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>> DEBT CEILING Latest News

JUN 12, 2014 - Business Insider

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With Eric Cantor's Loss, Washington Could Get Ugly And Harm The Economy All Over Again

House Majority Leader Eric Cantor's stunning loss in his Republican primary could have effects far beyond his district — even far beyond the internal politics of the Republican Party. Some are beginning to worry about what Cantor's loss could mean for the economy. The Tea Party has become emboldened and there is the potential for more discord in Congress, just as a series of cliffs and key policy fights loom on the immediate horizon.  CNBC's John Harwood, quoting a former GOP leadership aide, wrote on Twitter Wednesday that reauthorization bills on everything from the Highway ... Read More

Tags: With Eric Cantor's Loss, Washington Could Get Ugly And Harm The Economy All Over Again,  Debt Ceiling Latest News