Articles by Nancy Pelosi

  • Debt deal heads toward vote, but doubts persist

    August 01 2011 4:55 PM EDT

    The White House and congressional leaders scrambled for enough support from skeptical lawmakers on Monday to push through an 11th-hour deal to raise the U.S. borrowing limit and avert a devastating debt default.

  • At Issue: U.S. Debt Deal
    Debt Ceiling Topples Down to an Agreement: Wins, Losses and Overview of the Deal

    August 01 2011 3:29 PM EDT

    Leaders of both parties, Democrats and Republicans, came to an agreement after they worked furiously to sell their rank-and-file members on a debt deal reached with President Barack Obama in a bid to end a political 'cat and mouse' chase that nearly undermined Americans faith in their political institutions.

  • U.S. Senate Minority Leader Mitch McConnell
    Senate Republican Leader Optimistic on Debt Vote

    August 01 2011 2:24 PM EDT

    Senate Republican Leader Mitch McConnell said on Monday he was "optimistic" about the prospects for passing a deficit reduction and debt limit increase measure.

  • Lawmakers to vote on last-minute debt deal

    August 01 2011 2:16 PM EDT

    Congressional leaders scrambled for enough votes on Monday to push through an 11th-hour White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented debt default.

  • Financial Crisis: U.S. Debt Ceiling in Pictures
    If Debt Deal Isn?t Ideal, Why Is It Up for a Vote?

    August 01 2011 11:48 AM EDT

    It's a debt deal that isn't ideal or loved. So why is it getting a vote on Capitol Hill?

  • Debt Deal Doubts Lower Wall St

    August 01 2011 10:29 AM EDT

    Doubts on the Obama Debt deal have hit stocks and the USD shortly after open today. Sunday's deal would raise the debt ceiling by up to $2.4tn from the current $14.3tn and would cut the US budget deficit by a similar amount.

  • At Issue: U.S. Debt Deal
    Debt Deal: Will House, Senate Votes Speed Along on Monday?

    August 01 2011 8:19 AM EDT

    With the debt deal negotiations done, the focus now shifts to the Republican-led House, where Speaker John Boehner, R-Ohio, will try to attract moderate Democrats to offset the likely high number of Tea Party House members who will vote against the bill. A Senate vote on the bill also could occur later Monday.

  • House Democrats might not back debt deal: Pelosi

    August 01 2011 3:54 AM EDT

    Democrats in the House of Representatives might decide not to support a last-minute deal to raise the debt ceiling when they meet on Monday, House Democratic Leader Nancy Pelosi said on Sunday.

  • Boehner and McConnell speak at a news conference about the U.S. debt ceiling crisis, at the U.S. Capitol in Washington
    Lawmakers to vote on last-minute debt deal

    August 01 2011 3:48 AM EDT

    After months of vitriolic discord, Republican and Democratic lawmakers were expected to vote on Monday on a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented default.

  • Financial Crisis: U.S. Debt Ceiling in Pictures
    Congressional Leaders, Obama Reach Debt Deal, Crucial Votes Ahead

    July 31 2011 11:32 PM EDT

    Congressional leaders and President Obama reached a deal to raise the federal debt ceiling in an effort to avoid the first U.S. default but a series of crucial votes in both chambers of Congress remain before the President can sign it into law.

  • U.S. President Barack Obama
    Crucial Debt Ceiling Votes Ahead as Leaders Reach Deal

    July 31 2011 10:18 PM EDT

    A weary-looking President Obama told reporters late Sunday that a deal had been reached between the leaders of the White House, Senate and House of Representatives to raise the federal debt ceiling and avoid the first U.S. default, although a series of votes by all members in Congress is needed to make the ceiling raise a reality.

  • At Issue: U.S. Debt Deal
    Obama, Congressional Leaders Reach Debt Deal; Senate, House Votes Next

    July 31 2011 9:38 PM EDT

    Two days before a financial market-rocking U.S. Government default, President Barack Obama Sunday night announced that leaders of both major political parties have reached a debt deal agreement to reduce the U.S. deficit and avert a default. Both the Senate and the House are expected to vote on the bill Monday.

  • US Senate Majority Leader Reid walks from a meeting with Senate Minority Leader McConnell on the debt ceiling crises on Capitol Hill in Washington
    Lawmakers close to deal to avoid default

    July 31 2011 9:06 PM EDT

    Lawmakers were close to a last-ditch $3 trillion deal on Sunday to raise the U.S. borrowing limit and assure jittery financial markets that the United States will avoid a potentially catastrophic default.

  • U.S. President Barack Obama
    Obama: Debt Ceiling Deal Reached

    July 31 2011 8:58 PM EDT

    President Barack Obama told reporters Sunday that a deal has been reached to raise the federal debt ceiling and avoid the first U.S. default, the culmination of days of high-level, high-stakes political wrangling to attempt to resolve the nation's large deficits.

  • Mitch McConnell
    Tentative Debt Deal Looms in Senate, GOP Officially Holds-Off for Now

    July 31 2011 8:33 PM EDT

    Senate Majority Leader Harry Reid has "signed-off" on a debt-raising deal that could be voted on as early as tonight, although the Senate's Republican leadership indicates a deal has not been reached yet as the U.S. attempts to avoid the first-ever default on debt by the U.S. government.

  • House Minority leader Nancy Pelosi (D-CA) speaks to the media on Capitol Hill
    House Dems 'May Not Be Able to Support' Deal: Pelosi

    July 31 2011 8:24 PM EDT

    A deal to raise the federal debt ceiling and avoid the first ever U.S. default is "very close," but House Democratic Leader Nancy Pelosi said Sunday there is a chance they may not pass it.

  • U.S. President Barack Obama
    Top Republicans Confident of Debt Deal with Obama

    July 30 2011 6:24 PM EDT

    Top congressional Republicans said on Saturday they were in serious talks with President Barack Obama to break a U.S. debt limit deadlock and were confident the risk of default by the world's largest economy could be avoided.

  • U.S. House Speaker John Boehner, R-Ohio
    Tea Party Scalds John Boehner in Crucial Test of Leadership

    July 29 2011 11:04 AM EDT

    The Speaker struggles to hold his party together.

  • U.S. House Speaker John Boehner, R-Ohio
    Debt Talks: As Vote Fails, Boehner's Authority Disintegrates

    July 29 2011 9:46 AM EDT

    The debt deal saga is becoming a defining moment for House Speaker John Boehner, R-Ohio.

  • House Speaker John Boehner departs the Republican caucus meeting on Capitol Hill in Washington
    Republicans Race to Revive Debt Plan

    July 29 2011 7:57 AM EDT

    Republican leaders will scramble to rescue their budget deficit-cutting plan on Friday after conservatives mounted a rebellion that heaped uncertainty on efforts to avert a catastrophic debt default.