Obama signs bill averting government default

Associated Press

WASHINGTON (AP) - President Barack Obama has signed into law a bill raising the government's borrowing limit, averting a default and delaying the next clash over the nation's debt until later this year...

House votes to defuse debt limit crisis

Andrew Taylor, Associated Press

WASHINGTON (AP) - The House overwhelmingly passed a bill Wednesday to permit the government to borrow enough money to avoid a first-time default for at least four months...

On debt ceiling, Obama forces Republicans to blink

Perry Bacon Jr.

ANALYSIS - President Obama has forced congressional Republicans to abandon long-held positions and accept Obama's in a major fiscal debate for the second time in less a month...

House to vote Wednesday on raise in debt limit

Andrew Taylor, Associated Press

WASHINGTON (AP) - House leaders on Monday unveiled legislation to permit the government to continue borrowing money through May 18 in order to stave off a first-ever default on U.S. obligations...

Obama takes oath in strong position

Steven R. Hurst, Associated Press

WASHINGTON (AP) - Obama guided the country through many crushing challenges after taking office in 2009: ending the Iraq war, putting the Afghan war on a course toward U.S. withdrawal and saving the collapsing economy...

Obama press conference: 5 things we learned

Perry Bacon Jr.

theGRIO REPORT - The president held the final press conference of his first term on Monday afternoon, less than a week before his second inauguration. Here's what we learned from his remarks...

Can Obama raise the debt limit with a trillion dollar coin?

Shartia Brantley

theGRIO REPORT - Since the White House did not emphatically reject the coin option. The debate rages on...

Obama: Debt ceiling must be raised by Congress

Matthew Daly, Associated Press

HONOLULU (AP) - President Barack Obama is hailing a last-minute deal that avoids the so-called fiscal cliff but says it's just one step in a broader effort to boost the economy and shrink federal deficits...