Debt Ceiling = Impending Doom?
Posted on January 10, 2011 by
Without changing the tax-cut policy, which does not match government spending cuts, the demand for raising the debt ceiling will automatically increase.
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Debt Commissioners: Baby Boomers Will Crush Social Security, Medicare
Posted on November 14, 2010 by
Baby boomers withdrawing funds from Social Security , Medicare and Medicaid are going to “crush the system” in a matter of years, a member of President Obama’s blue-ribbon commission on the debt warned Sunday.
Continue ReadingFundamental 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
Continue ReadingDebt repayment law for review
Posted on June 12, 2010 by
The Justice Ministry will revise the debt repayment law in a bid to lower the number of bad debt and bankruptcy cases, says minister Pirapan Salirathavibhaga.
Continue ReadingGerman business confidence dips amid debt crisis
Posted on May 21, 2010 by
German business confidence slipped marginally in May, it’s first such decline since February, as worries about the debt crisis weighed on financial markets and left the euro reeling.
Continue ReadingWary investors worry debt trouble will spread
Posted on May 8, 2010 by
A third straight day of decline on world financial markets raises fears that the debt crisis that began in Greece will spread across Europe like a virus.
Continue ReadingSenate Votes Along Party Lines to Raise Debt Limit
Posted on January 28, 2010 by
The House is expected to vote next week on the $1.9 trillion increase in the debt ceiling, to $14.3 trillion.
Continue ReadingOne industry that’s booming: debt collection
Posted on October 15, 2009 by
WASHINGTON — In the often murky waters of the debt collection industry, United Recovery Systems in Houston is considered a “whale hunter.”
Continue ReadingSwan dismisses debt payment prediction
Posted on April 26, 2009 by
The federal government says it’s nothing more than “wild speculation” to suggest it could take almost 20 years to pay back the debt it’s currently accumulating.
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