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On Friday, in the midst of the debt limit battle, the government reported that economic growth nearly ground to a halt in the first quarter of 2011, a far worse performance than previously estimated.
In the "Limit Battle", the objective is to attack opponents with weapons and traps while avoiding attacks unleashed by the opponents.
Obama, too, said he has been concerned about the debt limit battle's impact on consumer and business confidence.
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BBC Capital spoke with four experts to find out what you need to know to keep your bond portfolio safe from future debt limit battles — and more.
In two debt limit battles this year, Obama refused to bargain — but Reid stepped in and helped arrange a deal.
-- Susan Parker,on "As Lauder Folds, Term Limits Battle Rages" If the voters choose to reject Bloomberg, then they will.
Or was she trying to shore up her support among council members in the aftermath of the bitter term limits battle?
Feelings are raw between the two sides largely because Ms. Quinn took heavy political shrapnel for the mayor during the term limits battle as she rounded up support for what became an unusually difficult vote.
The question amounts to another front in the term-limits battle, with opponents of an extension arguing for no change in the campaign-finance rules and supporters arguing for a clean slate for incumbents seeking a third term.
Scott Levenson, a political consultant who has worked on many campaigns in the city, said that although Mr. Bloomberg still rated as a favorite, his hardball tactics throughout the term limits battle "certainly give traction to mayoral opponents that would not have had any a few months ago.
The tensions reveal the degree to which the bruising term limits battle, initiated by the mayor so that he can run for a third term, altered the political landscape, with Ms. Quinn and her colleagues feeling empowered to challenge the Bloomberg administration as never before.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com