October 15, 2013 | Daily JAM, Morning Briefing |
Republican leadership in the House of Representatives has one more chance to tank global financial markets. And they seem to be determined to make the most of it. After emphatically rejecting the Senate plan put together on the basis of Republican Senator Susan Collins’ (Maine) proposal, this morning the Republican leadership pulled its own plan apparently because of intense opposition from Tea Party Republicans.
October 14, 2013 | Daily JAM, Mid Term |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 14, 2013 | Daily JAM, Morning Briefing |
The odds now heavily favor a deal in the Senate that would raise the U.S. debt ceiling and end the government shutdown. Such a deal might even pass the chamber tomorrow. (There’s a very outside chance for action today.) And then, of course, all eyes will be on the House of Representatives
October 14, 2013 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 12, 2013 | Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 11, 2013 | Morning Briefing, Short Term |
After last night’s meeting at the White House and negotiations at the staff levels, Republican leaders came back with a new proposal for ending the crisis—and it’s actually kind of surprising since it seems a step backwards from an agreement between Republican Speaker John Boehner and the White House.
October 10, 2013 | Daily JAM, Morning Briefing, Short Term |
The New York Times and Reuters are reporting at 6 p.m. ET that President Barack Obama has rejected a proposal from Republican leaders of the House to raise the debt limit for six weeks in exchange for a promise that the two sides would sit down to work out a comprehensive budget deal. The White House rejected the plan, the Times is reporting, because it would not end the shutdown of the Federal government.
October 10, 2013 | Daily JAM, Morning Briefing |
U.S. stocks have rallied hard today on hopes that the Republican House and the Democratic White House are moving toward ending the stalemate that threatens to push the U.S. into default on its debt and that has kept the government shut down. The plan floated today by the Republican leadership in the House would include a short-term increase in the U.S. debt ceiling for six weeks—until November 22—in exchange for negotiations with President Barack Obama over the government shut down.
October 9, 2013 | Daily JAM, Morning Briefing |
The good news today for those of us who think risking a U.S. default on government debt is bad news comes in signs of cracks in the united front against raising the debt ceiling unless the Obama administration agrees to defund the Affordable Care Act, “reform” Social Security, rewrite the tax code and more. But I still think we need more panic on Wall Street to push Congress to an agreement
October 8, 2013 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
October 8, 2013 | Daily JAM, Morning Briefing, Short Term |
Today’s hope for avoiding a U.S. default if Congress fails to raise the debt ceiling? A strategy called “jam the House.” The idea would be for Senate Democrats to pass a clean bill to raise the debt ceiling and then send it over the the House where its existence would force Speaker Boehner to call a vote
October 7, 2013 | Daily JAM, Short Term |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...