George Bush actually said...

This would raise the cost of Treasury borrowing, all other things being equal.

A default would almost certainly occur on August 15 if the debt limit is not increased.

Failure to enact a debt limit increase by August 13 would prevent the Treasury from auctioning securities on August 14 and settling on Augus...

And now I sign legislation which takes a sledgehammer to another wall, one which has for too many generations separated Americans with disab...