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Race against debt disaster

Race against debt disaster

08/01/11 08:00PM

Democratic Congressman Barney Frank of Massachusetts, Ranking Member of the House Financial Services Committee, joins The Last Word to explain why he voted against the debt deal. watch

Osama bin Laden's former compound in Abbottabad, Pakistan.

New details on bin Laden raid

08/01/11 07:30PM

"Nine years, seven months, and twenty days after September 11, an American was a trigger pull from ending bin Laden's life." Such describes the pivotal moment in the now infamous Osama Bin Laden raid in Pakistan, as written by Nicholas Schmidle, appearing in the latest edition of the New Yorker. Due to the ongoing debt crisis, this article will likely receive far less attention than it deserves, but here at The Last Word, we took notice. read more

Debt ceiling debate? Talk to the hand.

Romney out of hiding on debt deal

08/01/11 05:46PM

After weeks of contentious negotiations in Washington, Willard M. Romney managed to stay relatively quiet on the debt ceiling debate. (So much so that The Daily Caller, quite brilliantly, put him on the back of milk carton).Now, just hours before the deadline, the GOP frontrunner finally gave a hint of what he would do in the debt ceiling debate, if he were in charge."As president, my plan would have produced a budget that was cut, capped and balanced — not one that opens the door to higher taxes and puts defense cuts on the table," said the former Massachusetts governor in a statement. read more

First Word: August 1, 2011

08/01/11 04:02PM

We're inching closer to a possible deal on the debt ceiling. A vote is expected to take place later today. Here's a look at stories we're following this afternoon.Pleasing few, debt deal to go to voteU.S. government: Insurers must cover birth control with no copays Getting bin Laden: What happened that night in AbbottabadWinners and losers of debt deal: policy editionDebt deal complicates liberals supportRunning for grown-up: Mitt Romney vs. Jon HuntsmanRomney may pay for going AWOL on debt debate read more

McConnell refusing to work with Reid

07/29/11 09:35PM

Sen. Kent Conrad broke some news on The Last Word tonight. According to him, Sen. Mitch McConnell told Majority Leader Harry Reid he will not negotiate with him anymore — only with President Obama.This continues the rollercoaster standoff on the debt ceiling between top U.S. lawmakers."I've been here for 25 years. I have never heard anything like that," Sen. read more

Friday funnies: debt ceiling

Friday funnies: debt ceiling

07/29/11 08:00PM

There's nothing funny about global economic calamity, that is unless you're a late night comedy writer. MSNBC’s Lawrence O’Donnell bring you the Friday Funnies. watch

First Word: July 29, 2011

First Word: July 29, 2011

07/29/11 08:00PM

The House of Representatives has now passed a tea party fantasy that will never become law. Once again, leaving the job of working out a realistic compromise to the United States Senate. watch

A tiny sampling of today's tweets.

Obama spam or genius tweets?

07/29/11 06:32PM

This week, President Obama has been urging the American people to contact their representatives and senators in Washington on the debt deal. After his grass roots call to action Monday night, many House websites and servers crashed. Today, the president tapped into social media, telling Americans to tweet their reps.Going one step further, his 2012 campaign staff followed up with a deluge of tweets from the @BarackObama account. They promised to post the handles of every single GOP lawmaker. State-by-state. read more

'Almost out of time' in debt talks

07/29/11 05:08PM

 President Obama stepped back into the fray this morning, urging Republicans and Democrats to resolve the debt ceiling issue. "We're almost out of time" before the country defaults on its loans, making the increasingly shaky markets that much worse."The power to solve this is in our hands on a day when we've been reminded how fragile the economy already is," Obama told reporters this morning. "This is one burden we can lift ourselves. read more

First Word: July 29, 2011

07/29/11 03:36PM

Four days left until the debt ceiling deadline. We'll be all over this story again at 8pm ET. Here are a few stories shaping tonight's rundown.President Obama: Any debt solution must be bipartisanAs debt ceiling deadline looms, default or compromise?Speaker Boehner's plan to get a vote on FridayTwitter ambush! White House calls on social media to help reach dealApple Computers holding more cash than United StatesEconomy slowed sharply in first half of year read more