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At that point the ceiling caught fire.
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At the rate the country is going now, the country will hit the debt ceiling again at some point in the second half of 2012, just in time for Democrats and Republicans to blame each other in time for November elections.
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The House Republicans have an opportunity to use the debt ceiling to drive home the point that Washington has been getting the wrong answers because it has been asking the wrong questions.
FORBES: Team Obama Offers The GOP Debt Ceiling Political Suicide
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At that point, the debt ceiling is likely to get extended.
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Now, officials at the Swiss National Bank are considering what currency or basket of currencies would replace the euro as its reference point for the currency ceiling, according to a person familiar with the situation.
WSJ: Banks Prep for Life After Euro
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But at some point she hit the glass ceiling, and for a big chunk of her career, she watched other men that she had trained -- younger men that she had trained -- pass her up that ladder.
WHITEHOUSE: President Obama Speaks at the White House Forum on Women and the Economy | The White House
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Why are we so quick to point our finger at the men around us for the glass ceiling when a lot of us are not doing ourselves the service of crashing through it?
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The witty NEW MAjestic Hotel, with its ebullient murals, sleek furniture, exposed ceiling and glass-bottomed pool that lets swimmers view the restaurant downstairs, is a case in point.
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And my point, as you know, I know, is that the -- raising the ceiling, the debt ceiling, is so important because it involves the faith and credit of the United States government as the most powerful economy in the world -- the economy to which the whole world looks for stability.
WHITEHOUSE: Press Briefing