Congress

Web Site Lets You “Drunk Dial” Congress

A progressive leaning mobile-messaging service has created a web site that lets users call a random member of Congress to protest the government shutdown. More 

Can the Treasury ‘Prioritize’ Payments if the Debt Ceiling is Breached?

Here's the uncomfortable answer: nobody outside of the Treasury seems to know. More 

Goldman Sachs Defines the Word ‘Default’

When you hear the word "default" in the media or from sell-side analysts, it doesn't always mean the same thing. More 

2013 Was Supposed To Be The Breakout Year For The Economy

The government shutdown is only the most recent stumbling block in a year of slower-than-expected economic progress. More 

30% Chance the Shutdown Continues After Congress Raises the Debt Ceiling

Though most believe that re-opening the government and raise the debt ceiling will come as a package deal, there's a 30% chance of another possibility. More 

How The Battle In Congress Is Making Markets Less Volatile

It seems counterintuitive, but Bank of America Merrill Lynch analyst Ruslan Bibkov argues that political brinkmanship removes the catalyst for volatility. More 

4 Reasons We’re Better Off Without The Jobs Report

It's unlikely that the nonfarm payroll report will go live Friday morning as usual, but it might not be that big of a loss. More