John Boehner

Getty

COULD LAST WEEKS

WASHINGTON - President Barack Obama brought congressional leaders to the White House on Wednesday for the first time since a partial government shutdown began, but there was no sign of progress toward...
AP

U.S. Debt Ceiling Debate Speaks to Dysfunctional System

The complexity of passing legislation through Congress with an intransigent Republican Party is something we should be worried about here in Canada, too. There is the prospect that the federal government, Canada's largest province, and Canada's largest city could all be governed by ideological conservatives.
AP/File

AAA Debt Rating: What Would Life Be Like Without it?

At the end of the day there is nothing sacred about that AAA stamp on Washington IOUs. Since the popular press has done a good job in linking the Aug. 2 deadline with the future of the U.S. credit rating, many believe that getting a debt authorization increase by this date will protect it. That would be naïve.