WBEZ | debt negotiations http://www.wbez.org/tags/debt-negotiations Latest from WBEZ Chicago Public Radio en Unpacking the debt-deal spin http://www.wbez.org/episode-segments/2011-08-02/unpacking-debt-deal-spin-89966 <img typeof="foaf:Image" src="http://llnw.wbez.org/segment/photo/2011-August/2011-08-02/5225278777_58b39a4344_b.jpg" alt="" /><p><p>After months of bickering, posturing and name calling, Congress reached a debt deal. Legislators used every inch of room before hitting Tuesday’s debt-ceiling deadline. The deal passed the House and is expected to pass the Senate Tuesday. Still, nobody appeared to jump for joy. <em>Eight Forty-Eight</em> opened the discussion up to listeners and fielded calls, e-mails and tweets. Host Alison Cuddy was joined by two political analysts - consultant<a href="http://www.fokn.com/FOKN/David_Dring.html" target="_blank"> David Dring</a> and political science professor<a href="http://www.northwestern.edu/ipr/people/soto.html" target="_blank"> Victoria DeFrancesco Soto</a> - to help unpack the budget deal. Together, they examined the political back and forth, media coverage and spin.</p><p><em>Music Button: DJ Prince, "James Brown Can Work It Out-Beatles Mashup", djprince.no </em></p><p>&nbsp;</p><p>&nbsp;</p></p> Tue, 02 Aug 2011 13:28:00 -0500 http://www.wbez.org/episode-segments/2011-08-02/unpacking-debt-deal-spin-89966 No debt-ceiling deal could be a big deal for Illinois http://www.wbez.org/episode-segments/2011-07-25/no-debt-ceiling-deal-could-be-big-deal-illinois-89574 <img typeof="foaf:Image" src="http://llnw.wbez.org/segment/photo/2011-July/2011-07-25/5397202257_53421b1f4a_b.jpg" alt="" /><p><p>The weekend brought a little relief temperature-wise but in Washington, a different pressure system remained in place: The debt ceiling has not budged. The U.S. Treasury Department warned of a possible federal default if Congress fails to reach agreement by Aug. 2, which could mean potential new money trouble for state and local governments--Illinois already owes plenty. But how much worse could it get? To find out,<em> Eight Forty-Eight</em> was joined by<a href="http://samson.comtech.depaul.edu/faculty/member/Thomas/Mondschean/S/" target="_blank"> Thomas Mondschean</a>, a professor of economics at DePaul University.</p><p><em>Music Button: Jimmy Edgar, "Outer City Sound-Hefty Cut Up Remix", from the CD History Is Bunk Pt. 1, (Hefty)</em><br> &nbsp;</p></p> Mon, 25 Jul 2011 13:10:00 -0500 http://www.wbez.org/episode-segments/2011-07-25/no-debt-ceiling-deal-could-be-big-deal-illinois-89574 Dissecting the debt-ceiling debate http://www.wbez.org/episode-segments/2011-07-12/dissecting-debt-ceiling-debate-89015 <img typeof="foaf:Image" src="http://llnw.wbez.org/segment/photo/2011-July/2011-07-12/AP11071119621.jpg" alt="" /><p><p>President Obama and congressional leaders met Tuesday in hopes of reaching a bipartisan agreement on the debt limit. This marks the group’s third meeting in as many days; there’s been little movement along party lines. Many aren't sure whether to laugh or cry at the federal deficit situation - fear not. <a href="http://www.northwestern.edu/ipr/people/harbridge.html" target="_blank">Laurel Harbridge</a> is an assistant professor of political science at Northwestern University and a faculty fellow at the <a href="http://www.northwestern.edu/ipr/" target="_blank">Institute for Policy Research</a>. She researches the ramifications of a polarized Congress. She offered <em>Eight Forty-Eight</em> an assessment the current options and a few thoughts about potential routes to middle ground.</p><p><em>Music Button: Clutchy Hopkins, "Truth Seekin'" from the release The Storyteller (Ubiquity)</em></p><p><br> &nbsp;</p></p> Tue, 12 Jul 2011 14:17:00 -0500 http://www.wbez.org/episode-segments/2011-07-12/dissecting-debt-ceiling-debate-89015