Posts Tagged debt

Debt ceiling: Who’s doing the talking?

Posted on July 6, 2011 by

Negotiations on raising the debt ceiling, tied to tackling the nation’s growing deficit, have officially reached an impasse.

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Avoiding Government Shutdown: The Debt Ceiling as Unconstitutional

Posted on July 1, 2011 by

There are those who believe that the debt ceiling is unconstitutional, according to CNN Money. There are some who believe that, if the current impasse in Congress over whether or not to raise the debt ceiling is not resolved and the debt ceiling is not raised by August 2

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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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Government yard sale could help bring down national debt

Posted on February 25, 2011 by

With the government more than $14 trillion in debt and the Government Accountability Office warning that the longer Congress waits to raise the debt ceiling the harder it will be for the Treasury Department to keep the government operating, some have suggested Congress take a note from Sanford and Son and start selling the junk it already owns.

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Debt ceiling: Postponing hike comes at a cost

Posted on February 23, 2011 by

The longer Congress waits to raise the debt ceiling, the more time and money the Treasury Department will have to spend just managing the national debt by the minute, a federal report warned Tuesday.

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European finance ministers in a bind with Spain, Portugal debt

Posted on January 18, 2011 by

The recession’s repercussions are still felt in Europe, as two more countries may have financial crises.

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Goolsbee: Debt ceiling must be raised – CNN

Posted on January 3, 2011 by

Washington — If Congress does not raise the debt ceiling, the result could be “catastrophic” for the American economy, Austan Goolsbee, chairman of the Council for Economic Advisers, said Sunday.

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Debt turmoil, contagion fears sweep Europe

Posted on November 26, 2010 by

Europe struggled mightily Friday to keep the debt crisis from engulfing country after country.

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Debt battle could lead to government shutdown

Posted on November 8, 2010 by

Fresh from US election victory, Republicans face a rapid test of their debt-slashing resolve, one that could spark a government shutdown and, some fear, undermine efforts to aid the recovery.

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Fundamental Focus: Understanding Debt

Posted on October 28, 2010 by

The events of the past couple of years can largely be attributed to one thing: debt. Or, more specifically, too much of it. But that isnt to say that debt is a bad thing

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