Politics Harry Reid

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  • china-flag-shanghai_200.jpg

    As America’s largest foreign creditor, China has little option but to hope for the best and try to calm jittery markets in the event of a downgrade of US debt by the ratings agencies according to economists at Capital Economics.

  • "Go the F**k to Sleep" by Adam Mansbach

    Author Adam Mansbach said what every parent was thinking, "Hey, kids: 'Go the F— to Sleep.'" Now, one TV anchor is saying what most of America has been thinking: "Hey, Congress: 'Go the F— to Sleep!'"

  • President Barack Obama

    When "the dollar is the reserve currency underpinning the system, waking up to discover that U.S. debt may not be AAA after all is surely a market event,” says an analyst at one European bank.

  • Senate Majority Leader Harry Reid and House Speaker John Boehner

    It's this quartet  who will have to draw on their experience, skill and charm to find the deal and the votes to pass it for averting an unprecedented government default next week..

  • US Senate Majority Leader, Senator Harry Reid

    The big sticking points between the House GOP leadership and Sen. Harry Reid’s latest plan are 1) the House wants two debt increases, one this year and one next year (Reid has just one increase) and 2) the House Republicans want a guaranteed balanced-budget-amendment vote.

  • money_capital.jpg

    With a default deadline looming, House Republican leaders are giving the Tea Party what amounts to a symbolic floor vote on its "cut, cap and balance" debt-limit plan.

  • white_house.jpg

    The White House says President Barack Obama is stepping directly into stalled debt talks, inviting Senate Majority Leader Harry Reid and Republican leader Mitch McConnell separately to discussions Monday.

  • capitol_building_3_200.jpg

    Recent signs that the economic recovery is flagging have introduced a new tension into the bipartisan budget negotiations.

  • U.S. Senate Majority Leader Sen. Harry Reid and Speaker of the House Rep. John Boehner.

    Not many things have emerged from the quagmire of US Congress recently which have produced a truly pleasant surprise. But could the troubled asset relief programme - better known as Tarp - turn out to be one?

  • Barack Obama

    What does the rise of libertarianism portend for the future of the US? This is not a question of interest to Americans alone. It matters almost as much to the rest of the world.