TPMDC Peter G. Peterson
Debt Ceiling
Boehner: We'll Do Debt Limit Brinksmanship All Over Again
Speaker of the House John Boehner (R-OH)
Treasury Secretary Timothy Geithner wants Congress to raise the debt limit again later this year "without drama, pain and damage."
House Speaker John Boehner has other ideas.
In remarks at the 2012 Peter G. Peterson Foundation, Boehner will erect the same requirements for raising the debt limit this coming winter that nearly led the country to default on its debt last August.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: Barack Obama, Debt, Debt Ceiling, Deficit, John Boehner, Peter G. Peterson, Timothy Geithner
Debt
Bayh And Conrad Endorse $20M 'OweNo' National Debt Ad Campaign (VIDEO)
Ad From Peter G. Peterson Foundation, "Rally"
Sen. Kent Conrad (D-ND) and retiring Sen. Evan Bayh (D-IN) are giving their endorsement to a new ad campaign called "OweNo," seeking to expand public awareness about the national debt -- and signaling an opening volley in the Social Security debate, the Huffington Post reports,
OweNo? Hasn't she ruined everything she touches?
The ad campaign is being run by the Peter G. Peterson foundation, created by the former Nixon-era Secretary of Commerce and co-founder of the budget hawk group the Concord Coalition. The first ad -- part of a $20 million campaign -- does not feature Bayh or Conrad, but a fictional politician named "Hugh Jidette," and his crowd of supporters who stop cheering once he describes his policies of spending more money and passing the tab on to their kids.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: Debt, Evan Bayh, Kent Conrad, OweNo, Peter G. Peterson, Social Security
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