Geithner certain of debt limit deal
Editor’s Note: The Treasury Department has been playing the “catastrophe” card since the beginning of the year, claiming we’d hit the ceiling in March, then…
Debt
The War on the US Economy
Dees Illustration John Boering PPJ Gazette The federal government claims the debt is $14.3 trillion dollars, but other economists say the US debt is closer…
US deficit up 15.7% in first half of fiscal 2011
US deficit up 15.7 % in the first 6 months of fiscal 2011 US Treasury Building © AFP/File Karen Bleier AFP WASHINGTON (AFP) – The…
White House warns of debt ‘Armageddon’
The White House warned Republicans of “Armageddon-like” debt consequences © AFP Mandel Ngan AFP WASHINGTON (AFP) – The White House warned Republicans on Monday that…
White House warns of debt ‘Armageddon’
The White House warned Republicans of “Armageddon-like” debt consequences © AFP Mandel Ngan AFP WASHINGTON (AFP) – The White House warned Republicans on Monday that…
IMF urges US to address debt now
Debt clock/Wikimedia image AFP WASHINGTON (AFP) – The International Monetary Fund on Monday urged the US to begin addressing its yawning budget deficit this year…
US to reach debt limit by May 16: Treasury
“Default would cause a financial crisis potentially more severe than the crisis from which we are only now starting to recover,” Geithner said. He warned that…
US Finances Rank Near Worst in the World: Study
AFP File image Jeff Cox CNBC The US ranks near the bottom of developed global economies in terms of financial stability and will stay there…
Ex-White House economists issue debt warning
Dees Illustration AFP WASHINGTON (AFP) – Ten former White House economists on Thursday called for US politicians of all stripes to get serious about tackling…
U.S. Debt Jumped $72 Billion Same Day U.S. House Voted to Cut Spending $6 Billion
National Debt Clock/Wiki Commons image Terrence P. Jeffrey CNS News The national debt jumped by $72 billion on Tuesday even as the Republican-led U.S. House…
US House approves 3-week spending bill
© AFP Jim Watson AFP WASHINGTON (AFP) – The US House of Representatives, held by President Barack Obama’s Republican foes, approved a three-week stopgap spending…
China US bond purchases decline for 3rd month
China’s holding’s of US debt fell for the third month © AFP/File AFP WASHINGTON (AFP) – China’s holding’s of US debt fell for the third…
4 Dreadful Signs of America’s Economic Collapse
Author’s Bio: Sophie Kinsella is a contributory guest columnist for various websites and communities including Oak View Law Group and CMFA . She has completed her Graduation…
US budget deficit hits record in February
AFP The United States scored a record $222.5 billion public budget deficit in February © AFP/File Shawn Thew WASHINGTON (AFP) – The United States scored…