mean that Congress won't be under the gun to make any further budget compromises on either side of the aisle. The looming debt ceiling violation, originally forecast to happen relatively early in 2013, is now probably pushed all the way out until sometime
calmer financial conditions in Europe—there may even be growing action to temper fiscal austerity efforts. The U.S. debt ceiling deadline may provide another opportunity for Washington politics to generate volatility this summer, but the trend so far
WASHINGTON (Reuters) - The Obama administration on Friday notified Congress it was prepared to take a series of steps to free up about $260 billion so it can keep paying the nation's bills once a temporary suspension in the government's debt ceiling lapses this weekend.
Surprise! America will continue to pay its bills. The White House informs Congress of the Treasury's intention to use "extraordinary measures" once the debt ceiling is hit this weekend. ( previous ) 7 comments!
WASHINGTON, May 17 (Reuters) - The Obama administration on Friday notified Congress it was prepared to take extraordinary steps to allow it to keep paying the nation's bills once a temporary...
increasing the debt ceiling is now going to ..... hit the current debt limit of $16.4 trillion ..... a short-term debt ceiling increase with ..... then bump up the debt limit incrementally with ..... And expect the debt ceiling battle to be another
Wells Fargo has yet to remove a significant return for management.
WASHINGTON, May 15 (Reuters) - The U.S. Treasury on Wednesday announced the first of a potential series of emergency cash measures to allow the government to keep paying the nation's bills once a...
WASHINGTON, May 15 (Reuters) - The Obama administration on Wednesday said it was taking the first in a potential series of emergency cash measures to allow the government to keep paying the nation's...
And, while other issues have dominated discussion as of late, the economy will likely move to the front again as the debt ceiling and next year’s budget debates begin. The Affordable Care Act continues to draw derision from many that could force changes