The Senate is preparing to move ahead this week on legislation to raise the nation’s debt ceiling, Senate aides told ABC News, with Majority Leader Harry Reid expected to file a bill shortly on a “clean” debt-limit increase.
“With only 10 days until the debt-ceiling deadline Oct. 17, Senate Democrats are attempting to jump-start a debate on increasing the nation’s borrowing power of $16.7 trillion. Strong resistance is expected from some Republicans, aides say, so Reid wants to give the Senate enough time to overcome the threat of a filibuster. If Republicans exhaust all procedural options, the earliest the Senate could approve the bill is Oct. 15.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.