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John Boehner

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  • Debt Downgrade Means Losses for Commodities: Economist Thursday, 28 Jul 2011 | 4:14 AM ET

    1st paragraph of story should go here

  • If US Defaults, Stocks Fall 30%, GDP 5%: Credit Suisse Thursday, 28 Jul 2011 | 2:56 AM ET

    In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse.

  • US Downgrade Good for Dollar? Don't Rule It Out Thursday, 28 Jul 2011 | 2:36 AM ET
    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.

  • 'Dollar Malaise' to Last: Forex Pro Thursday, 28 Jul 2011 | 2:16 AM ET
    Stack of U.S. hundred-dollar bills

    With the clock ticking in Washington DC and Congress desperately trying to find an agreement on raising the debt ceiling, the greenback is heading towards levels last seen in the fall of 2008, when it reached its lowest point over the past 10 years.

  • Trades For a Stressed-Out Dollar Wednesday, 27 Jul 2011 | 4:38 PM ET

    Other than a short rally today, the dollar's been taking it on the chin as Washington squabbles. Here's how to trade it.

  • What a Downgrade Would Mean for the Dollar Wednesday, 27 Jul 2011 | 4:13 PM ET

    Even a debt deal may not prevent a rating cut for U.S. debt. Here's what it would mean for the dollar, and what you can do.

  • An Interview With S&P's Global Head of Sovereign Ratings Wednesday, 27 Jul 2011 | 11:03 AM ET

    Last night, I spoke with David Beers, head of S&P's sovereign debt rating committee on CNBC’s Kudlow Report. He made it very clear: the U.S. must take steps to lower its debt/GDP trend over the long run.

  • If Tea Party Likes a Debt Deal, It Can't Pass: Economist Wednesday, 27 Jul 2011 | 3:40 AM ET
    U.S. Minority Leader Rep. John Boehner

    As the high risk-game of chicken over raising the US debt ceiling draws closer to possible economic collision, one economist is warning that any deal that wins approval from the right-wing Tea Party movement will pass neither the Senate nor the president.

  • Don't Panic — The Debt Ceiling Explained Tuesday, 26 Jul 2011 | 5:08 PM ET
    Invasion of the Body Snatchers (1956)

    I know I’m supposed to be all freaked out about the nation reaching its debt limit and our credit being downgraded and we’ll stop paying some bills. But I live in California. This is normal. Daily panic and doomsday scenarios over government finances started here. Political gridlock, kicking the can down the road…that’s how we roll.

  • McCullough: The Debt Debate and American Pride Tuesday, 26 Jul 2011 | 3:40 PM ET
  • If There's a Debt Deal, These Four Will Make It Happen Tuesday, 26 Jul 2011 | 2:53 PM ET
    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..

  • Farrell: Debt Talks — I Shudda Stayed with Dora Tuesday, 26 Jul 2011 | 12:17 PM ET
    Dora the Explorer

    Feeling obligated to watch the President I tuned in for a classic "not my fault but his fault" game of dodge-responsibility. Speaker Boehner wasn't any better. I got mad watching the politicians be politicians and I got Lola Jane mad by turning off Dora.

  • Dollar Drops, Kiwis Fall Tuesday, 26 Jul 2011 | 8:43 AM ET

    Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints  - it's time for your daily FX Fix.

  • What’s So Bad About the Reid Plan? Monday, 25 Jul 2011 | 4:33 PM ET
    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.

  • Henes: 5 Things to Know About the Debt Ceiling Monday, 25 Jul 2011 | 12:51 PM ET
    US Capitol Building with cash

    The weekend ended with no deal on the debt ceiling. As I wrote last week, there are at least five reasons why the debt ceiling may not get raised. As we head into this week, the common wisdom remains that the debt ceiling will be raised one way or another. But will it?

  • Debt Talks Drag on Dollar, Swiss Franc Soars Monday, 25 Jul 2011 | 8:35 AM ET

    Deadlocked debt-ceiling talks dent the dollar and send the Swissie soaring - it's time for your daily FX Fix.

  • US Officials Scramble for Debt Deal as Clock Ticks Sunday, 24 Jul 2011 | 11:34 AM ET

    White House officials and Republican leaders scrambled on Sunday to reassure global markets the United States would avert a debt default but the two sides gave no sign they were moving closer to a deal.

  • Debt Crisis: Deal Sought to Head Off Stock Plunge Saturday, 23 Jul 2011 | 6:26 PM ET

    Precariously short of time, congressional leaders struggled in urgent, weekend-long talks to avert an unprecedented government default, desperate to show enough progress to head off a plunge in stock prices when Asian markets open ahead of the US workweek.

  • Investors Scramble to Prepare for the Unthinkable Saturday, 23 Jul 2011 | 2:49 PM ET

    World markets have behaved until now as if it were inevitable that Congress would raise the debt ceiling  before the Treasury Department exhausts its ability to pay all of its bills in early August. The breakdown of negotiations Friday has jolted that sense of equanimity, the New York Times reports.

  • Obama, Lawmakers Seek to Salvage US Debt Deal Saturday, 23 Jul 2011 | 2:28 PM ET

    President Barack Obama and top congressional lawmakers Saturday attempted to salvage a deal to avoid a catastrophic debt default after a collapse in deficit talks left both sides angry and frustrated.