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National debt News

Op-Ed: Senate hides on budget

The U.S. national debt has swelled over $5 trillion in just 3 years and the total national debt is slated to surpass $16 trillion this year.

In the Media by Larry Clifton - 6 comments

Group urges congressional term limits on 22nd amdt. anniversary

Washington - Our Generation, an American free market advocacy organization, celebrated the 61st anniversary of the 22nd amendment in the United States constitution this week. As the term limits apply to a president, the group feels it should also apply to congress.

In the Media by Andrew Moran

Op-Ed: Canada's national debt on the rise again

While preaching the gospel of deficit reduction, Prime Minister Stephen Harper has been running up the national debt to record levels.

In the Media by Daniel Lick

Ahead of debate, Ron Paul to present plan for $1 trillion in cuts

Republican presidential candidate Congressman Ron Paul is intending to present a plan on Monday to cut $1 trillion in federal spending and create a balanced budget within the third year of his presidency.

In the Media by Michael Krebs

Warren Buffett's debt plan: Apply tax increases to the mega-rich

In an opinion piece published in The New York Times, billionaire Warren Buffett offered his perspectives on tackling America's fiscal woes, focusing on individuals who earn more than $1 million annually.

In the Media by Michael Krebs - 7 comments

GOP presidential candidates tie Obama to credit rating downgrade

As news of the Standard and Poor's downgrade of America's credit rating from AAA to AA+ reverberated into the weekend, Republican presidential hopefuls used the event to showcase what they see as President Obama's flawed leadership.

In the Media by Michael Krebs - 1 comment

Global markets crash as congressional job disapproval hits high

With the Dow Jones Industrial Average posting its biggest one-day decline since December 2008 on Thursday in lock-step with global market sell-offs, a new poll demonstrated the vast disapproval Americans have for their legislators.

In the Media by Michael Krebs - 2 comments

Ron Paul: Real debate on debt ceiling is about increased spending

In his weekly telephone address, Republican Presidential Candidate Ron Paul contends that the debt ceiling debate is about how much to increase federal spending and not about how much federal spending to cut.

In the Media by Michael Krebs - 2 comments

Senate Democrats reject House debt bill, Obama tweets the issue

Washington - After the House passed Speaker Boehner's debt ceiling extension plan, Senate Democrats rejected it outright and spurred further uncertainty just days before the August 2 deadline.

In the Media by Michael Krebs

Op-Ed: Thanks for the debt ceiling problem, Wall Street

The cause of the debt ceiling debate has been largely ignored. The root cause doesn't stem from Capital Hill. It's from a street 228 miles hard north.

In the Media by Kelly Bowlin - 1 comment

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National debt

National debt Headlines

S&P downgrades Greek debt again

Greek debt classified as in "selective default" by the credit rating agency Standard and Poor's following the nation's bailout deal.

Not paying enough tax? Some Canadians do debt-reduction donations

If Canadians are feeling generous and want to pay more taxes, they are free to donate money to help pay down the national debt.

Plan approved to save Air India

The Indian government approves a debt restructuring plan to save Air India, the country's national airline.

Italy PM Monti urges EU unity to fight debt crisis

No European nation is strong enough to ride out the continent's debt crisis alone, Italy's new premier insisted Saturday, urging fellow EU members to develop a common growth policy.

Debt crisis shuts Greek track federation

Greece's track and field authority suspended all athletic operations Wednesday due to severe spending cuts, the latest twist in the debt-strapped nation's three-year financial freefall.