Indiana Public Media News
The House passed the bill that extends the federal debt limit by a vote of 285-144. Only one of Indiana's representatives voted against it.
$3.5 billion in education funding is now in jeopardy as the supercommittee's deadline looms — and the cuts could hurt some Indiana districts harder than others.
The deal is opposed by both Democratic and Republican representatives from Indiana. 3 Hoosier congressmen voted for the bill.
Members of Congress are closer to a debt ceiling deal, but experts say the future is still uncertain.
There was some danger that programs administered by the state, but paid for mostly by the federal government would be hurt by failing to raise the debt ceiling
Hamilton said even when a deal is reached, the damage has already been done because the debate diverted attention away from more serious economic issues
IU Professor of Economics John Mikesell says the probability of Congress coming up with a proper solution isn’t looking good.
Daniels said Congressional Republicans need to accept that they can‘t solve the problem in a single stroke
Since the early 1960’s the debt ceiling has been raised more than 70 times. So why is this time such a concern?
Americans for Tax Reform President Grover Norquist says President Obama needs to put forward a written plan for a debt ceiling deal, not just talk about it.
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