmakers Still Downplaying Consequences Of A Default

Ron Johnson Downplayed the Consequences of Failing to Raise The Debt Limit. Johnson said,  “I am a little bit cynical about the scare mongering and putting America’s back up against this Aug. 2 deadline just to get an increase in the American credit card.”  [Roll Call, 7/18/11] Rep. Todd Rokita (R-IN) “I Am Not Worried…

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Reid: Default Would Be A Plague That Haunts Our Nation For Years To Come

  Washington, D.C.– Nevada Senator Harry Reid made the following remarks today on the Senate floor regarding Senate Democrats’ meeting last week with Treasury Secretary Tim Geithner. Below are his remarks as prepared for delivery: Senate Democrats sat down with Treasury Secretary Tim Geithner, and he painted a picture of what our world will look…

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Reid: Senate Will Stay In Session Until We Avoid Defaulting On Our Obligations

Washington, D.C. – Nevada Senator Harry Reid released the following statement today: “The Senate has no more important task than making sure the United States does not fail to pay our bills for pre-existing obligations like Social Security for the first time in our history. To ensure that we meet this responsibility, the Senate will…

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ICYMI: Richmond Times Dispatch: Virginia’s Young Gun Misfires

Richmond Times Dispatch – Jeff E. Schapiro: Virginia’s young gun misfires Jeff Schapiro July 17, 2011 Virginia’s young gun apparently shot himself in the foot. Eric Cantor this past week had an opportunity to define himself for an audience beyond the Beltway as more than a rigid conservative with one word in his vocabulary: no.…

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