United States Debt Downgraded by Standard and Poor’s, Big Hit
On Friday the 5th, officials at ratings from Standard and Poor stated that the United States Treasury debt no longer deserved to be looked at […]
Debt Ceiling
Debt Ceiling Resolution Not In Sight, Republicans Implode
Thursday night, the Republican Party imploded. (…)
Debt Ceiling Deadline Nears, Boehner Rewrites Proposal
The deadline to come up with a new budget and convince the United States Congress to raise the debt ceiling in August 2nd. (…)
David Wu of Oregon in Sex Scandal, Resigns From Congress
Moments ago, David Wu, the Democratic Representative from Oregon, announced that he was stepping down from his post. (…)
Obama Calls For Debt Meeting, Deal Must Come Soon
The state of the American economy is in a state of flux. (…)
Clinton Warns White House, Gives Economic Advice
In the 1990’s, the American economy was at one of the highest points it has ever been. (…)
July 4th Holiday Canceled For Congress, Debt Ceiling Work To Be Done
It has often been the complaint of many Americans that the men and women of the United States Congress do not work hard enough and focus on the issues that matter the most to the citizens of the nation and the well being of the state as a whole. (…)
Debt Ceiling Pressure Grows, Little Progress Made
The United States debt ceiling has been hit. (…)
Obama Talks With House Republicans, No Debt Ceiling Increase
The United States government was recently given the gift of borrowed time to deal with the spending deficit, which led to the hitting of the debt ceiling, the legal borrowing limit of the American government, a few weeks ago. (…)
Debt Ceiling Reached, US Economy Faces Greatest Challenge
After months of warnings and signs of the obvious, the debt ceiling was finally hit by the United States on Monday. (…)
