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US Debt ceiling News

Op-Ed: Debt ceiling issue crisis looms at end of February in U.S.

Washington - As far as debt ceiling crises are concerned history does repeat itself at least in the U.S. The U.S. Treasury spent all its borrowed time and money by Friday Feb. 7 and now is forced to use emergency measures to keep on spending.
In the Media by Ken Hanly - 2 comments

US debt ceiling was not raised it was removed

Washington - The recent bipartisan deal to end the government shutdown and avoid government default, did not raise the debt ceiling but in effect removed any ceiling until February 7 next year.
In the Media by Ken Hanly - 1 comment

Op-Ed: Boehner Burns Senate's Suggestion

Washington - House Speaker John Boehner rebuffed a proposed Senate deal that would have extended the debt ceiling until early February, funded the government through early January and establishes budget conference negotiations by mid-December.
In the Media by William M. Schmalfeldt - 1 comment

Op-Ed: United States credit rating is poised to be downgraded again

The United States government shutdown has entered into its third week while it risks hitting the debt ceiling. Regardless if Washington could get its act together, it is guaranteed that the nations credit rating will be downgraded.
In the Media by Stan Rezaee - 3 comments

U.S. Senate may introduce debt ceiling measure today

Washington - According to the Associated Press, the Democrat-controlled U.S. Senate could introduce a measure to pass a clean resolution to raise the nation's debt ceiling as early as Tuesday.
In the Media by William M. Schmalfeldt

Op-Ed: Obama to GOP — I got your compromise — right here!

Washington - President Obama took to the stump Monday to remind Republicans of something they already know, but something that isn't getting a wide amount of coverage from the mainstream media that thrives on conflict.
In the Media by William M. Schmalfeldt

Op-Ed: Why Obama has already won the debt ceiling and shutdown issues

Washington - While there is yet no solution to the US government partial shutdown nor a solution on raising the US debt ceiling before Oct. 17, there are several signs that U.S. President Barack Obama has won on both issues.
In the Media by Ken Hanly - 1 comment

Op-Ed: GOP splits grow ugly with shutdown damage

Washington - The entire US is howling at the government shutdown, and the verdict is unanimous: The Republicans are responsible. Specifically, the Tea Party faction are responsible. The divide between the “Republicans” and the Tea Party has never been so obvious.
In the Media by Paul Wallis - 3 comments

Obama: Republicans 'trying to mess with me' with budget bill

After House Republicans passed a bill that continued to fund the government while defunding Obamacare, President Obama characterized the GOP as a body that is "trying to mess with me."
In the Media by Michael Krebs - 23 comments

Jack Lew to stop debt clock until October

Washington - The US Treasury Secretary Jacob Lew told Congress that he had decided to extent a measure that will allow the US to remain under the $16.7 debt ceiling. Lew is making the move because the Republicans and Democrats cannot agree on raising the debt limit.
In the Media by Ken Hanly - 1 comment
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US Debt ceiling Blogs

Ratings Agencies Are Not So Bulletproof Anymore

In August 2011, Standard & Poor’s (S&P) (a unit of McGraw Hill) downgraded the credit rating of the United States...
Feb 5, 2013 by Anna Timone

What? Me Worry?

As the U.S. Congress once again pushes the country toward the limits of the debt ceiling, interest rates are likely to...
Jan 25, 2013 by Anna Timone
 

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