Archive for the News Category

Debt Ceiling Deal Could Mean Social Security Cuts

Posted on June 28, 2011 by

As the negotiations on a debt reduction package drag on, both parties have demanded that the certain items– tax hikes , Medicare , and Social Security cuts–be taken off the table.

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Asian stock markets slip on Europe debt fears

Posted on June 27, 2011 by

Asian markets dropped Monday amid fears of a spreading European debt crisis after a ratings agency placed Italian banks on a review for a possible downgrade.

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First Read – Boehner challenges Obama on debt deal, tax increases

Posted on June 24, 2011 by

From NBC's Shawna Thomas and Carrie Dann A day after his second-in-command pulled out of bipartisan debt talks, House Speaker John Boehner delivered a direct challenge to the White House and said flatly that the House …

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CBO: Debt crisis looms absent major policy changes

Posted on June 23, 2011 by

The rapidly growing national debt could soon spark a European-style crisis unless Congress moves forcefully, the Congressional Budget Office warned Wednesday in a study that underscored the stakes for Vice President Joe Biden and negotiators working on a sweeping plan to reduce red ink.

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Debt talks enter make-or-break week

Posted on June 20, 2011 by

U.S. lawmakers working to rein in the country’s rising debt said on Monday they will have to make substantial progress this week to ensure the country retains its top-notch credit rating.

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Dubious Research: The More Debt Students Have, The Higher Their …

Posted on June 19, 2011 by

Dubious Research: The More Debt Students Have, The Higher Their Self Esteem. It's a sign of the times that your humble blogger is having to create finely stratified typologies for the various types of propaganda dubious …

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Spanish public debt hits 13-year high

Posted on June 17, 2011 by

Spanish public debt hit a 13-year high in the first quarter of 2011 and shattered a key European Union ceiling designed to ensure strong state finances, Bank of Spain figures showed Friday.

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Debt cap row threatens confidence in US: Bernanke

Posted on June 14, 2011 by

Failure to raise the US debt ceiling in a timely manner could sink investors’ confidence in the economy, Federal Reserve chief Ben Bernanke warned Tuesday.

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Debt Collectors Ask to Be Paid a Little Respect

Posted on June 12, 2011 by

Debt collectors are well aware that they are not a sympathetic lot, but the industry trade association has begun a charm offensive.

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Young Adults Sometimes See Debt as a Positive

Posted on June 9, 2011 by

THURSDAY, June 9 — Debt may actually give some young adults a self-esteem boost, a new study suggests.

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